My client (NRI Individual) had invested in NCDs of a reputed company through his NRE Funds in 1994. As per the order of the High court he has to receive some interest. The interest is being given to him after deduction of tax. However,my client does not have any income in india and is not being assessed to tax here. Moreover since he has invested through his NRE Funds the company cannot deduct TDS. On speaking to the company they have asked to submit form available for NRI's for non deduction of tax which is issued by Income tax authorities. Please advise.

A pensioner receiving pension from SBI has been regularly filing his returns in Ranchi. However, this year he is in Mumbai. Is there any provision where a pensioner can file his tax returns anywhere in India? If not does he have to go back to Ranchi and file his IT Returns, can he not file in salary ward at Bandra-Kurla Complex in Mumbai his ITR for the year ending 31.03.2008?

Company have purchased truck for suppy of our goods to customers thru EMI payments can we claim input tax credit on this purchase of truck.

Is is necessary to quote sections of law at the time of writing answers in examination.
If we have not metioned the sections due to misunderstanding condition, can we get the full mark or only passing mark.

Advise please

Whether commission paid on export sales paid in foreign currency abroad will be treated as income deemed to accrue outside india

Question

Hello to all , I have a query which is as follows

"from where i can get the form 'c'
and
if we buy goods within a chd state and i have a bill of the party from where i Buy good but no tin no. is to be mentioned then is it useful for input tax credit or Not"

Sir,

We are a Mfg. company and I have one questions on TDS
Whether Travelling Agency is cover in 194C and under sale goods act which is main business of air ticketing in inland or foreign

Please reply urgently.

Thanks & Regards,

Pradeep

Sir, Can a chartered accountant start a website for extending his esteemed services? Is it against the code of ethics? If yes kindly give me an answer quoting the provisions of C.A. Act and any other relevant matter.
Also include the advertising criteria for a Chartered Accountant. Kindly Send reply to josephjoy111@gmail.com.

Dear Sir,

We are a software company. our staff use to travel abroad as per our client's requirements. Subsequently they make the reimbursement of travel exp actually authorised by them.

So at the end of the year we have only few foreign travel exp left in this ledger as most of them are being reimbursed & hence foreign travel exp in our PL is shown as net figure.

Can u clarify, while calculating FBT whether we should take the gross or net foreign travel expenses ?

Thanks & Regards

Subhash Kumar Jha

Hello members,


Can a company - manufacturing avail credit on audit fees and security chargeds


Thanx in advance
Tejashwini