I know that rural agricultural land is not a capital asset, hence, not chargeable to capital gains tax. My query is regarding the utilisation of the payment recd on compulsorily acquisition of the land by the Govt. How that amt can be utilised and in what periods of tme. Please answer as it is very urgent.....

Does disclosure requirements as per AS-15 depend on the number of employees?

Hi! Experts
Please send me a Board Resolution to allot equity shares along with relevant provisions

Copmany is filling a late return of p.y 2007-2008 now and it has made profit in the particular yr and company has c/f losses of the previous yr , can that company set off losses against 07-08 p.y profit.

as per sec 80 it says if the company has loss in the yr and return is filled late then u can not c/f and set off such losses

pl guide

Dear All

Pls. confimr when an employee gets salary Rs. 245000 pa from company and his 80C deduction are Rs. 100000, then whether employer compulsary issue form 16A or not?

in which section tds to be deducted on web desinging and devlopment and web hosting??//

whther it is under setion 194c or 194j or 194i???

How can Individual file return online? please let me know the procedure or also let me know for F.Y, 2008-09 can we file return as per old method

Regards,

Ashok

Dear All,

Can anybody tell me that whether TDS should be deducted inclusive or exclusive of service tax charged by the party u/s 194j and 194i.

warm regards,
Sunil

Hi,

As per last circular issued by income Tax department, payment of tds/tcs of april & May 09 will be as usual in old form i.e 281, but tds of june 09 is supposed to be in new form 17 and the same will be effctive from 1st july 09. There were lot of NSDL's role also prescribed. We had no received any communication as such from NSDL yet. When we asked about it the NSDL office expressed they had no news too.Do you have any news?

Hi,

Following are issues for SEZ units at Noida:

Spares parts for foreign going vessel are imported from outside india and sale are made to Foreign vessel.
Sale consideration is receivable in foreign currenchy.

Pl guide me whether Custom duty be charged on sale of Spare parts or not to Foreign vessels.

Amrendra Kumar