OUr Company regularly imports Equpt spares from our OEM & chemicals for our operations,both Non Residents for which payment is made thru L/Cs at sight. So far our Authorised Dealer never insisted for any document,viz, Order u/s 195(2) or CA certificate for establishing or payment thru L/C .

In view of the new CBDT provisions, please clarify:

1) Whether both Form 15CB (CA Certificate) & Form 15CA are required for payemnt thru L/Cs

2) If yes,at what point of time these forms Form 15CA is to be submitted? a) While Opening L/C or b) while retiring L/C.

3)In case of a) it is not possible to know the date of remittance as LC specifies only Latest date of shipment+21 days for negotiation.
,In case of b)exact date of remittance by negotiating/ advsising/ correspondent bank to NR cannot be known to remitter. So what date should be mentioned in "proposed date of remittance"?
Thanks

Dear sir,

Is there any registration requirement for starting coaching classes in nature of private classes.

For registration of partnership which is the authority concerned for different districts. any document file of address of ROF.or website .
give me the link or website name.

Dear Friends is recharging of prepaid mobile phones taxable service?

Can any body give any notification(s)regarding determination of taxable value.

1. I am having doubt, because anyway the cellular phone company collects the service tax on the recharge value. So whether the person running a recharge center is liable to collect service tax?

2. In case the recharge center is liable to collect service tax, Is only the margin earned subject to service tax or is the entire recharge amount to be subject to service tax again?

Dear friends please give your expert advise on this matter.

Thanks in advance

can anybody provide me case laws for the effect of brought forward loss to be set off in next year? whether it is necessary to assess the blancesheet every year again to take set off of brought forward loss?

Dear Sir,
please clarify whether pooja expenses is an allowable expenditure under sec. 37?

Is there is any jundgement for this expenses?

If yes kindly notify the ITR no and also relevant case law decided if any

A private limited company whose main object is investments, has invested in 100% equity of another company. The company does not have any other investments or activities.. Is it compulsory for the company to get itself registered with RBI as a NBFC under section 45-IA of RBI Act, 1934? What are the consequences if the company does not register itself with RBI as a NBFC? Please clarify my doubt..

Can a managing director of a public limited company give loan to the company? Under what sections? What are the procedure required?

if have transfer a capital assets and make a gain rs 170000/- I have not used indexation what is tax due on that income 10%,20%

can I have take basic exemption rs 150000

Hi, I am looking for a salary structure which cold help me save tax. The present structure made for the company i work is pathetic and they have asked me to produce my own version. Any help urgently would much appreciated.

Thanks, Eshan

Whether I can opt deemed profit U/s 44AD in a Manpower security contract to companies, Advertisement contract, labour contract etc...where TDS has deducted 2.06%?