DEAR SIR,
MY QUERY IS THAT WHETHER A COMPANY CAN TAKE UNSECURED LOAN FROM DIRECTOR EVEN THOUGH HE IS NOT A SHAREHOLDER OF A COMPANY
Regards
Ravi Konda
Dear Sir,
Our Company has purchased furniture and given on rent to our sister concern
My query is the rent from furniture which we receive should be shown under income from house property of income from other sources and can we claim depreciation on furniture in both cases
Regards
Ravi Konda
Dear Sir,
Our Company is into developing and Leasing of Properties
My company developed a factory building on 99 years Leased Land and given on Rent to our sister concern which is into manufacturing of Tools Dies and Punches for pharmaceutical company the income which is arrived by way of rent will be treated as income from House property or income from business profession
Regards
Ravi Konda
One of my Indian Resident client received Gift from third party NRI of SBI Millenium Bond in April, 2005. In scrutiny of his file for A. Y. 2006 - 2007 can ITO treat the same as taxable u/s 56 ( 2 ) ( v ) without considering the same being the gift in kind ?
My client is employed with TCS in US. They have been paying his salary and deducting tds in USD. My client has filed his W-2 (ITR in US). He left TCS in Aug 07 and TCS gave him a salary certificate in INR.
My client files his ITR regularly in India. How and to what extent do i claim the double taxation benefit in his ITR? Do i have to apply any conversion rate to convert the tds paid in USD to INR? Is there a formula for claiming this benefit and under what section? How will his total income in INR be computed in such a case?
Sir,
Kindly clarify my doubt
Any Expenditure incurred in the nature of fixed asset shoud be capitalised, but what should be the minimum value of the expenditure to capitalise.
is there any circular or is there any note in the as-10.please confirm me
Thanks and
regards
Bandari.
Dear Sir,
i am running a Steel tube cutting & threading business. I have installed a SSI unit and work of our unit is Cutting the long size pipe in stall picess (eg. 1", 2", 3", 4" .... etc.) and threaded these also. these goods are used in house for flow the water to various places eg. Kitchen, Bathroom, etc. and another pipe also produce in this unit (size 2.5 feet) which are use in agriculture. so please advise, Excise duty is applicable or not. if applicable than clear the limit of exemption. if Not applicable than please provide notification or case judgement related the same.
Please mail on the address : toyacy@rediffmail.com
Thanking you.
yours truly,
Prashant Kumar
if a co-operative society (which provides credit failities to members) deposit its funds with another nationalised bank & receive interest on it, can the society claim deduction u/s 80P in respect of this interest
Dear all pls confirm event managemnt services are Professional services or contracting services? THIS IS FOR THE PURPOSE OF TDS MEANS AT WHAT RATE TDS SHOULD BE DEDUCTED BY OTHERS ON OUR INCOME IF WE ARE PROVIDING EVENT MANAGEMENT SERVICES . AT THE RATE OF 2% OR AT THE RATE OF 10%
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