Income Tax queries [35824]

All Resolved Open

18 April 2009 at 14:40

TDS RATE FOR FINANCIAL YEAR 2009-10

SIR,

WHAT IS THE CURRENT YEAR TDS RATE FOR FINANCIALYEAR-2009-10 ASSESSMENT YEAR 2010-11
PLEASE TELL ME SIR

Shashi Kumar C.G.

18 April 2009 at 14:35

Classification of Head

If we purchase bed, bedsheets, pillow, towels etc for a service apartment worth Rs.40000/-. My query is whether we should treat this as revenue exp. or capital exp. and why? Under which head?

Shashi Kumar C.G.

18 April 2009 at 14:34

Classification of Head

If we purchase bed, bedsheets, pillow, towels etc for a service apartment worth Rs.40000/-. My query is whether we should treat this as revenue exp. or capital exp. and why? Under which head?

CA.Ritu Agarwal

18 April 2009 at 14:32

AS-2

RAW MATERIAL VALUED AT COST AND FINISHED AND WIP VALUED AT LOWER OF COST OR MARKET PRICE. CAN THE COMPANY DO SO.
PLEASE ANSWER

Namitha

18 April 2009 at 14:15

Tan Wrongly enterred in TDS Challan by the Bank.

Sir,
Please give me a quick reply as i require to correct it as soon as possible.

Kamal Jha

18 April 2009 at 14:05

Dear sir,
how much distance stands extended under the Indian territorial waters, 12 nautical miles or 200? (as applicable for the current A.Y.), for the purpose of Excise. with reference to case-'ABAN LOYD CHILES OFFSHORE Ltd.' 2008, Supreme court considred 200 nautical miles as under indian territorial waters.

BANDARI

18 April 2009 at 13:59

Termination of Articles

Dear Professional Couligue,

My friend has taken termination on 6th april of this year he has not yet joined in another firm.
he is going to join in another firm in the next week.
is this transfer will be valid
other wise what he has to be done
please advice me

Phanindra Susarla

18 April 2009 at 13:58

Exemption of taxes

Dear Sir

Is excise duty and sales tax exempted in uttaranchal?

if we sell goods from andhra pradesh to uttaranchal do we need to charge excise duty and sales tax or it is exempted for the sales made to uttaranchal?

Regards

Phanindra

Phanindra Susarla

18 April 2009 at 13:52

Cenvat Credit on Imports

Presently we are clearing our goods by paying customs duty at hyderabad for the imports made by the company. due to increase in logistics cost we want to pay customs duty at chennai and clear the goods at chennai itself.

Will the shift of clearance of goods from hyderabad to chennai has any affect on cenvat credit on imports availed by the company.