PREMNATH
21 July 2020 at 11:05

PF Deduction

Sir

In a salary slip from which amount should the PF deducted. Is it 12% of Basic salary or Is it
12% of Gross salary. In our Company we calculate as follows:
Gross minus HRA* 12% if Gross amount is less than Rs 15000. If Gross is more than or equal to 15000 Rs 1800 is deducted. But in many companies payslip I find that PF is calculated on Basic salary.
Which one is correct. Thanks in advance.

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MAKARAND DAMLE
14 July 2020 at 17:35

ETDS Return

CHANGE IN PAN NUMBER WAS CARRIED OUT IN ORIGINAL ETDS RETURN FILED AND REVISED ETDS RETURN WAS FILED

NOW THE SAME RECORD IS TO BE UPDATED WITH DIFFERENT PAN NUMBER. I HAVE DOWNLOADED fvu FILE FROM TDSCPC SITE.
BUT IN CORRECTION IT GIVES ERROR MESSAGE AS "FURTHER UPDATE OF PAN FOR THE DEDUCTEE RECORD IS NOT ALLOWED"

IS THERE ANY WAY TO RE REVISE THE ETDS RETURN ?

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Raj Chitroda
18 May 2020 at 18:49

MSME REGISTRATION

Dear Experts

Does Partnership Firm providing Repairing Service of Cars and vehicles means having business of Automobile Service Station can apply for MSME Registration ? or or these types of Service provider can not apply for the same.

Thanks & Regards

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Kollipara Sundaraiah
06 May 2020 at 16:57

Loan from banks

Assess trade a bakery foods business.
Estimated sales turnover Rs.7 lacs per month
Estimated trade expenses Rs.4 lacs per month.
Assess wanting loan from banks Rs.5 lacs eligible or not.
what is documents submitted to banks.

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Arun Kumar. G
30 March 2020 at 15:46

PF Withdrawal reg.

Dear Experts,

My company got closed suddenly, thought of withdrawing my PF amount. But when i logged in i tried for online withdrawal. I understand my Name, Aadhar numbers nothing was matching. I have edited the information as per my Aadhar. But now the problem is this information need to approved by the company which was closed and no one is there to do these activities.

Kindly advise how to proceed on this kind of situation. Is there any other way i can withdraw my money from EPF

Thanks in Advance

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Kasturi Sen Gupta

Bank deduct TDS in cases of interest payments for more than Rs 10,000 p.a. but banks do not deduct TDS if form 15H is submitted. Is there any threshold criteria or upper ceiling where banks will deduct TDS even if form 15H is submitted? For example, if a person earns Rs 10 lakh as interest on FD, he should not be allowed to avoid TDS by just submitting a form.

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RAHUL KUMAR
23 March 2020 at 07:39

MY PAN CARD APPLICATION REJECTED

Black and white photographs are not accepted for processing of PAN application.
We request you to kindly submit two recent colour photograph (3.5 cm *2.5 cm) on a separate paper with signature/thumb impression across any one of the photos.


What should I do now?

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Anil

Hello,
We are a pvt ltd company in Maharashtra. For the first year directors of the company were not employees and not drawing salaries. For that year all directors applied for PTEC and paid @2500 for the year.
From next financial year directors became executive directors and started drawing salaries. Question is
Now should directors pay PTEC @2500 and should company also deduct 2500 PTRC for them ? but that would mean double taxation which in my opinion should not happen. Which one of two taxes need to be paid in this case PTEC individually by director or PTRC by company ?

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jagjeet singh
12 March 2020 at 17:17

TAN Change

Dear All

I have changed my corporate address Delhi to U.P. . Registered address is in the Delhi. Does need to apply the new TAN? or require any correction in existing TAN.?

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Suresh Tambe
12 March 2020 at 15:35

CIBIL

I have close my loans from banks and I got NOC from them but in CIBIL it is still shown as loans are active so how can I remove the loans from CIBIL?

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