About me
FEMA & International tax consultant
-
What kinds of questions I can and can't answer?
Questions on FEMA & International Tax
My area of expertise
FEMA
My experience in the area (years):
5
Organizations I belong to:
Jayantilal Thakkar & Co Dosi & Jain
Publications or writing which has appeared :
No
Educational credentials:
B.com, ACA
Award & Honors:
Speaker at various forums on area of interest.
-
Bipin Tripathi
says
: Domain name sale/purchase from Outside India.
Does domain name sale/purchase from Outside India is Taxable? -
Gauri CS, LL.B
says
: Susbscribed capital of Indian subsidiary
If a Foreign holding Company (i.e. 'X') subscribes for Rs. 8,00,000 shares for a newly Private Ltd. Company to be incorporated and now Company is formed say on 3rd April, 2012. X brings only Rs. 2,00,000 on 30th April, 2012. In board meeting conducted on 1st May, 2012 Boar confirms allotment of shares for Rs. 2,00,000 to 'X'. for filing FC-GPR. What will be shown in balance sheet on the closing of financial year for Income tax and Companies act purpose. Subscribed capital and paid up capital. What are the consequences and auditor's remark if entire subscribed capital is not brought before closing of the financial year. In MOA we write minimum paid up capital will be Rs. 1,00,000. Even in Annual return can we show it as Authorised 15,00,000, subscribed 8,00,000 and paid up capital 2,00,000? How it is to be shown for income tax as balance sheet will be dated 31st March, 2013. Nw what will be the decision of the Indian subsidiary co. as per companies act to close financial year on 31st March, 2013 or some other date. -
Asil
says
: Domain Name Registration : Whether TDS applicable
Dear Sir, I registered as reseller @ resellerclub.com I have registered few domain for my client and raised invoice. Is it correct from customer to deduct TDS. Can you please advice. Regards, Asil Kewal
- Whether roc filing fees are deductible for income tax
- Depreciation
- Sec 195
- Withholding tax
- Expat returns
- Transfer pricing
- Tds on payment for purchase of domain name to non resident
- Tds rate u/s 195 for austria
- Sec 195
- Expat salary
- Forex loans
- E return tds u/s 195-
- Fema
- Income tax/service tax matter
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