Hello Professionals,
USA based company selling shares(purchased few years back of Indian Co.) to indian registered trust,arising LTCG.
Q1-How to compute LTCG?
Q2-Rate of tax on LTCG?
Q3-Would be there any applicability of withholding(TDS) tax,if any then in which section & how much?
Q4-Provision of DTAA of USA would be applicable?then how much would be taxable amount?
Very-very urgent plz reply soon(posting 4th time)
Dear Members,
Person working as an employee but his TDS is deducted u/s 194J i.e fee for professional and technical services.
Now i want to file return whether his income has to be taken under Salary Head or Business/Profession.
Thanks....
sir I would like to enquire that if there are any ammendments in the chapters like Bonus Act,Gratuity ,Negotiable Instruments Act ,EPF, Contract Act respectively.(Apart from Companies Act).
what will be effect on deferred tax or deferred tax calculation accounting treatment while adjustments of the depreciation to reserve as per the requirements of companies act 2013 relevant section read with schedule 2 of the act
Under service tax reversal concept if in labour work service provider charge 100% then what are the consequences?? then also service receiver want to charge 25%??
Hi friends i have a query- As per the provision of Section 48 a particular class of shareholders can vary the rights with the consent of 3/4th members in writing or through Special Resolution passed in the meeting.
However as per Rule 4(3) of Equity shares with differential rights, the company shall not convert its existing equity share capital with voting rights into equity share capital carrying differential voting rights and vice versa.
My question is that doesnt the two statements contradict as section 48 says any right can be varied and rule 4(3) says that differential voting rights cant be varied
Dear Experts
I have a client and he is doing fabrication job work for a Branded Readymade Garments Firm.
Now I would like to know that, Is service Tax applicable him or not. Because company is deduction TDS on my client u/s 194c (Contractior/sub-contractor)
His receipts for the last year is more than Rs. 60 Lacs.
Please guide about financial management😔 how to deal with derivatives? Is it difficult?? I haven't done any coaching for this subject as i always do self study. I can manage other topics but what to with derivatives???
I have filed belated return of AY 2013-14 (Efiling) on 12 aug 2014. The amount of deduction u/s 80TTA of Rs 1100 have been wrongly entered u/s 80U by mistake. How to correct this mistake in case of belated return? ? Thanks
Please advice me whether VAT/Service Tax applicable on following ecommerce transactions:
If MRP of the product including all taxes is Rs. 10000/-
SHipping Charges (delivery Charges) Rs 100
Cash On Delivery Charges (COD) Rs 50
Please advice Which how much tax will be applicable on Rs 10000/- 100/- & Rs 50/-
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Non- resident company selling shares (taxability)