“THE GOVERNMENT HAS ISSUED A NOTIFICATION DATED MARCH 25, 2009, SPECIFYING THE NEW PROCEDURE TO BE ADOPTED BY COMPANIES FOR EFFECTING REMITTANCES TO NON- RESIDENTS AND FOREIGN COMPANIES, UNDER SECTION 195 OF THE INCOME TAX ACT, 1961 WHICH WILL COME INTO FORCE FROM JULY 1, 2009.”


My Quarries are

(a) Whether any payment / payments made by Indian Representative (IR) to foreign principal, against cruise booking from Indian resident whether in Indian currency or foreign currency covered U/s 195 of the income tax act, 1961.
(b) Cruises are not entering in Indian Territory, whether service tax on commission received by IR, applicable.
(c) Some cruises are entering in Indian Territory, than what is the position of service tax.
Send your reply on my e-mail id skg_asso@rediffmail.com, skg.asso@gmail.com



(CA SUNIL GUPTA)

As ITR are changed for F.Y. 2008-2009. They are asking for UTN i.e. Unique Transcation Number in ITR-1. So Is there is any Change in Form No. 16 for F.Y. 2008-2009 or We can issue as per old Formate. Please guide for the same.

As ITR are changed for F.Y. 2008-2009. They are asking for UTN i.e. Unique Transcation Number in ITR-1. So Is there is any Change in Form No. 16 for F.Y. 2008-2009 or We can issue as per old Formate. Please guide for the same.

As ITR are changed for F.Y. 2008-2009. They are asking for UTN i.e. Unique Transcation Number in ITR-1. So Is there is any Change in Form No. 16 for F.Y. 2008-2009 or We can issue as per old Formate. Please guide for the same.

As ITR are changed for F.Y. 2008-2009. They are asking for UTN i.e. Unique Transcation Number in ITR-1. So Is there is any Change in Form No. 16 for F.Y. 2008-2009 or We can issue as per old Formate. Please guide for the same.

Some employees have resigned during the month of Feb-Mar, 09. Their final settlement will be done in the month of May,09. The books are closed in the month of 30th April.

How the TDS of the employee will be deducted? Will it be deducted in the next year when he was not the employee of the company and form 16 after the adjustment of FFS will be given in the next year taking only FFS amount payable? Further we can’t take in the previous year in which he has resigned because the PF amount will be determined only at the time of FFS

Is advance FBT paid is considered as an allowable expenses while calculating MAT, if yes let me know the notification

Thanks & Regards

Naveen

can any body tell me that which item ceck in share broking if it is pvt company

Under Section 44 of income tax act, how is the computation of income from insurance commission is done.

In first year.
for renewal income &
for bonus commission.

DEAR ALL

IF PARTNERSHIP FIRM MAKES PAYMENT TO PARTNERS BY WAY OF REMUNERATION/SALARY ETC. FOR ANY AMOUNT SAY RS. 5 LAC. IN SUCH CASE IS PF LIABLE TO DEDUCT T.D.S.

THANKS IN ADVANCE