Income of a co-operative society engaged in certain specific business activities such as providing banking or credit facilities to its members, cottage industry and others...., is fully deductible.
However, the provision of this sction shall not apply to any cooperative bank other than a primary agricultural credit society or a primary cooperative agricultural and rural development bank.
Is benefit of this section available to Cooperative credit society engaged in providing banking or credit facilities to its members?
Sir,
One of my Clients who is a non resident in UAE has sold goods to Indian Company for 15 million dollors.and now the company wants to make payment for the same.
My Question is that will tax be deducted for the payment of goods and if so which section is attracted.. Also if there are any RBI Regulations of the same.
Thank you.
dear collegues,
my client earned salary income in nepal. the company he was working
deduct tds in nepal and remit it to the revenue dept. of nepal.the
income shown is in nepale rupees. the assessee has status of non
resident as per sec. 6. now the question arises
1) how we will proove that the assessee was in nepal for days when
there is no restriction of to and fro from nepal for residential status.
2) how we will show the nepale rupees income in india for filing the
return income in india i.e what will be conversion rate for 31.3.2006
& 31.3.2007.
regards
ca man mohan modi
If the net wealth of the parents are same amount in whose hands the minors net wealth should be included under the wealth tax act,1956.
Dear Sir,
The TDS has to be deducted towards Income from Salary from the employees before February-2009 end so that burden will not fall on March-2009.
In this regard could you please send Form 16 in Excel Sheet format for the financial year 2008 - 09.
My mail-id's are sramadasu@nukg.com; sramadasu@gmail.com
regards
Sai Ramadasu
Hi all
There was a link on the official notification for the June 2009 CA Final exams saying that we can apply online on http://icaiexam.icai.org/
Could anyone please let me know what are the requirements to apply online (things I need to keep ready). I stay in Kuwait and was thinking of going to Dubai to apply for the exam. It would help me a lot if I could apply online from here itself.
Thanks & Regards
Pavan
hi,
How long can a Limited company keep share application money in its books without allotment?
Can this money be used by the company for meeting its expenses
Pls help me
ST Registration for Proprietorship Concern, Registration made by Proprietor or concern name. Because PAN was in a Name of Proprietor.
Hi,
I am not from the tax or related profession, but need help from expert.
Purchased House Injoint Name with my wife(Not Working):
on 31st March 2007 @ 4.5 LACS Value.
Now Selling it now in Feb 2009 @ 7 lacs
How should I calculate short term capital gain which I am supposed to show on my IT return.
Thanks in Advance
Chetan
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
IDT LIVE Exam Oriented Batch | May 2026, Sept 2026 & Jan 2027
Deduction U/s. 80P to Co-operative Societies