CCI Online Coaching    |    x

arrears salary

News

Attachment of Properties Against Tax Arrears


Total amount of direct taxed arrear demand as on 31 10 2014 is Rs 6 15 295 crore An amount of Rs 23 653 crore has been collected recovered during the period 1 4 2014 to 31 10 2014 The target for cash collection out of arrear demand by the field authorities for the FY 2014 15 has been fixed at Rs 41

Income-tax deduction from salaries u/s 192 during the Financial year 2012-13


SECTION 192 OF THE INCOME TAX ACT 1961 DEDUCTION OF TAX AT SOURCE SALARY INCOME TAX DEDUCTION FROM SALARIES UNDER SECTION 192 DURING THE FINANCIAL YEAR 2012 13 CIRCULAR NO 8 2012 F NO 275 192 2012 IT B DATED 5 10 2012 Reference is invited to Circular No 05 2011 dated 16 8 2011 whereby the rates of d

Adjustment Of Refunds Against Arrears: CBDT Circular


SECTION 119 OF THE INCOME TAX ACT 1961 INCOME TAX AUTHORITIES INSTRUCTIONS TO SUBORDINATE AUTHORITIES AUTHORIZATION OF AOsIN CERTAIN CASES TO RECTIFY RECONCILE DISPUTED ARREAR DEMAND CIRCULAR NO 4 OF 2012 DATED 20 6 2012 The Board has been apprised that in certain cases the assessees have disputed t

Biggest IT dept in India to be inaugurated by FM today


Union Finance Minister Shri Pranab Mukherjee will inaugurate the biggest office building of the Income tax Department in India tomorrow The building will house the offices of salary charges non corporate charges International Taxation Exemption and other allied charges accommodating approximately 80

Recovery of Arrears of Tax Demand of the Income Tax Department


Recovery of IT The CAG conducted performance audit of Recovery of Arrears of Tax Demand of the Income Tax Department and the report Number 23 of 2011 12 was laid on the table of the Lok Sabha Rajya Sabha on 16 12 2011 In the report the CAG has identified weakening of certain control mechanism and no

More News



Experts Opinions

Tds on salary


Surcharge during the F Y 2015 16 is 12 and for F Y 2016 17 is 15 During the F Y 2015 16 Company makes a provision for Commission paid to MD being a part of Managerial Remuneration which was approved in AGM on 20 09 2016 in that case what rate of surcharge is considered Please suggest

Professional tax deduction on gross salary or net salary


Dear sir madam I want to know that Professional Tax of Maharashtra State deduction from Gross Salary or Net Salary

share capital-calls in arrears


calls in arrears of a company included amount due from directors also articles of association permits charging interest on arrears whereas company did not provide interest on the amount due from directors Please comment on above

Expected salary by an experience accountant


An accountant having tremendous experience of 20 years in accounts audit income tax sales tax handling of scrutiny cases of income tax and sales tax ROC Issues etc should expect how much salary from a private limited company Sales turnover of the company is 20 Crores

Reimbursement of salary


I am reimbursing salary to an agency for employees hired from it I wanted to know that how should I accounts this expense in my books alongwith tax consequences if any Also i have good relations with such agency so i dont pay any commission to it Somebody please reply to my query at the earliest

Discussion

Salary tds calculation with deduction limit ay 2017-18

Dear Friends how to calculate the salary TDS for the FY 2016 17 with all the deduction limit 80 C to 80 U kindly share me the excel file to me it will be most help me to calculate the Salary TDS from my employees

Salary paid in two payments to avoid tds

I have a small company with less than ten employees Lately they have been asking me to pay them in two transactions such that their payslip will show an income less than taxable slab Rest of their salary to be paid as allowances like shift allowance etc which is to be transactioned at a later date T

Epf on driver salary

Hi if employee has hired driver and get his salary reimbursed from employer Is Epf needs to be deducted on driver s salary

Salary paid to partner ,disallowed to the firm as it exceeds the limit. the same wrongly taken as business income by partner in his return

Sir the firm where i am a partner was disallowed salary paid to me as they had loss and my salary exceeded the allowable limit However i missed this information and claimed as salary in my return as business income and paid tax accordingly This case is for a y 2013 14 I did not file any revise retur

Salary income + family pension

Sita govt employee aged 45 years are earning a salary of 4 50 000 yearly and she is also in receipt of family pension of 1 44 000 yearly How the tax liability will be calculated under section 57 family pension is deductible 15 000 or 1 3rd of such inc

More Messages






File Download

  • Cash, bank Transaction Recorder & Attendance Salary Calculator

    THIS FILE IS USEFUL FOR RECORDING DAY TO DAY CASH BANK TRANSACTIONS THIS FILE PROVIDE YOU CASH BANK CLOSING BALANCE THIS FILE IS ALSO USEFUL FOR ATTENDENCE OF EMPLOYEE THEIR SALARY CALCULATION IN SALARY CALCULATION THERE IS NO SALARY PAYLBE FOR ABSENT UNDER LEAVE PERIOD EMPLOYEE WILL GET THEIR SALARY THERE IS NO PASSWORD IN THIS SHEET YOU CAN EASILY MODIFY ANYTHING IN THIS SHEET AS PER NEED
  • TDS Calculator on Salary for F.Y.2015-16

    T D S Calculator for Salary
  • Advanced_SBI Intra Bank Bulk Transactions Uploader

    Using this Advanced Version of the tools a lot of time can be saved to upload bulk transactions through SBI Net Banking It is very helpful tools for Corporate salary disbursement and other payments It is just for SBI to SBI Transactions and the advanced version for SBI to other Bank will be available shortly
  • Income tax calculator And advance tax calculation

    Version 6 1 Income tax calculator Individual Company and Firm Following type income calculate tax 1 Salary income 2 House property 3 PGBP Income 4 Capital gain U s 111A U s 112 and Normal capital gain 5 Other source income 6 Agriculture income 7 interest U s 234A 234Band 234C Also HRA calculation
  • Auto Attendance And Salary format

    Auto Attenadance and Salary Late coming sheet

More Files

Articles

Maharashtra Settlement of Arrears in Disputes Act, 2016 - Summary


Maharashtra Settlement of Arrears in Disputes Act 2016 is a form of Amnesty Scheme effective from April 2016 till 30 September 2016 came in force from 26th April 2016 The following Tax Acts are covered Maharashtra Value Added Tax Act 2002 Central Sales Tax Act 1956 Profession Tax Act 1975 Maharashtr


Career in Banking Sector : Life, Salary, Growth


We all know that Banks are considered as the backbone of any countrys economy In India Bank Job is considered as most sought job Getting a bank job is a matter of prestige especially in a government sector bank Life in a Banking Sector You can enjoy your personal life while working in banks You can


Tips received by waiters from customers is not salary income


Background and facts Section 15 of the Indian Tax Laws ITL includes the following incomes as chargeable to tax under the head Income from Salary Salary head Salary that is due from an employer or a former employer whether paid or not Salary that is paid or allowed to an employee by or on behalf of a


Maharashtra Settlement of Arrears in Dispute Act 2016 a new law


Arjun Fictional character Krishna this year Central Government has introduced various new provisions in the budget to settle tax related old disputes Following that the state government also has brought up law to settle the disputes between taxpayer and sales tax department what is that law Krishna


A Guide to Understand the Salary Structure


I bet you never knew the perks of understanding your Salary Structure better For most people salary is simply a paycheque they get at the end of each month The salary structure mentioned in the slip that comes with it hardly attracts any attention since people dont want to do the math and figure out


More Articles


Updated on : 9/25/2016 3:58:09 PM


EY


fti

GRM

close x