SUNIL GUPTA
04 May 2009 at 11:32
“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)
DEVENDRA
03 May 2009 at 15:13
As per the S. 269 SS, there is restiction on payment AND RECEIPT of cash above Rs. 20,000/-.
In that case, what method shuld be used by a co-op. credit society to make payments or receipts in cash above Rs. 20000/- ?
If a society opens savings a/c of the customer and makes cash payment through the savings account for more than rs. 20,000/-, then whether s. 269 ss attracts ?
Ritesh t a
02 May 2009 at 18:10
sir,can u cite me any case law regarding section 54 & 54B of income tax in the state of j&k.
Hemant Joshi
02 May 2009 at 16:12
As per the recent Delhi High Court decision, the service tax is not to be charged on the 'Rent'of commercial/redidential properties.But the department is silent and alos there is no notification for the cancellation of such service tax.
Please advise whether charging the service tax on rent should to be continued or not?
Hemant Joshi
02 May 2009 at 16:04
Whether Fringe Benifit Tax will be applicable for the expenditure made on inauguration of plant like -'Pooja Ceremoney' and 'lunch' given to workers in the factory premisis?
As per sec.115WB(2),....but does not include any expenditure on,or payment for food provided by the employer to his employees in the office or facotry...
But as per Sec.115WB(2)E, FBT is applicable on 'expenditure on meeting/get together of employees and their family members on non-festival occasion including annual day'.
Please reply and oblige.
Guest
01 May 2009 at 15:42
Hon'ble members, Is there any provision in IT Act regarding submission of information on 'tax evasion to IT authorities'?
Member (Account Deleted)
30 April 2009 at 21:19
One person having qualification of B.Com(H) practicing (filing return) income tax since 1 year. Last week he gave an advertisement in news paper of his service. He is not an advocate, just a B.Com.
Some official from tax department called him and told that a tax practioner can not give news paper advertisement and such an act is punishable.
Seniors please tell me if any such provision is there.
PURSHOTAM AGGARWAL
30 April 2009 at 18:27
M/s Gillette India Ltd had filed a CWP No. 589 of 2008 in The High Court of Himachal Pradesh against a notification of Central Excise Department. The h'nble High Cout of Himachal Pradesh has given its judgement in favour of M/s Gillette. Can any body tell whether the Excise Department has gone to SC against the order of High Court of Himachal Pradesh in above case.
Mrityunjay
29 April 2009 at 12:15
Dear sir tell me what is the adjustment TDS against VAT or what is the actual relation between vat and tds becuase when we see the VAT Return Form then TDS column are there, plz tell me details with example
waiting your reply
thnaks (Dhanyabad)
© 2025 LAWyersclubindia.com. Let us grow stronger by mutual exchange of knowledge.
Assessment
What is the last date for filing IT return for Assessment year 2009-2010?
Which Finance Act is applicable for assessment year 2009-2010? Finance Act 2009 or 2008?
Who determines the last date?