Income Tax QnA - Page No 26634

All Resolved Open

Raju

22 November 2007 at 19:36

NRI Gift Tax

Dear All,

Good Evening

have one doubt to clarify,

If i get money ( check ) from NRI - non relative, is it tax exempted or taxable in the hands of receiver ?

mail me pls. raju_osnn@yahoo.co.in

Hope to hear from you soon.

Thanks & Regards,

Raju.

Vijay Budhwani

22 November 2007 at 16:57

VAT on hire of Movable Asset

Dear Members,
Kindly ignore the previous one.
One of our clients wants to purchase machinery and transfer the same to other party on lease. Kindly advice on the VAT implications i.e. VAT will be charged at what rate and schedule entry if any.

Kindly do the needful

RAMNATH.R

22 November 2007 at 16:21

Applicability

Does a Software Import thru a Download from Internet attracts custom Duty...

Prateek Biyani

22 November 2007 at 16:19

revenue stamp

What is the use of revenue stamp to be affixed on the vouchers amounting more than 5000/- ? is there any other criteria of requirement of revenue stamp ? Is it compulsory to affix revenue stamp on each voucher exceeding Rs.5000/- or there is any other provision.

Prateek Biyani

22 November 2007 at 16:14

trade-investment

What do you mean by trade and non-trade investment ? Investments by a firm in shares of other companies is a trade investment or not ? Explain with example.

Prateek Biyani

22 November 2007 at 16:13

net worth of a company

What do you mean by 'net worth of a company' ? Is it includes only equity share capital or preference share capital also.

Hitendra K. Agrawal

22 November 2007 at 15:57

Urgent requirements

What to do for finding the case laws.I wnat to know the site on which I can see the facts and it's decision.

CCE vs. Team UPD Ltd.(2005)179 ELT 469 (T)

Vidya

22 November 2007 at 15:15

FBT on ESOP

How to get the valaution done by SEBI listed Merchant banker for unlisted shares of foreign company.
List of SEBI listed merchant banker with their office in USA.
Is their a guildlines for FMV valuation.

Regards
Vidya