Income Tax QnA [Resolved]

All Resolved Open

rahul

This Query has 2 replies

31 August 2007 at 14:49

tds on freight inward and freight outward

What is the liability of co. in regard service tax and tds on freight inward and freight outward.

rahul

This Query has 3 replies

31 August 2007 at 14:44

tds on payment to transpoters

if a co. paid freight to transporters on behalf of another co. then the co who made payment to transporter is liable to deduct tds.

Shashwat Shekhar

This Query has 10 replies

31 August 2007 at 13:50

job Change

Hi all.
I need your valuable opinion.
You join a Company as a CA fresher and leave the job in less than 6 months, how it is going to have an impact on your career??

Hardik

This Query has 2 replies

31 August 2007 at 12:01

works contract

Sir can you tell me how to apply for to opt the 2% composit scheme in works contract. Because here even authorities are not avare about the same.

Harvinder singh

This Query has 3 replies

31 August 2007 at 11:21

FInance related query

For which purpose, Forex reserve is used?

Harvinder singh

F-Greena

This Query has 6 replies

31 August 2007 at 10:32

Illustrative book on IFRS and UGAAP

Please sugeest good book

Sunil

This Query has 3 replies

31 August 2007 at 10:20

i want ot know from where exactly we have to calculate 8 kms for the purpose of calulating cpaital gains in respect of agriculture land

please provide me the notification in respect of urban areas notified by the govt

venkithari

This Query has 1 replies

30 August 2007 at 20:36

income tax Act

Does Sec 40A(3) apply to acquisition of fixed assets on which depreciation is claimed.

Cost of the asset is not climed as expenses but only the depreciation is claimed.In such a case what should be reported in tax audit report.

In Taxman's ready reckoner 2008-09,in Page A-109 in para 49.3.3 it is mentioned that Sec.40A(3) is applicable if an assessee purchases a depreciable asset.

Kindly clarify.

venkithari

This Query has 1 replies

30 August 2007 at 20:35

Fringe benefit tax

An assessee has incurred car expenses of Rs.40000/- in cash and disallowance is made as per the provisions of Sec40A(3).
Should FBT be paid on this amount or not?

Experts opinion is sought.