ABHISHEK
18 December 2008 at 12:13

e filing of return

I want to file online return of a trust.But while registration; website of income tax showing NAME error.
Is there any facility which gives me correct name & address of the pan holder?


Sandeep Rohatgi

Is it possible to demerge the business of a private limited company having negative networth .

A reputed group is also looking to engage some one having office in delhi to deal with demerger .

Kindly contact


Sandeep Rohatgi

9868705794


CA Ashutosh Kumar Mishra
18 December 2008 at 11:55

PF contribution

WHAT IS THE maxium contribution from employer & employee as per pf act.


Vivek Khanna
18 December 2008 at 11:51

Section 45 (1A)

I am writing down a pratical problem :-


(i) Opening WDV of Machinery on 01.04.2005 : 1300552/-

(ii) Assets destroyed due to fire & Insurance Claim received on
On 01.10.2005 : 5540639/-

(iii) New Machinery purchased after 01.10.2005 to 31.03.2006 : 6464630/-


Due to fire the whole machinery was not destroyed and few machinery was left intact after fire. What will be my WDV on 31.03.2006? Also whether any STCG will be levied as I have purchased machinery after receiving the Insurance claim? Whether the block will be counted at the end of the year?


Ca Vaneet Gupta
18 December 2008 at 11:47

Fund Transfer

my co. has to receive a fix amount from various defined customers on particular day of each month. i want to bring a procedure whereby i enter in to a agreement with my customers for transfer of the fix amount from their bank account to my co.'s account by giving standing instructions to the bank. Is it possible? Please define the procedure...


RAMESH BABU
18 December 2008 at 11:23

TDS on purchases

Sir,

Our organisation purchesed material from open tender as per our specification the same material will be utilised at other similar type of organisations and the same supplier supplied the same material to the other ultilisers also) further ownership of such material not transfered till to receipt of material at our premises.

there is no work involvement at all.

now the income tax authorities issued a notice for personal hearing on "why you are not making of TDS on your purchases"

kindly clarify whether these purchases are attact the TDS provisions and also request to name the any circular in favour of our argument.

yours faithfully

G Ramesh babu


CA Amit Jaiswal
18 December 2008 at 11:21

TDS- incase of delay deposit

Delayed payment of TDS attracts Interest @ 1% pm.
But how can this be presented in the return of TDS for the subsequent quarter.


CA Praveen Chopra
18 December 2008 at 10:56

Invoice in dollar

Is there any problem if an indian company raises invoice in foreign currency to an indian company for the service rendered in india.


Mukesh Kumar Tiwari

As per Sec-372A, A public limited company can not make investment exceed the prescribed limit under that section.
Can it possible that a public limited company invest 100 % of Paid up capital in another company by passing special resolution in EGM ?
Please site suitable case laws, if any,in reference of this provision.
If there any difference if investee company is infrasture company or Pvt. lmited ?


K V RAMA MOHAN RAO
18 December 2008 at 10:31

80C deductions

NSC prurchased in the name of spouse or minor daughter can be included under 80c deductions or not ?





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