My question is : our company is in Infrastructure business and presently doing BOT Project i.e. Raod work it will take 2 years to complete the contract and thereafter toll tax will be charged as income for another 10 years. How the income will be determined and what will be the income tax liability. Please expain and refer the concern section of IT act.

Please suggest book for all subjects of CA Final(New Course).

I am an Executive in software export company, can any one tell me which amount we have to fill in softex form, also have facing a problem in realisation, many of our client make their payment through credit card,but we received payment in account after deduction of charges around 3 USD,but we send invoice to client with amount of Purchase Order we received from them,for example if i get work order of 100 usd , i will get around 97 USD, in my account, then how i can realise invoice of 100 USD, with receiving of 97 USD,as Realisation is based on Invoice amount. please give me solution, if any one know.

Dear Sir,

is it permissible to use ICAI Logo watermark on our letter heads and visiting cards?

Regards,
CA Gaurav P. Barai

Respected, i have to file ROC Return for a liasion office in india. I have to file Form 52 for the company. i just want to know that what i have to attached with form beside audit balance sheet as on 31.03.09 of india. Should i have to attached balance sheet of head office of singapore? is it mandatory ? and what is the last date of filing of Form - 52?

Hello to all,
I want to know the implication of amendment in Sec 50C which is effective from 01.10.2009. according to the amendment in section, it is being provided that in case of unregistered transactions, whether the stamp duty is assessed or assessable, the provisions of section 50C would apply.
so, if i baught a flat in 2006 and not registered valuaing 10 lacs, now i registered it with a stamp value of Rs. 25 lacs, so what should be my cost Rs. 10 or 25 Lacs.

Can anyone pls share with me a detailed note on how to determine associated enterprises for the purpose of transfer pricing?

If X Pvt. Ltd. has a WOS Y Ltd. in australia and there are transactions between the two, TP would become applicable.

In case, Y Ltd. enters into a JV say Z Ltd. with another company in australia and holds 35% share and there are transactions between X Pvt. Ltd and the JV company Z Ltd. what will be the criteria to determine whether TP becomes applicable to the transactions between the two?

Sorry to bring up the query again. I am confused by divergent views read in various forums.

I have for reference the decision of Delhi HC in in CIT v. Orissa Cement Ltd. [2001] 250 ITR 846/118 Taxman 449. As I understand TDS is to be made for sitting fees. Is there any other case law overriding this?

What is the legal/judicial position as many big corporates do deduct TDS from Sitting Fees paid.

Regards

Raman

Hello

A company has paid advance salary to its employees. Should TDS be deducted on the same.

Further, is advance salary allowable expenditure in the year of payment for the company.

Regards,
Jyoti

Hi all,
Which are the best classes for Direct Taxes ? My attempt is in May 2010. (CA Final New Course). Are Kalpesh Classes the best for teaching & notes and do they give guarantee for completion of portion in time ? In Andheri where are they located (Near Station )?