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Click here to Post your Query >>5983 unanswered question(s) — Showing 5941–5960
| Que. Id | Date | Description |
|---|---|---|
| 121 |
Sep. 01 2005 |
FBT - Accounting procedure in case the employer wants to pass on the burden to the employee –
(DIRECT TAXES)
Hi case an Employer wants to pass on the FBT burden to the employee,how does he go about it. While makg reimbursement of expenses covered by FBT - say Medical exp - can he deduct the FBT amt and make payment for the bance. Is this allowed as per the FBT w? If not, then how can the burden be passed on to the employee. Thanks ' BY: Anirudh No answers yet View Answers | Post Answers |
| 122 |
Sep. 01 2005 |
Exemption U/s 10B –
(DIRECT TAXES)
This query is protracted to the quety id 137 on the same subject. When the assessee purchases different Macheries and parts thereof dia, he applies his value addition to convert the same to Pnt and Machery for the purpose of say Cement Pnt. The assessee calls this value addition as manufacturg of Engeerg Items. Whether the stand taken by the assessee is tenable? Virander Kr Chauhan ' BY: Virander Kr Chauhan No answers yet View Answers | Post Answers |
| 109 |
Aug. 31 2005 |
Exemption U/s 10B –
(DIRECT TAXES)
Whether an undertakg of a company which is 100% EOU Specified Economic Zone beg engaged the busess of takg staltion of turnkey projects overseas will be entitled for exemption under section 10B. Entire receipts are received convetible foreign exchange and the Pnt and Macheries have been supplied from dia and are beg stalled foreign countries. The projects are like Cement Pnts or Steel Pnts etc. The undertakg have been issued EOU status by SEZ Authorities for manufacturg of Engeerg Items. Kdly sugg. ' BY: Virander Kumar No answers yet View Answers | Post Answers |
| 93 |
Aug. 30 2005 |
What is the procedure to file form 26QA for bankg companies. '
–
(DIRECT TAXES)
What is the procedure to file form 26QA for bankg companies. ' BY: PANKAJ SHARMA No answers yet View Answers | Post Answers |
| 95 |
Aug. 30 2005 |
FBT on Repair, runng (cludg fuel), nance of motor car and depreciation thereon.
Quion:
Motor car –
(DIRECT TAXES)
FBT on Repair, runng (cludg fuel), nance of motor car and depreciation thereon. Quion: Motor car purchased on three years Lease fanace, the quion is whether the stalment( consists of prciple and ter) will be covered under the FBT. It is to be noted that it is just purely a fance of the car and not the lease rent. ' BY: V.K Jain No answers yet View Answers | Post Answers |
| 97 |
Aug. 30 2005 |
CARO Report –
(AUDIT)
What are the changes reportg reqirements under CARO? ' BY: Namita Bhandari No answers yet View Answers | Post Answers |
| 104 |
Aug. 30 2005 |
Pre incorporation exp. of pvt.ltd co borne by Public company –
(CORPORATE & OTHER LAWS)
Dear Sir, A Public company is gog to ur the registration exp. to ROC for floatg a Private Limited company. The Public company is gog to have 99% of shareholdg the private limited company.Now can this expenditure be booked the books of Public company or shall it have to be shown as advance, vment? What will be the accountg tratment private limited company? which section companies Act deal with this aspect? please help me out. ' BY: M. Santosh Kumar No answers yet View Answers | Post Answers |
| 87 |
Aug. 29 2005 |
How can I register on PD Portal '
–
(MISC.)
How can I register on PD Portal ' BY: Nishant No answers yet View Answers | Post Answers |
| 89 |
Aug. 29 2005 |
Irrespective of the accountg standard applicable, i.e. Fixed Assets , tantible Assets, whether pre-o –
(AUDIT)
Irrespective of the accountg standard applicable, i.e. Fixed Assets , tantible Assets, whether pre-operative expenses , prelimary expenses can be deferred or not? ' BY: Kondagunturi sivarama gopal No answers yet View Answers | Post Answers |
| 90 |
Aug. 29 2005 |
if turnover of the society is not exceedg Rs 40 cs whether it is required tax audit u,s 44AF. societ –
(DIRECT TAXES)
if turnover of the society is not exceedg Rs 40 cs whether it is required tax audit u,s 44AF. society are engaged the busess of sale of seeds & picides it is end user- this is ail busess? ' BY: sachin jain No answers yet View Answers | Post Answers |
| 78 |
Aug. 28 2005 |
WHAT ARE THE AMENDMENTS THE WORDGS OF THE CARO REPORT? '
–
(AUDIT)
WHAT ARE THE AMENDMENTS THE WORDGS OF THE CARO REPORT? ' BY: RADHIKA S. BHOTICA No answers yet View Answers | Post Answers |
| 62 |
Aug. 27 2005 |
COMMODITIES VAYDA BAZAR PROFIT TAXABLE UNDER WHICH HEAD? IF COMMODITIES VAYDA BAZAR PROFIT TAXABLE –
(DIRECT TAXES)
COMMODITIES VAYDA BAZAR PROFIT TAXABLE UNDER WHICH HEAD? IF COMMODITIES VAYDA BAZAR PROFIT TAXABLE UNDER BUSESS HEAD THEN IF TOTALS OF TRANSACTION AMOUNT EXCEED RUPEES 40 C - REQUIRED TAX AUDIT U,S 44-AB OF THE COME TAX ACT ' BY: AMAR KUMAR AHUJA No answers yet View Answers | Post Answers |
| 67 |
Aug. 27 2005 |
The frieght payment exceeds RS20000.There is no written contract between transporter and assessee.Wh –
(DIRECT TAXES)
The frieght payment exceeds RS20000.There is no written contract between transporter and assessee.Whether the words pursuance of any contract between the contractor and firm mentioned at start of sec.194(c)cover such frieght payments Secondly tranasport companies issug bilties are generally bookg agencies The payments are made to different truck drivers less than Rs20000 at different times on the basis of bilities of same transport co. of supplier pce There is no contract between tpt.co. and assessee. Payment are made made on cash basis frieght amount is not credited the a,c of tpt.co. ,truck driver.Is it mandatory to club different payments for applyg the limit of Rs00 a year ' BY: PK KHANNA No answers yet View Answers | Post Answers |
| 74 |
Aug. 27 2005 |
Mr A newly qualifed -chartered accountant take over a chartered accountant firm from Mr B- chartered –
(MISC.)
Mr A newly qualifed -chartered accountant take over a chartered accountant firm from Mr B- chartered accountant who was the proprietor of the firm.befor take over by mr B there was two transfer before mr B take over and origal proprietor whos name the above firm exist is dead. quion 1.whether any family memeber of origal member can cim them as legal heirs of the firm though there is no agrement and ion with the above trnasfer and also as per part 1 sch 2 of sec 22 of ICAI ACT do not allow any such cim 2.if family member of the above pot 1, cim as legal heirs, what action can be taken by the stitue and member 3.whether above facts should be reproted to central council of our stitute ' BY: MD.SAIFUDDIN SHAH No answers yet View Answers | Post Answers |
| 75 |
Aug. 27 2005 |
An assessee has decred agricultural come of Rs.300000,-for a.y.2003-04.He has not mataed any records –
(DIRECT TAXES)
An assessee has decred agricultural come of Rs.300000,-for a.y.2003-04.He has not mataed any records for the same except for the fact that he has produced before the A.O. the nd records.He has also given item,crop wise net come to the A.O. at the time of assessment. What are the other alternatives tto prove agri come? ' BY: Ranganath Shenoy No answers yet View Answers | Post Answers |
| 77 |
Aug. 27 2005 |
ASSESSEE HAS REGISTERED A TRUST DATED 28.08.1998. APPLICATION FOR REGISTRATION U,S 12A WAS SUBMITTED –
(DIRECT TAXES)
ASSESSEE HAS REGISTERED A TRUST DATED 28.08.1998. APPLICATION FOR REGISTRATION U,S 12A WAS SUBMITTED DT.19.12.2000. MANY QUERIES WERE RAISED BY THE DEPTT. AND REPLY HAD BEEN SUBMITTED BY THE ASSESSEE PROPERLY DUE TIME. DEPTT. HAS NEITHER GRANT NOR REJECT THE REGISTRATION TILL 26.08.2005. MATTER IS STILL PENDG WITH THE DEPTT. WHETHER IT WILL BE TREATED AS DEEMED REGISTRATION U,S 12A. ' BY: RAMPHAL GUPTA No answers yet View Answers | Post Answers |
| 61 |
Aug. 26 2005 |
ED TO VAT
One Registered Dealer was filg his urn on Purchase Basis.Is he not eligible for PUT TAX –
(MISC.)
ED TO VAT One Registered Dealer was filg his urn on Purchase Basis.Is he not eligible for PUT TAX CREDIT UNDER VAT? ' BY: BIJAY KUMAR AGARWALLA No answers yet View Answers | Post Answers |
| 46 |
Aug. 24 2005 |
A Private Limited company, with no operations the st three years and hence no profit and Account p –
(CORPORATE & OTHER LAWS)
A Private Limited company, with no operations the st three years and hence no profit and Account prepared,has filed Audited accounts and Annual urn with ROC, till st year. The Bance Sheet reflects only Miscellenaous Assets-Accumuted es on the Assets and Share capital and liability to company under the same group. Is it entitled to submit an application under the SES scheme, sce the bance sheet reflects liability to company the same group or does it have to be NIL assets and NIL liabilities to be eligible under SES ' BY: RAVICHANDRAN R No answers yet View Answers | Post Answers |
| 50 |
Aug. 24 2005 |
A private limited company who had leased a factory plot from Developement Authority had built up a f –
(DIRECT TAXES)
A private limited company who had leased a factory plot from Developement Authority had built up a factory premises but stead of dog its own busess there has let it out at a monthly rental of Rs 20 cs. Is there a way out for it to reduce its tax liabilty on rental come, it is gettg. ' BY: S K Dalmia No answers yet View Answers | Post Answers |
| 37 |
Aug. 23 2005 |
IS IT POSSIBLE TO CIM A PREMIUM OF LIFE SURANCE POLICY OF 00,- PAID BY ASSESSEE AND HER SPOUSE 20 & –
(DIRECT TAXES)
IS IT POSSIBLE TO CIM A PREMIUM OF LIFE SURANCE POLICY OF 00,- PAID BY ASSESSEE AND HER SPOUSE 20 & 20 RESPECTIVELY & BOTH WANT TO CIM 20,- EACH THEIR COME TAX URNS IF NOT POSSIBLE THEN WHAT ARE THE OPTIONS AVAIBLE TO BOTH ASSESSEE ' BY: AMAR KUMAR AHUJA No answers yet View Answers | Post Answers |
