reachsridar
14 February 2008 at 09:14

applicability of MAT

our client is located in a special economic zone, as per changes in mat, sez companies should have to pay tax on entire book profit @ 10% without allowing for deduction for income under section 10A Whether it is right? please explain about new changes & applicability of mat in special economic zone


reachsridar
14 February 2008 at 09:11

applicability of MAT

our client is located in a special economic zone, as per changes in mat, sez companies should have to pay tax on entire book profit @ 10% without allowing for deduction for income under section 10A Whether it is right? please explain about new changes & applicability of mat in special economic zone


reachsridar
13 February 2008 at 20:02

applicability of MAT

our client is located in a special economic zone, as per changes in mat, sez companies should have to pay tax on entire book profit @ 10% without allowing for deduction for income under section 10A

Whether it is right? please explain about new changes & applicability of mat in special economic zone


Ca. Alok Gupta
13 February 2008 at 18:36

transfer of stock

is there any tax on trf of stock in trade by private ltd co to other pvt ltd co in consideration of share purchase.
and is there any stamp duty attract or not.


Subbaiya
13 February 2008 at 17:30

80 C deduction

Hi, does the term insurance plan of LIC qualify for 80C deduction

Regards
Subbaiya


PARSURAM BAISAKH

The assessee is a limited company and incurred huge foreign exchange loss on purchase of raw materials in the year 2002-03.Is it required the above loss to be considered for valuation of the raw material for calculation of proft/loss under income tax act 1961.Kindly give emphasis on Judicial case law under income tax act.


Vivek Gangwal
13 February 2008 at 14:01

Frienge Benefit Tax

my co. has given cars to dealers as incentives worth rs.1.17 crore. whether the same is liable to fbt


Nithya.P
13 February 2008 at 14:00

Query on FBT

Hi,

Distribution of Diary to Customers will attract FBT?

If yes under which head?

if the diary is with company logo does it make a difference.

kindly clarify.

Thanks and Regards
Nithya


gopal malu
13 February 2008 at 13:54

Rate of TDS applicable for Paintings

An order for painting is given to a painter and 5 paintings are drawn by the painter. The total invoice is for Rs.90000/- Whether TDS rate will be applied as per the rate of contractor or Professional?
Is there any CBDT circular? If any, I want the Circular Number.
Thank you.


Narpat S Gaur
13 February 2008 at 13:37

Deduction

can a salaried person avail deduction from income tax if he is not receiving house rent allowance from employer. if yes then under which section and what document he should be produce.