piyush.a.k
19 December 2012 at 13:00

Sebi disclosures

Hello Can anyone please tell me the percentage of shares transfer/purchase over and above which , one need to inform SEBI /or ROC for such transfer. Please help me with the required procedure also. Regards


mahaveer
19 December 2012 at 12:59

Vat on furniture

if a company registered in chennai is not dealing in furniture but company buys furniture for their office use only and later on if company sells the same furniture to other party then should the company charged output tax on sell of furniture?


pravin malviya
19 December 2012 at 12:53

Tds

Is TDS to be deducted for payment made to a person with whom a company hasnt entered into a contract??
eg: purchase of uniform for employees of Rs.110000. Is TDS applicable herein??


vivekanand bharti
19 December 2012 at 12:49

Computation of tax

if a company sale machinery then how to calculate capital gain or loss of sale of machinery.



Anonymous
19 December 2012 at 12:48

Law for resignation

I want to know that when any person resign immediately then company can deduct salary or not.



Anonymous
19 December 2012 at 12:48

Pf withdrawal & invest in nri a/c

One person working in a MNC in India for last 5 years. And now he is moving to Indonesia for a new job. That person withdrawn his Provident Fund ( for last 5 years) in India. How should he transferred the PF money to his new A/c (Indonesia salary or Curr or FD A/c) without paying any tax in india.


amol dhage

Dear Experts

in a TDS we wand download form 16-A
For contractor but
in When NSDL PORTAL We login it show
"Please note that, data is available for the challans/TDS/TCS statements processed at TIN upto October 31, 2012."
but we process for 16-A Request in TDS SARAL SOFTWARE.
WE Can't get a file from THIS A/C 1st n 2nd
as per regular procedure

please give info
thanks


ramanpreet kaur bhatia

Broadly speaking, when a French entity seconds expatriates to an Indian entity, the French entity continues to endure social charges on these expats. Therefore, the French entity invoices the Indian entity hosting the expatriates for the reimbursement of these costs.

Assume that these payments are not made under a service agreement or anything, they are purely reimbursement of costs.

My understanding is that under Indian tax law, this kind of payment is not subject to any withholding tax (and as it is outside of the scope of any withholding tax, no PAN or specific formality is required from the French entity). Also, under the India-France DTAA, no withholding tax shall apply.

Can you confirm my understanding is correct ?


CA Suraj Prasad Shaw
19 December 2012 at 12:25

Interest u/s 24(b)

Whether interest on loan taken from relative is claimed as deduction u/s 24(b) of Income tax act 1961, under the head income from house property. Whether interest claimed will be disallowed if the property for which deduction is claimed is sold within 2 years of purchase of the property. Please provide the case laws also.

Read more at: https://www.caclubindia.com/forum/interest-u-s-24-b--231842.asp#.UNFkkeQQfmA



Anonymous
19 December 2012 at 12:22

Wrong rate of service tax is charged

during the audit it was found that , Invoice is raised as on January 16th 2012, Service Tax charged @10.3%. The bill has been booked as journal as on 1.8.2012. Can you inform me which are the laws are violated by this accounting?
I feel AS- 9 on Revenue recognisition has been violated as the income was to be booked as on 16.01.2012.
Also if invoice is booked on 1.8.2012 service tax should be 12.36%.






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