what is the procedure to be followed by an indian subsidary company(pvt)ltd when it receives a inward remittance from its foreign company towards shares.(under companies act and fema)

Suppose i am calculating my income under Section 44AF, Whether the deduction under chapter VI will be available for me while calculating my taxable income

one of the conditions of sec 10B is repartriation of sale proceeds to india in 6 months. but in case of a indian subsidiary(software developers) who transfers all the software developed to its foreign parent company who in turn sells it to outsiders, there wont be any repartriation of sale proceeds. in this case will sec 10B apply here.
the subsidiary company gets money from parent company towards expenditure
secondly is it correct to book income by applying transfer price methods

In a newly set up industry, there are two women employees and one man employee. Each of them are drawing a salary of Rs. 15000 p.m. The man assessee has requested to the co. not to deduct tax as he will invest the required amount under section 80C. I want to know whether the Tax from salary of the assessee is to be deducted and form 24Q to be filed.
Futher if the man assessee gets Rs. 12500 p.m. then form 24Q to be filed or not. Please answer.

please can anybody define me good transport agency(GTA)

MEANS HE SHOULD OWN THE VEHICLES AND HOW SHOULD THESE AGENCE SHOULD BE INCORPORATED,

REGARDS

SIMA

I have Medical Reimbursement Allowances of Rs.15000/- in my pay package.however i claimed only 13000/-from employer by submitting bills.for the balance 2000/- alos i have bill but i forgot produce to my employer.my employer recovered the tax on that Rs.2000/-also Now can i show that 2000/- in my return to as medical expenses to reduce my tax liability and get the refund.
Can any one suggest me

I declared less rent paid amount to my employer,on that basis my employer recovered the TDS.Now while filing the Incoem tax return can i claim my the actual which i did not tell to my employer.
For that is there any proofs i need to submit to the Department

We are planning to expand our existing plant. My querry is CEnvat credit would be available to us for the followings:

1. Capital Goods Purchased
2. Civil construction material
3. Cenvat credit for service tax to be payable for Design Consultancy,Landscape consultancy and Project management consultancy.

Thanks in advance.

Dear

In current year my party raised invoice to me for year 2004.(in 2004 party raised short invoice to me)
If i paid this invoice this year can i get service tax setoff this year.
Please clarify

Thanks

Nilesh

if this is within 3 years than

As per recent provisions of the Central Excise Act, wherein certain specified articles are to be taxed on the basis of the maximum retail price and not the wholesale price.
so, If goods are sold at different wholesale prices to different classes of buyer, can wholesale prices be more than its assessable value?