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Click here to Post your Query >>5983 unanswered question(s) — Showing 5641–5660
| Que. Id | Date | Description |
|---|---|---|
| 1242 |
Jan. 04 2006 |
Pay per click services - Services tax –
(INDIRECT TAXES)
Hi all, The services of managg pay per click program management ed to ternet marketg are full operation dia now. would like to knw the entire activity flow for provifg this kd of services and the implication of service tax on the same. ' BY: Sunil Kumar Jain No answers yet View Answers | Post Answers |
| 1245 |
Jan. 04 2006 |
1387 –
(INDIRECT TAXES)
Dear Mr Hiregange, Thanks for your early reply. will get back to you if I have any other query. ' BY: namita No answers yet View Answers | Post Answers |
| 1247 |
Jan. 04 2006 |
Cenvat on Corier Charges –
(INDIRECT TAXES)
We are despatchg the fished goods from Factory to various customers across the country through Freight Forwarder ( Courier like Geologistics, Safex, Gati, Blue Dart etc) and they charge service tax on their monthly bills. No dividual consignment note is beg issued by Freight Forwarder. My quion is whether we can cim CENVAT credit of the service tax paid on despatch of goods from factory. ' BY: Rajesh Kumar No answers yet View Answers | Post Answers |
| 1248 |
Jan. 04 2006 |
Deduction of Notice Period Salary Paid by Employee –
(DIRECT TAXES)
Most of the employment conditions require an employee who desires to change his job, to give his employer a notice of his tentions and serve him for certa pre-fixed months. case he desires to leave the services immediately or before the notice period, he should pay the employer an amount equivalent to the sary he would have earned durg the notice period or shortfall thereof. Is this amount deductible from the sary come of the employee? Please cite some of relevant case ws, if possible. ' BY: Vivek Kumar Jain No answers yet View Answers | Post Answers |
| 1251 |
Jan. 04 2006 |
Depreciation on Assets taken on lease –
(DIRECT TAXES)
Date : 04,01,2006 DEPRECIATION ON ASSETS TAKEN ON LEASE : Q. If the Assessee has taken the assets on lease and the Lessor has not cimed the depreciation on the Assets which has been given by him on lease that case the Lessee can cimed the Depreciation u,s.32, what will be the cost of the assets for providg depreciation .and which rate will be apply to cimed the Depreciation . If the lessee is cmg lease rental as expenses agast the revenue that case he can also cimed the Depreciation. Because as per my view that the Assessee can cimed the only one deductions either the assessee can cimed the Depreciation or can cimed the lease rental charges or If there is any provisions to cimed the Depreciation as well as lease rental charges please crify and also provide any recent judgement if any . ' BY: R.C. Jain No answers yet View Answers | Post Answers |
| 1252 |
Jan. 04 2006 |
SERVICE TAX ON TOUR OPERATORS –
(INDIRECT TAXES)
SIR, HOW IS THE OF 60% ABATEMENT APPLICABLE TO TOUR OPERATOR AND HOW R THEY SUPPOSED TO BILL THEIR CLIENTS REGARDS ARCHANA ' BY: ARCHANA YADAV No answers yet View Answers | Post Answers |
| 1254 |
Jan. 04 2006 |
Long Term Capital Gain –
(DIRECT TAXES)
A Limited Company has acquired nd the year 1990 for rs.1,00,000,. After its split up as Company A and Company B, New limited company B has purchased the nd from old Company A the year 1996 for Rs.11,00,000,- plus improvement cost Rs.3,00,000,- Now the year 2005 ( month April , 2005), Company B has sold the nd to a Petrolium Company for buildg Petrol Pump for Rs.75,00,000,. What is the amount of long term capital ga. How Long term capital can be saved, Whether by vg to further Purchase of nd for dustrial use, or Whether vment Machery can be done . What is the amount which can be ved whether total conration received or only long term ga. ' BY: Lalitranjan Maurya No answers yet View Answers | Post Answers |
| 1233 |
Jan. 03 2006 |
Works Contract –
(MISC.)
company who deals erection, staltion and commissiong of fire fightg equipments i.e under works contract which he use to supply goods along with their erection, staltion and commissiong , when this co eligible for central sales tax registration and also whether sales of two firms belong to same person merged together ' BY: RADHIKA GUPTA No answers yet View Answers | Post Answers |
| 1239 |
Jan. 03 2006 |
CAPITAL GAIN –
(DIRECT TAXES)
MR X PURCHASE A HOUSE PROPERTY 1978 FOR RS. 00,-(VALUE OF 1981 RS, 100000,-) MR X DIED ON 1989 AND PROPERTY HAS TRANSFERED TO HIS THREE SONS MR A, MR B AND MR C. 1995 MR C DIED AND PROPERTY TRANSFER TO MR A AND MR B (M V OF PROPERTY 000,-) 2001 MR B DIED AND PROPERTY TRANSFER TO MR Bs SONS (MR O AND MR. P)(M V OF PROPERTY 1000000,-). NOW MR A AND MR O AND P SELL THIS PROPERTY RS, 1000,-. WHAT WILL THE THE TAX IMPLICATION AND PROCEDURE OF TAX CALCUTION. ' BY: PIYUSH KAPOOR No answers yet View Answers | Post Answers |
| 1225 |
Jan. 02 2006 |
Capital gains on transfer of Immovable property to a newly formed company –
(DIRECT TAXES)
X & Y own 11 acres of prime property which they transferred to a Company newly formed by them which they are offered cumitivly 51% of the equity of the new company lieu of conration of sale of nd. Is the difference beetween the cost of aquistion of the nd by X & Y & conration offered Shares (FV Rs 10) liable to capital gas tax. The asset is a long term asset. What would be the posistion if the nd was given to the Company on a 99 year lease for which the Company pays the same sum the form of Equity (51%) as a one time payment ' BY: Robin Joseph No answers yet View Answers | Post Answers |
| 1215 |
Dec. 31 2005 |
TDS –
(DIRECT TAXES)
Whether Tax needs to be Deducted U,S 194C on the re-imbursement portion,if a job worker discloses re-imbursement amounts and the service charges separately his bill and also supports the re-imbursement with his actual purchase bills.Whether the answer would also be same for Sec 194J. ' BY: Debdatta Bandyopadhyay No answers yet View Answers | Post Answers |
| 1216 |
Dec. 31 2005 |
INVESTMENT U/S 54 FOR SAVING TAX ON LONG TERM CAPITAL GAIN ON SALE OF COMMERCIAL PROPERTY –
(DIRECT TAXES)
I have commercial property which is a long term capital asset of me & now I have sold the same on which LTCG has arisen.Now I want to v the same to Long Term Capital Asset to save the same. Can I purchase rential house to save the Capital ga & if yes, I propose to consturct the rential hosue with next two to three years. but will i be required to give any undertakg to the IT deptt for the same or will I be forced to keep the amount any special capital ga account scheme bank account or I will be required to do anythg else. Plese clearify ' BY: Mandeep Singh No answers yet View Answers | Post Answers |
| 1220 |
Dec. 31 2005 |
procedure for obtaining manufacturing licence for aurvedic oil –
(MISC.)
please tell me where is the office of gettg manufacturg licence and what formalities require to be fullfilled. ' BY: GOVIND NARAYAN SRIVASTAVA No answers yet View Answers | Post Answers |
| 1203 |
Dec. 30 2005 |
Latest Amendment to DVAT Rules after may 2005 –
(INDIRECT TAXES)
from where can i get the amendment made to DVAT Rules after may 2005 ' BY: Manish Gupta No answers yet View Answers | Post Answers |
| 1204 |
Dec. 30 2005 |
service tax cenvat matter for telecom sector –
(MISC.)
what are the records required to be mataed by telecom sector companies for availg cenvat credit and what are the nature of items covered for cenvat credit purpose by the telecom sector ' BY: pawan gupta No answers yet View Answers | Post Answers |
| 1189 |
Dec. 29 2005 |
ALLOWABILITY OF SALARY AND INTEREST TO PARTNERS AFTER DECLARING 5% NET PROFIT ON TIURNOVER –
(DIRECT TAXES)
MY CLIENT HAS DECRED 5% PROFIT ON TOTAL RECEPIT . AFTER THAT HE IS REDUCG THE SARY AND TER ON CAPITAL TO PARTNERS.BUT THE DEPARTMENT IS NOT AGREEG TO THAT AND THEY HAVE TAKEN THE CASE FOR COMPULSORY SCRUTY .ARE THERE ANY CASE WS TO SUPPORT MY PLEA THAT THA PARTNETS SALRY AND TER TO BE ALLOWED AFTER 5% PROFIT ON RECEIPTS ' BY: PUNITA BHATIA No answers yet View Answers | Post Answers |
| 1190 |
Dec. 29 2005 |
credit of service tax –
(INDIRECT TAXES)
whether credit of service tax paid on L,C can be taken if such charges is reimbursebale from other party ' BY: Atul Kumar jaiswal No answers yet View Answers | Post Answers |
| 1191 |
Dec. 29 2005 |
Exemption to charitable trust U/S 12A and 80G,renewal refused,cancelled –
(DIRECT TAXES)
A Charitable truat was granted exemption U,S 12A and 80G 2000 for three years.When application was filed for renewal of 80G ,CIT cancelled exemption from 2000 and also refused renewal U,S 80G on technical grounds: 1.Trust is for a particur religious community the trust deed it was mention tha A dharamsa (Bhawan) to be constructed to be used preferably by Agarwal community and by others as well for social functions. 2nd was purchased by founders their name before creation of trust but had cuse that it will be used only for construction of Bhawan. 3.Trust deed contas as schedule full particurs of nd .Though a cuse was serted for a release deed favour of trust ,but registrar said this not required, 4.As usually happens name pques on rooms are given for major donors.CIT says donation is misused. Please advise steps to be taken and justification of the grounds. ' BY: Pravin Kumar jain No answers yet View Answers | Post Answers |
| 1193 |
Dec. 29 2005 |
AVAILING SERVICE TAX CREDIT-BEFORE COMMENCEMENT OF BUSINESS –
(INDIRECT TAXES)
THE COMPANY SUPPOSE - HOTEL BUSESS HAS NOT YET COMMENCE ITS OPERATION SCE CONSTRUCTION OF HOTEL PREMISES IS UNDERGOG. SERVICE TAX WILL BE APPLICABLE SCE ITS COMMENCEMENT OF OPERATION. QUERY....... WHETER THE CO. CAN REGISTER UNDER SERVICE TAX BEFORE ITS COMMENCEMENT OF BUSESS AND TAKE CREDIT OF SERVICE TAX PAID ON EXPENSES (PRE CORPORATION EXPENSES) ' BY: BHAVIN KAPADIA No answers yet View Answers | Post Answers |
| 1172 |
Dec. 28 2005 |
Quarterly filing of TDS Return –
(DIRECT TAXES)
1. Whether it is necessary to file Quartely TDS urn if the accoutg is done on the st day of accountg year ie. if they account for ter or borkeage or commission on 31-3-2006? If yes, then what is the procedure. if no, then whether we need to file Nil urn. ' BY: sunil lodha No answers yet View Answers | Post Answers |
