b.s.gokul
06 December 2008 at 17:47

doubt on sec 43B

can any one help me in explainig in short about section 43B.


Geeta
06 December 2008 at 17:45

269 itr 50 (2004) Girdhari lal v. CIT

hi.......

is anybody is having it, then pls forward d same to me


Parikshit Menon
06 December 2008 at 16:53

Exchange rate

Hi,
Can anyone tell me where can i find the "average exchange rate of the US Dollar against the Rupee" for F.Y. 2007-08?
I scanned sites such as rbi.org.in and that of fedai but did not get the average rate.
Pls throw some light into this matter.


Gopinath.C.S

Dear Experts,

Request you all please give me sugession on the follwoing.

1). We are a Private Limited Company having Registered office at Bangalore in Karnataka and recently we got a construction contract in Tamil Nadu State.

here is my doubt. Eventhough we are registed under Central Sales Tax Act, is it necessary to register under Tamil Nadu Vat Tax Act, for completion of the Contract in Tamil Nadu ( The Period of Construction may be 3 years).

With Regards
Gopinath.


santosh

can any body provide me the main objectives for the garment business and for Agro oils extracting business and my mail ID is santoshambaty@gmail.com please


minu

A partnership firm is converted in to a private limited company in february. It had paid advance tax for income tax and FBT. It has filed separate returns for firm and company. The firm has refund of Rs. 8 lacs and the company has tax liability of 11 lacs. Can company get set off for 8 lacs against 11 lacs? Under which section?


minu

A partnership firm is converted in to a private limited company in february. It had paid advance tax for income tax and FBT. It has filed separate returns for firm and company. The firm has refund of Rs. 8 lacs and the company has tax liability of 11 lacs. Can company get set off for 8 lacs against 11 lacs? Under which section?


Kaushal Mittal
06 December 2008 at 15:32

itr 6 of income tax

is there any relation in agm date and filling of return of income tax date. what will happen if we dont filled upto due date.


CA CS Akashdeep Singh
06 December 2008 at 15:27

Queries relating to Section 88E and 115JB

Sir

One of my client(X Ltd.) has a business income from taxable security transaction. Current issue is relating to Sec 115 JB and Sec 88E.

Facts

In Sec 115JB, if "tax on total income" is less than 10% of book profit, then 10% of book profit shall be treated as tax which he has to pay.

In Sec 88E, if any individual has a business income from taxable security transaction, STT paid by him is allowable as deduction from tax on total income


Issue

In Sec 115JB, which "tax on income" is taken to compare with 10% of book profit?

Solution: tax after or before deduction u/s 88E

Regards

Akashdeep Singh



Reply to

Mr. Tilak Raj Sharma
Sec 88E using the word "assesse", which means it includes company

CA.B.Chackrapani Warrier
Yes i rectify my question after informing by you because i am not registered as expert, so it is not possible for me to ask corrected question in same message. If you know the answer, then understand Me


Rakesh
06 December 2008 at 15:24

DEPB information

Can eny one please suggest in simple term what is mean by DEPB in export sence ?????

& what is procedure of receveing DEPB lisence Customs






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