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Nandakumar T S
17 July 2015 at 11:40

Foreign taxes

I represent a Pharma Consultancy Company providing end to end GxP solutions to pharma companies globally.
One such overseas project has encountered a Tax liability at source on our Professional Fee paid in milestones as per Consulting Agreements.

Request Forum to advise on how DTAA between India & South Korea functionally assists in this scenario.

Can we ask the Korean counterpart to process all remittances after absorbing all such taxes on their books to their cost without impact on fee??

Request your expedited suggestion and valuable advice ASAP


CA Mohit Kumar
16 July 2015 at 20:36

Gmcs

DEAR SIR

I HAVE REGISTERED AS AN ARTICLE ON 20-04-2011 WHICH IS COMPLETED ON 20-04-2014. I HAVE CLEARED MY BOTH GROUP OF CA FINAL. NOW, I WANT TO PURSUE GMCS COURSE WHICH IS PENDING TILL NOW. WHAT SHALL I DO NOW. PLEASE REVERT ME FOR EXPLAINING ALL THE PROCEDURE IN RESPECT OF GMCS COURSE. FURTHER, IF THERE IS ANY OTHER REQUIREMENT IN RESPECT OF INSTITUTE SHALL GUIDE ME


THANKS AND REGARDS



Anonymous
16 July 2015 at 17:54

Setting up a trust for school

Hi, I am setting up a school in MP and would like to set up a trust for that. Can someone please tell me the following:
a. Share a draft copy of the Trust deed?
b. Where does the deed get registered? In Bhopal or from the District Collector?
c. What value of stamp paper does one get it made on?
d. The Trust does not own any land or property and the school will function from rented premises. I had read somewhere that there needs to be property to form a Trust. Can someone please confirm?
e. Does it need to be a public charitable trust or a private trust will do?
f.If I wish to raise grant money, what is a better form of the above two?
g. Would I need to separately apply for IT exemption once the Trust is formed?
h. Can Trustees be paid a salary? What is the tax rate on this?

Thanks


CA Raju Mangali
16 July 2015 at 17:34

Agm

Dear experts,

I have the doubt regarding AGM,
the shareholders at an annual general meeting passed a resolution for payment of dividend at a rate higher then that recommended by th directors. it is validity of resolution under the companies act 2013

Please clarify my doubt



Anonymous
16 July 2015 at 14:49

Raising capital for forming huf firm

Can I as an Individual entity transfer (permanently or Temporarily) my saving to form HUF, in which I will be a karta.

Also, can I use my wife Corpus for the same purpose, in which she will be as co-parcener?.


disha
16 July 2015 at 12:29

Articleship

hey, please help me. i just passed graduation now i want to do ipcc. can i do articleship while ipcc?


CA PARTH SHAH
16 July 2015 at 02:19

Which act applicable for a society?

I want to register a society having an object of providing education to poor kids in Gujarat.

Which statute will be applicable for registration and governance of the society-- Indian Society Act 1860 or local staute of Gujarat for Cooperative Society i.e. Gujarat Coperative Societies Act 1961?



Anonymous
15 July 2015 at 22:56

Tds

I WANT TO KNOW IS TDS TO BE DEDUCT OR NOT ON TRANSPORTATION OF GOODS THROUGH CONTAINER CORPORATION OF INDIA LTD W.E.F.01-06-15

AS PER SOME ONE SAID ME WE HAVE TO DEDUCT TDS FROM THEM BUT ALSO WE HAVE TO PAY THEM TOTAL VALUE OF FREIGHT CHARGED BY THEM AND THE TDS OF OF FREIGHT @ 2% WILL BE CLAIM AFTER THE QUATER END THEN THEY WILL REFUND OR ADJUST IN NEXT TRANSACTION


ANAND
15 July 2015 at 21:54

Co. background check

hey guys a bit new in this profession but wanted to know how to check a co. background



Anonymous
15 July 2015 at 16:53

Tds on purchase of property

Hello,

Someone I know is planning to buy an open plot in Bangalore falling under the BDA area. I am told that TDS @ 1% is applicable. Is this correct?

Who pays for it? The buyer or the seller? What is the general market practice?

I would be grateful if any expert can please help me with this query.

thanks in advance






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