An agreement entered into by a resident company with a non-resident foreign company situated in Dubai(UAE) for providing management consultancy/technical services by later for a project to be undertaken in India.

Whether remittances to the non-resident foreign company that does not have a permanent establishment in India impose TDS liability on the payer in light of section 195,Double taxation avoidance agreement with UAE & section 115A of Income Act

An agreement entered into by a resident company with a non-resident foreign company situated in Dubai(UAE) for providing management consultancy/technical services by later for a project to be undertaken in India.

Whether remittances to the non-resident foreign company that does not have a permanent establishment in India impose TDS liability on the payer in light of section 195,Double taxation avoidance agreement with UAE & section 115A of Income Act

I have the follwoing query -

A company has bought back it;s FCCB ( Foreign Currency Convertible Bonds ) at a discount from non resident sellers as per RBI permission. The seller may have some capital gain on such bonds, however the buying back company is not having any infomration about the seller or his purchase price or period of holding. In such a scenerio there would be any withholding tax liability on the paymemt made to non resident sellers. if yes under what section and what rate?

Respected All,
I have received a PO in which Customer has mentioned that service tax is not applicable to education institute?

if yes then what is the process for that?

We the service provider and also traders under KVat -2003. my quary is that can claim the input service tax on telephone charges , coureir charges Etc.at the rate of 100% . we are using the telephone for both trading and service . if we cannot claim 100% means what is the persantage we can claim.

Dear All,

Can you tell me that whether the bsr code provided by bank is different when we deposit tds challan no.281 and through e-payment. I found that bsr code is different when i deposit the cheque with challan 281 and E-payment.

Waiting for your reply'

what is the difference between 'presume' and 'assume'....

please send exact definition of 'under taking'

I have one Dought regarding Valuation of Shares as closing Stocks. Can we Value them at Cost ?

I have few queries in Treatment of Bank Interest earned by joint holders in the below cases so please answer separately for all the cases...

Case - 1:
An assessee earns salary income & deposits it in Saving Bank A/c in which her mother is joint holder, then can we show bank interest earned during the year in her mother's return instead of assessee?

Case - 2:
If we make fixed deposits from the salary deposited in the SB A/c then can we show interest earned from such Fixed deposits during the year in her mother's return instead of assessee?

Case - 3:
If both assessee & her mother earns income & deposits in such joint Saving Bank account then what treatment should be given to bank interest earned during the year & in whom return will it be shown?

Please solve this queries in clear answers...