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Anonymous
17 July 2014 at 11:15

Taxation of foreign income.

I am a CA Intern. I have a client who is earning foreign Salary from an UK based Firm. He left India for the purpose of employment on 10.10.2013 and has been receiving salary since October. Since he had left India for the 1st time and his stay in India exceeds 182 days, he is now an Indian resident for the respective P.Y 2013-14.

I want to know is there any way out so that his income which is earned abroad does not gets taxable in India.

Kindly guide me regarding the matter as soon as possible since the date of 31/07/2014 is nearing.


shibin joseph
17 July 2014 at 11:11

Credit for central excise duty

sir i have a doubt, as one of our friend's company had a production unit, and this unit had wrongly taken an input tax credit on central excise duty for the year 2009-10. and from the audit of excise department, they noticed that wrong credit and they charged Rs. 15000/- as interest, penalty and the wrong credit. as the order from the department the accountant had reversed the credit amount with interest and penalty from the credit available. but the department made a clarification that interest and penalty to be paid in the form of cash. and as the above said order we paid the interest and penalty in the form of cash. But we want to utilise the amount reversed for the interest and penalty wrongly utilised from the available credit.so how to shown that amount of wrong reversal for interest and penalty in ER-1 thank you..


Jagdish Dave
17 July 2014 at 11:07

Disclosure of interest by director

Can any body help me in getting the format of resolution for disclosing the interest by director which is to be filed after the 1st board meeting of a company in a new financial year as per new company act 2013



Anonymous
17 July 2014 at 11:06

Service tax on ad space selling

Dear friends.

Good Morning.

Please note that the budget for the current fiscal had deleted the adspace selling and advertisement from the negative list. So please let me know whether service tax registration is to be tkaen by such entities and collection is to be made from which date.

Thanks in advance.



Anonymous
17 July 2014 at 11:05

Limit apply for tan no.

Dear

Please inform whats the limit for the apply Tan No. company or others f.y 2014-15



Anonymous


Dear Friends

Good Morning.

Please let me know whether service tax registration is to be taken by an entity if the service provided is included in the negative list

Please clarify


vaishali
17 July 2014 at 11:02

Change in syllabus

is there any change in syllabus of tax for nov 2014 ipcc



Anonymous
17 July 2014 at 10:55

26as of ay 2008-2009

Experts,

What is the process for obtaining 26AS for AY 2008-2009?


riddhi
17 July 2014 at 10:53

Tax issue and tds

If I pay rent to a farmer who is having 7/12 agreement then my rent expense will be taxable and rental income for him will be exempt as agricultural income and also I will deduct tds u/s 194C @ 10%
Is this treatment correct?

Also now we will maintain the land so the income generated from it will be exempt? like selling of ayurvedic plants,cashew nuts , rubber etc


Rajesh Nagda
17 July 2014 at 10:51

Form 10b for trust

Is e-filing of Form 10B mandatory for all Trust? Which type of Trust; E-filing is compulsory?