Hell all,

Our company is giving medical reamburshment on half yearly basis. My querry are:
1) On monthly Rs. 1250/- what would be the FBT.
2) Can company recover FBT from employees?

CS Jatin

whether an office which is comes under the purview of embassy is it liable to deduct TDS for the payments which it makes in India?

is there any specific condition or requirement for considering income earned from sale and purchase of equity shares through d-mat account as a BUSINESS INCOME.

AND IS IT OPTIONAL to consider it as a short term capital gain or business income.?

Dear All,

Kindly mail me the details of CASE - NEMICHAND KOTHARI VS. CIT

Thanks.

Sir/Madam,
I have work for two company for 1st company only 3 month(not paid HRA by the company). For 2nd company worked for remaining month(9 month) and received the HRA.
My question is whether I can calculate the Rent paid for 12 month with received HRA(which I received only for 9 month)
OR I have to calculate only for 9 month Rent with month HRA ?

Kindly advice me.

Regards Amresh

Sir,

I have received the answer of following Query is YEs we have to deduct tds, but our CA not convince, Can you provide me
Same case law for the query, which will help me lot.


Are we liable to deduct tds on supply the follwoing Service :

1. Morning & evening Tea given to workers & staff member by Tea stall monthly bill around Rs.50000/-
2. Tiffin Lunch supply by party to our factory for staff & workers. Supplier not registered under service tax or vat. so he not charge any tax on his bill. Monthly bill around Rs.135000/-

Pls advise that is we liable to deduct tds on these type of service.

is TDS to be deducted on purchase of Licence to operate software

Dear Sir,

We are manufacturer & Sale of Processing of food (Ready to eat snack) i.e. Potato Chips like lays. in Palda Indore, From July - 2004.

our qt.is :-

Are we eligible of deducting U/s 80-IB ?

I had invested in krishna bhagya jal nigam deep discount bonds in the year 1995-96.Said bonds were to be redeemed in june 2006 but said company maintained silence and it was only when i took up the matter with them persistently with the help of sebi that they responded and assured of sending the proceeds and tds certificate before 31st july 2007 i.e date for filing return in my case.However the company did not send the tds certificate before aforesaid cutoff date so as to enable me to avail/ adjust the tds benefit amounting to about Rs.10000/ and despatched proceeds in form of cheque dt. august,2007 + tds certificate dt.31-03-2007(interpolation done in tds cert. by putting rubber stamp on printed date) in sept.2007,putting me at a loss as i had to file return of income on 31-7-2007.Please guide whether i can avail benefit / adjust tds amount in next year's return of income on receipt basis as i have still retained the postal envolope vide which said papers were sent to me and also clarify as to whether any action can be initiated for playing fraud on an investor and indulging in malpractise.Please give relevant provisions of applicable law for the above issues.Also advise whether the difference amount of principal and redeemed proceeds will be considered as interest leviable under "income from other sources" or as "capital gains" .
For expert comments please.

in my company for a.y 2008-09, we deducted tds from M/s. raj residency for lodge bill purpose tds rate taken as contractors.

now we know that the deductee does't having PAN No.

We are filing E-tds Q2, without pan No. in that cases, what is the treatment and now what i can do? please suggest me.