Easy Office


n murali
16 July 2007 at 07:04

incometax settlement commission

the cases pending before incometax settlement commisssion shall be complied with payment of tax and interest thereon in respect additional income disclosed in the application on or before 31.7.2007 to see the application is further proceded with and to avoid abatement. the reliable information is the pendency is too large that the pending application is unlikely to be settled by 31.03.2008,the deadline imposed in finance act 2007. the non completion shall again would result in abatement of the case as if no application is filed. is there any remedy to avoid such abatement after payment of taxes and interest by 31.7.07


Anil Sharma
16 July 2007 at 06:24

tds on service tax

OUR PROFESSIONAL BILL INCLUDE SERVICE TAX WHICH IS OUR LIABILITY ON WHICH AMOUNT TDS SHOULD BE DEDUCTED NET OR GROSS INCLUDING SERVICE TAX


SHEEJITH
16 July 2007 at 03:27

foreign contribution

The FC Was received through designated bank account and the amount was deposited in Mutual Fund through issuing cheque from the designated bank account. this was done for the purpose of income generation. whether there is any violation ?. Where shall we show this deposit in FORM FC 3


Kishan L. Agarwal

Whether the provisions relating to restriction on transfer of immovable property u/s 230A in form no.34A are still applicable or withdrawn?


Mihir
16 July 2007 at 02:16

Maturity of LIC


SHEEJITH
16 July 2007 at 01:56

foreign contribution

is there any violation of foreign contribution act if a charitable institution deposited the foreign contribution received in FD with Private Finance companies.


Ajay Chaudhary
16 July 2007 at 01:27

efiling problems

While registering at the IT Dept. site for efiling which DOB should be used for HUF assessee. DOB is compulsory for registering at IT Dept. site. In ITR-2 form, we need to put 31/03/2007 as DOB for HUF assessee.


sunil
16 July 2007 at 00:47

freight on export shipment

sir/ma'm

sir in many case i have seen that the exporter recovers lesser freight from buyer than it actually pays to the CHA.
whether it is a correct practice in view that it directly effect the FOB value as FOB is increased & thus extra export incentives are received.
whether FEMA permits such contracts to recover lesser payment on account of freight??


Ahmed

IN ANDAMAN & NICOBAR THE GOVT OF INDIA HAS GIVEN A INTEREST WAIVER FOR LOANS/OD ABOVE RS. 2.00 LAKHS FOR THREE YEARS AND LOAN WRITEOFFS FOR LOANS BELOW 2.00 LAKHS.

PLEASE LET ME KNOW THE TAX TREATMENT TO BE GIVEN FOR THE INTEREST WAIVER AND WITEOFFS OF LOANS.

THE ABOVE BENEFIT IS GIVEN FOR TSUNAMI AFFECT TO ALL THE BUSINESS LOANS/ OD. 2/3RD OF THE BURDEN WILL BE BORNE BY GOI AND 1/3RD BY INDIAN BANKING ASSOCIATION.


CA. S.B.Shah
15 July 2007 at 07:07

"BANK empanelment 2007-08"

Respected sir,
kindly solve the query related to uploading of MEF form:
since last two years our mef application number remain same but from this year we have found changed new mef application number !! why it is so? Is earlier form for two yrs purpose and now altogether changed? similarly from this year we don't get/find existing data as appeared in last application!! is it true this is fresh form which remove last data as well as repeated applicaion number or else, pl. guide?