CA Ravi Sisodia 's Expert Profile

Sonia says :
Sir i am having a query relating to one of the my client, who is in trading business of Steel Tubes and pipes and has planted a factory that is a manufacturing division of steel tubes and pipes in sabarkantha district of Gujarat for the purpose of Domestic as well as Export sale of production, Can you please do let me know what incentives and Tax Bnenefits for a newly established industry in that industrially Backward Area he can avail, as soon as possible.

vikas12345 says : tds related question,, please give me the answerr
the limit of 194 c is 30,000/, is 30,000/- is our quarterly limit and 75,000/- is our yearly limit, m i right, u/s 194C:Also where the aggregate of the amounts paid/credited or likely to be paid/credited to Contactor or Sub-contractor exceeds Rs.75,000 during the financial year, TDS has to be made u/s 194C.may i know what is the meaning of 30,000/ & 75,000/ in section 194 c

avinash says : TDS applicability
Dear Sir, I am Avinash.I kindly request you to guide me on a query relating to TDS. My query is with respect to deduction of TDS on sponsorship payment by Indian Company. Although it is very clear that sponsorship payments made to residents will attract TDS provisions under 194C of the Income Tax Act, I am unable to conclude if TDS u/s 195 will apply to payment of sponsorship made to non resident. The Indian company will be making payment towards sponsorship to a UK company for an event which will be held in africa. Please guide me if sec 195 will apply to the payment and if DTAA will also affect such payments. Thanking you in advance. Regards Avinash (avinash.161@gmail.com)

CA Pk jain says : urgent
would like 2 hav a word with u (if u dont mind). pls mail me ur contact no at p.k_jain@rediffmail.com

MANAV says : conversion of 2 proprietorship in to 1 pvt co.
Can exemption be availed u/s. 47 in respect of Capital Gain if two proprietorship firms are converted in to pvt. ltd. co. and each proprietor will be given 50% voting power (50%+50%=100%) and other conditions are satisfied? And what about stamp duty on immovable properties transferred to pvt. ltd. co. in the above way? Can stamp duty be fully escaped in whole scheme?