Pushkraj Sathe
This Query has 3 replies

This Query has 3 replies

07 November 2007 at 13:31

section 115JB

Whether section 115JB is applicable to a company having 100% deduction under Section 80JJA.And whether profits under sec 80JJA can be reduced from the profit as per the calculations U/s 115JB to arrive at Book Profit U/s 115JB ?


Vinod Sharma
This Query has 2 replies

This Query has 2 replies

07 November 2007 at 12:36

Interest on Housing Loan

Can a son claim Intt.or repayment of housing loan (Loan taken by son) but house is in the name of mother. If yes, any sec./rule/or case law, because the employer of son is not giving expemption to son. Another query, whether a son can claim two housing loan benefits.

Thanks
Vinod Sharma


Vinod Sharma
This Query has 2 replies

This Query has 2 replies

07 November 2007 at 11:56

Interest on Housing Loan

whether Interest and repayment of housing loan claim by a son ( Who have actually taken loan) but house is in the name of mother. If yes, then any sec. or case law available, because employer is not giving exemption to son, Another query is whether a son can claim two housing loan benefits at a time.

Thanks,
Vinod Sharma


A. Gupta
This Query has 1 replies

This Query has 1 replies

07 November 2007 at 11:50

TDS on Commission on sales paid to NRI

An indian company appoints some sale agents abroad to obtain orders their in consideration of commssion on sales. All such agents are non-residents and do not have any permanent establishment in India. Whether the indian company is liable to deduct TDS on such commission payments? Whether such income can be deemed as income accrue or arise in India in the hands of such agents? Please give your opinion.


CA Anil Jain
This Query has 1 replies

This Query has 1 replies

07 November 2007 at 11:32

TDS deduction on Internet usage???

do we need to deduct tds if we have made a contract of internet usage with a company and the bill amount is the same every month???
what is needed to be done if it is call centre???


harshit
This Query has 6 replies

This Query has 6 replies

07 November 2007 at 11:22

Fringe Benefit Tax Applicibility

One of Firm, its Turnover was Rs.14 lacs ant it was a manufacturing industry (small)for the year 2006-07, which was applicable for FBT or not?

How much Turnover need for FBT? Plzzz sir?


TARUN
This Query has 8 replies

This Query has 8 replies

06 November 2007 at 14:44

EXEMPTION LIMIT

HI,
SOMEBODY TOLD ME THAT IF WE INVEST RS100000/-IN KISSAN VIKAS PATRA THEN WE ARE ABLE TO TAKE EXEMPTION FOR THAT FULL AMOUNT WITH RS100000/- OF 80C MEANS I WANT TO ASK THAT CAN WE CLAIM EXEMPTION OF RS200000/-
PLZ SUGGEST ME.

THANKS


CA Anil Jain
This Query has 4 replies

This Query has 4 replies

06 November 2007 at 14:06

Exemption u/s80c

In 80C of the Act the maximum limit of exemption is Rs.1,00,000/but someone told me that this limit is not applicable on the Invetment in the ELSS to the extent of rs.10,000/-whether it is true?
Plz tell me something more in this Regards.


Wishing u a very happy Diwali in Advance.
Thanks & Regards,

Anil Jain


Punchy Jain
This Query has 1 replies

This Query has 1 replies

06 November 2007 at 13:33

Implication of Cost plus pricing model

Univa Singapore, intends to establish a new company in India, Univa India. This conmpany will primarilly provide sourcing and marketing services to its Singapore and will bill it on cost plus 10 for the above services.

What are the implications of this arrangement from a Transfer pricing, TDS, PE and Service tax perspective.

Regards


CA Anil Jain
This Query has 5 replies

This Query has 5 replies

06 November 2007 at 13:29

Tax deduction at source

If payment to party & deposition of TDS both in the next qtr. whether we require to revise the return or we make entry in the next qtr. date ?





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