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Subhrajoti Ghosh
This Query has 1 replies

This Query has 1 replies

02 January 2008 at 09:26

TDS U/S 195

What is the procedure to claim back the TDS deducted by the bank on interest on NRO FIXED DEPOSIT when total taxable income does not reach the thrashold limit.

Is there any way bank can be stopped from deducting TDS by submitting form 15 G etc.

Pl advice.

Regards,

S.Ghosh


yogesh
This Query has 7 replies

This Query has 7 replies

01 January 2008 at 22:34

Regarding Vat on Photo Color labs

Respected All,
Happy New Year
I have a query regarding How vat is implemented on Color Labs.We at color Labs purchase vat paid paper and chemical from same state. sfter procesing we sell photographs.Please explain by a example how vat is calculated and how entries should be entered in books.if explain about service tax on color labs.I shall be very thankfull to you.please give answer by a example.
Once Again
Happy New Year


rakesh sharma
This Query has 7 replies

This Query has 7 replies

01 January 2008 at 20:57

SEZ & EHTP

What are the special tax benefits available to units in Special economic zone??

Are there any additional benefits which are otherwise not available to units under EHTP??

Please also elabrote on difference in benefits to SEZ Viz- a viz EHTP under ( excise, customs, income tax etc)


Regards


Pranaav P
This Query has 3 replies

This Query has 3 replies

01 January 2008 at 15:33

Applicability of STCG or LTCG Tax ?

Dear Sir,
Happy new year. I have a query regarding applicability of deemed STCG on depreciable assets.
FACTS of the case:
X Pvt Ltd have a factory building constructed in February 1990 for Rs.10 lacs on a leasehold land (rights for 99 years). The building was used for production purposes upto September 2000. Hence till A.Y.2001-02, we were allowed depreciation under I.T.Act. The closing WDV on March 2001 was Rs.6 lacs.
From 2001 the building was let out for rent and income was considered under head House Property.
In June 2007, the building was sold for Rs.30 lacs.
QUERY : Whether we can claim LTCG with indexation from 1990 on WDV, claiming the asset to be no more depreciable and as a capital asset; and also claiming that the source of income generated from the asset has changed ?
If not what should be the taxability of the case ?

Thanking you for your reply.


s.lohani
This Query has 1 replies

This Query has 1 replies

01 January 2008 at 15:07

railway concessions

are articled asst allowed concessions in railwyas.. if yes, plz give details


sameer
This Query has 4 replies

This Query has 4 replies

01 January 2008 at 15:05

C forms Submissions under MVAT

hi

please tell the form in which the quarterly C\D forms to be submitted to the department and the due date of the submission .

thanks


Srinivas
This Query has 5 replies

This Query has 5 replies

Does a CA hold up Articled clerk's certificates during the articleship period?
Please rospond to my query urgently


CA. Sameer Kashikar
This Query has 2 replies

This Query has 2 replies

01 January 2008 at 13:34

e filing of tax audit return

if we do not file acknowledgement within 15 days of filing return

and if we file late say after 1 month

what are the consequences?


Chintan Gajjar
This Query has 1 replies

This Query has 1 replies

01 January 2008 at 11:10

VAT Reg. Number

In case of a proprietorship concern suppose there are two concerns AB and CD but the proprietor is same. Vat number is alloted in the name of AB.
Can CD also use this number?

If yes please tell me the relevant extracts?


CA Sanjeev Kr Jain
This Query has 2 replies

This Query has 2 replies

Dear Friends

Service tax deptt. has imposed penalty for late deposit of service tax, whereas the tax and interest thereon was deposited before issue of SCN, I have quotated 4-5 case law for not imposing penalty in such cases

Please arrange me copy of the following circular, which is urgently required

Service Tax - F. No. 137/167/2006-CX-4 - dated October 3, 2007



Sanjeev Kumar Jain
C-2/12, Sector-11
Rohini, Delhi-110085
9811274429, 27570780,47553469






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