Income Tax queries [Resolved] [35891]

All Resolved Open

CA CS Kumarpal Jain

This Query has 1 replies

20 September 2007 at 18:47

Fringe benefit tax

Is FBT applicable on expenses incurred by the directors of the company?
Will your answer differ on whether the director is executive or non executive or whether he is paid salary or proffessional fees?

Manish Kumar Bansal

This Query has 6 replies

20 September 2007 at 17:50

Partnership firm Registered with name "ABC Pvt Ltd."

some one made a partnership firm with name as "ABC Pvt Ltd.", He had received Pan as well as sales tax registeration for the same name.

As adding Ltd word without forming co is violation of co law, so now what should be the course of action now.

can he change the name and submit an application for change in PAN data and sales tax reg. Data? or convert the firm to PVT LTD company or Discard the firm???

lohithakshan u k

This Query has 1 replies

20 September 2007 at 17:14

TREATMENT OF ASSET-INCOMETAX/CO.'S ACT

WHILE ACCOUNTING ASSET ITEMS BELOW RS. 5000
IS THERE ANY STATUTORY REQUIREMENT TO TREAT THESE ITEMS AS ASSET AS WE CAN SET OFF THE ENTIRE AMOUNT BELOW 5000/= IN THE SAME FINANCIAL YEAR AS EXPENSE. WHEN WE ARE ACCOUNTING SMALL FAN, PHONE OR OTHER SMALL ITEM IS IT NECESSARY TO TREAT THESE AS ASSETS AS WE ARE NOT CLAIMING DEPRECTION

MAHESH

This Query has 9 replies

20 September 2007 at 15:32

Gratuity And Leave Salary

Whether Gratuity and Leave Salary becoming due on the death of an employee is taxable in the hands of nominee? Please explain with reasons.

Ankit Jain

This Query has 3 replies

20 September 2007 at 15:03

SBI's TTB rate for conversion of foreign currency - Rule 26

Dear All,

As per rule 26 of Income Tax Rules, the SBI's TTB rates to be taken for converting foreign currency.

Where to find SBI's TTB rate without going SBI (Foreign Branch) daily for getting the same.

Please reply

Thanks
AJ

sushant

This Query has 2 replies

20 September 2007 at 12:39

articleship

can i do articleship from nepal ca firm if then consider some name .....

Ajay

This Query has 3 replies

20 September 2007 at 12:07

TAN Number

TAN Number is Compulsory in case of Comancy

bhavna

This Query has 1 replies

20 September 2007 at 11:46

amalgamation

WHICH RESERVE COME IN REALISATION A/C
AND WHICH RESERVE GOES TO SHAREHOLDER'S A/C?

Ankit Walia

This Query has 3 replies

20 September 2007 at 11:37

About MAFA classes

Which class should I take if don't get admission with Kalra Sir or J B Gupta. I don't want to take Makkar Classes.
Who are the other good teachers available in Delhi?

chandrashekar

This Query has 1 replies

20 September 2007 at 10:05

TDS on purchase of software license

Dear professionals,

If a company purchases software licenses, should the company deduct TDS from the payment to be made to the vendor?

Thanks & Regards
Chandrashekar.