sir

1. Our client had begin to provide service to a Developer of SEZ before getting the approval of Board of Approval. During our service providng period the developer got the approval.

2. Department disallowed the claim of exemption under notification No.4/2004 on the ground that the developer has no approval at the time of rendering the service.

Pls clarify the issue. Is the department view is true?

The assessee is a limited company and incurred huge foreign exchange loss on purchase of raw materials in the year 2002-03.Is it required the above loss to be considered for valuation of the raw material for calculation of proft/loss under income tax act 1961.Kindly give emphasis on Judicial case law under income tax act.

Whether the agreement execution date can be before the purchase date of Stamp paper.

For eg. Agreement Execution Date is 27th August 2007.
Stamp Paper purchase date is 31 st August 2007.

Is it valid?

my co. has given cars to dealers as incentives worth rs.1.17 crore. whether the same is liable to fbt

Hi,

Distribution of Diary to Customers will attract FBT?

If yes under which head?

if the diary is with company logo does it make a difference.

kindly clarify.

Thanks and Regards
Nithya

An order for painting is given to a painter and 5 paintings are drawn by the painter. The total invoice is for Rs.90000/- Whether TDS rate will be applied as per the rate of contractor or Professional?
Is there any CBDT circular? If any, I want the Circular Number.
Thank you.

can a salaried person avail deduction from income tax if he is not receiving house rent allowance from employer. if yes then under which section and what document he should be produce.

sir
1. Is it posibile to convert a partnership firm in to a ltd copmany.

2. If it possbile is the new comany can legally claim the experience and goodwill of the partnership firms provided all partners become the member of the compnay and managing partner became the managing director of the proposed company.

3. If the partnership firm is take over by an existing company is it posibile to claim the experience of the partnership firm provided some partners already the member of the company and managing partner is also the managing director of the company. After take over all partners become the member of the company.

4. The issue of claiming experience is arised due to the partnership firm is doing contract business so previous experience is a critical factor in bidding.

Whether the agreement execution date can be before the purchase date of Stamp paper.

For eg. Agreement Execution Date is 27th August 2007.
Stamp Paper purchase date is 31 st August 2007.

Is it valid?

In hospitalaity industries, both service tax and luxury tax is applicable.
my qurey is,

many no. of services of hotel is covered under service tax, and hotels are paying service tax.

from august luxury tax is also applicable in haryana.

now hotels are paying luxury tax also on services provided by hotel.


in my openion its a double tax on single service.

have you any clarification ?

pls provide me.



Thanks