whether octroi payments over Rs.20000 wl be covered under sec. 40 A(3)

whether TDS is to be deducted on Testing Charges & Forwarding Charges If No Then Why No If Yes Then Why Yes

Thanks in advance for solving my query


Thanks

I am in the construction industry developing IT parks and leasing it to STPI clients. To avail 80-IA benefits, the deduction is extended only for profits and gains derived.

1. please clarify whether this deduction can be exended to House Property Income wherein the rentals received from clients has to be considered as Income from House property based on so many case laws. Will the Dept disallow 80-IA benefits if this is being treated as House Property Income.

2. Our activity is not only letting of bare shell but also providing facilities viz., Air conditioning, DG backup etc., Can we consider rentals as Business Income and if so, on what basis we can consider as Business Income. Would request for case laws also to support the stand.

3. Also the objects in MOA of the company includes leasing of the property and based on this can we consider as Business Income and avail 80-IA benefits.

I am in the construction industry developing IT parks and leasing it to STPI clients. To avail 80-IA benefits, the deduction is extended only for profits and gains derived.

1. please clarify whether this deduction can be exended to House Property Income wherein the rentals received from clients has to be considered as Income from House property based on so many case laws. Will the Dept disallow 80-IA benefits if this is being treated as House Property Income.

2. Our activity is not only letting of bare shell but also providing facilities viz., Air conditioning, DG backup etc., Can we consider rentals as Business Income and if so, on what basis we can consider as Business Income. Would request for case laws also to support the stand.

3. Also the objects in MOA of the company includes leasing of the property and based on this can we consider as Business Income and avail 80-IA benefits.

I am in the construction industry developing IT parks and leasing it to STPI clients. To avail 80-IA benefits, the deduction is extended only for profits and gains derived.

1. please clarify whether this deduction can be exended to House Property Income wherein the rentals received from clients has to be considered as Income from House property based on so many case laws. Will the Dept disallow 80-IA benefits if this is being treated as House Property Income.

2. Our activity is not only letting of bare shell but also providing facilities viz., Air conditioning, DG backup etc., Can we consider rentals as Business Income and if so, on what basis we can consider as Business Income. Would request for case laws also to support the stand.

3. Also the objects in MOA of the company includes leasing of the property and based on this can we consider as Business Income and avail 80-IA benefits.

The Builder / Promotor imports architects services from a firm in Singapore who does not have PE in India. Can withholding tax u/s 195 be deducted from the fees / payment made to Singapore Architect and send TDS certificate to get the tax set off when he discharges liability since DTAA exists between India and Singapore.

sir
if an individual have Rs.400000 non agriculture income and agriculture income of Rs.700000, then whether surcharge will be applicable or not?

Is there any tax planning that can be made on car allowance for the salaried employees, if so how can we plan

Dear Sir,

Kindly clarify whether the dividend received by the Indian holding company from the overseas wholly owned subsidiary in China , is taxable in India ? If yes, what is the rate of tax ? Please reply with details of sections.

Thanks & regards,

Hemant A.Thakker

Is tax audit u/s 44AB of IT Act applied in case of investment company which is invloved in making investments in shares and securities for the purpose of dividend erning. If dividend income forms major part of its income from operation which exceed Rs.40L.

Pl. reply urgently.

Rgds,

Hetal Shah