Income Tax QnA - Page No 25435

All Resolved Open

CA Devin

07 January 2009 at 18:32

TDS Applicability on credit card payments

query is regarding Deduction of tax at source on payments made through credit cards or direct debit through internet by the vendor.

1. Whether TDS can be deducted through issue of debit note to the party in case payment is made in INR.
2. If the payment is made in USD does TDS liabilty arise taking in to consideration the DTAA with USA & if what mode should be followed for deduction of tax at source.

Rajpreet Singh

07 January 2009 at 18:02

Classification of Asset as building or machinery

Dear Sir,
Oil Storage Tanks whether these can be classified as Plant & Machinery and 15% depreciation can be taken on it?? or it is Building eligible for 10% depreciation. Please clarify?

Amit J

07 January 2009 at 17:23

Misplace of C form

Hi,

If C form misplace by courier company or Post office at the time of transit, how can we get or what will be precedure to get same or new c form by sales tax department?

Regards,

J Amit

charudatta

07 January 2009 at 16:55

Service Tax on GTA

On which freight charges GTA is liable.(Inward, outward or both)?

girishbr

07 January 2009 at 16:48

management of a private limited company

can a private limited company borrow or raise loans from its directors of the company or from any financial institutions ?

Md. Safi Baig

07 January 2009 at 16:41

miscellaneous expenses

what are miscellaneous expenses? is there a certain percentage of turnover allowed as miscellaneous expenses which a company can incur?

Vamshi

07 January 2009 at 15:59

Pursuing CA Course if a candidate is already a CS

Hi,

Can CS qualified guy pursue CA course. Is there any rule which prohibits him/her to study the course when already he/she is a qualified CS. And also can you please let me know for how many hours a day an article student can work if he/she qualifies IPCC.

Thanks and Regards,
Vamshi