SEZ unit is Pvt.Ltd. company engaged in the business of exports of goods. Unit Wants to declare dividend to promotors.

Is SEZ unit exempt from paying Dividend Distribution Tax under section 115-O of the Income tax Act,1961

SEZ unit earns interest income on FDR kept with bank- FDR funded by the partners of the Firm. FDR is kept as collateral security for export credit loan taken from the bank.

During the year firm earns income from business of exports Rs. 10.00 Lakh and also earns interest on FDR Rs. 2.00 Lakh.Thus, total income is Rs.12.00 Lakh.

What amount unit will get deduction under section 10A of the Act.

Please give reply if possible with citation of treating interest income as eligble for deduction under section 10A

Suppose if i am deducting tds of one of my employee on 4th of December on his salary. My question is that: Am i obliged to pay his amount of tds while making payment for the month of November ? Or i will have to pay it when i pay for the month of December. If the answer is November, then what if i pay my employee on 8th of next month (7th being the last day of payment of TDS)... ???
Please help...

When goods are imported value of goods is ascertained as per the exchange rate as specified in the Bill Of Entry document for the computation of customs duty. But at the time of accounting for such inventory which exchange rate shall be taken - exchg rate based on the RBI reference rate on the date on which bill of entry was filed or the exchg rate as specified in the Bill of Entry document. Please give supportings (case laws/ acts) in regard your answers.

Dear All CAs

Pl Help me On Min. CPA hours For Non Practiscing CA & Practiscing CA

Thanks

has our icai issued any institute which prohibits transfer in articleship? If yes, what does it say?

If the icai issues such circular, it shall mean that the MITs shall be given more power(all mit are not like that) to threaten, coerce students in the name of articleship.

when i had emailed BOS a week back abt this, a reply had come "A CA student is EXPECTED TO complete articleship under ONE CA, but can take transer in mutual consent".

Is filing of IT return mandatory for assessee individual having Total Income below the Taxable Limit?

wHAT, IF THE RETURNS WERE FILED AND tAXES PAID IN THE EARLIER ASSESSMENT years?

tHANK u

i want to know about interest on house property loan

i borrowed a loan of
Rs. 1400000 as on 1/8/2008

i paid interest Rs 80000 (approx)
I paid principal Rs. 15000 (approx)

possession is taken as on 28/2/2009

weheter all the amount of int. of Rs. 80000 an principle of Rs. 15000 can be taken as a deduction?

sir,

If we have paid Cash Advance around 50 Thousand to one of our Director's any resolution to be passed?

pl. breif if complications

I want to register a private limited company with the authorised capital of Rs.500000. I got the fees from one CA is as follows.
DIN : 4500[1500*3]
DSC : 2500
ROC : 17000
other fees : 3000
Professional fee: 15000

Please Advice me whether this fee is according to MCA ?

Thanking you
Anil Jacob