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josephvijay

sir, what is the rate of TDS to be deducted on rent payment to an NRI in Indian currency deposited in Indian Account.


sherin
14 May 2008 at 18:42

best judgement assesment

As per Sec145(3) on Income Tax Act, if AO is not satisfied about the correctness or completeness of the accounts of the assessee, or where the method of accounting provided in sub-section (1) or accounting standards as notified under sub-section (2), have not been regularly followed by the assessee, the Assessing Officer may make an assessment in the MANNER provided in section 144. Is this means that in this case only best judgement assesment under Sec 144 will be done? In other words can best judgement assesment be done in cases other than specified in sec144?
Q2.Can refund be granted u/s 144. If yes, in what conditions?


SACHIN JAIN
14 May 2008 at 16:34

tds u/s 194A

Whether interest paid to PNB Housing Finance Ltd. is covered under the provisions of Section 194A?. Also whether the exceptions mentioned in Subsection3(iii) applies to PNB Housing Finance Ltd. since it is a wholly owned subsidiary of Punjab National Bank.


shruti karuturi

Does remuneration given to a director include perquisites?
Is director salary same as Remuneration?If it is different what's that?


shruti karuturi
14 May 2008 at 14:21

Perquisite given to Director

Perquisite given in the form of Car maintenance i.e driver salary, repairs any, fuel etc. Is it exempted to the employee or employer?


Babita Agarwal
14 May 2008 at 13:53

TDS u/s 194 J

Whether TDS should be deducted at reimbursement of travelling expenses of professional/auditors.


Vikram Goel
14 May 2008 at 13:40

Fringe Benefit Tax

Hi Friends,

Please advise whether FBT is to be paid on air tickets and visa charges arranged and paid by the company for the employees official tour abroad.

Regards,

Vikram Goel


Neeraj
14 May 2008 at 13:09

TDS On Capital Expenditure/Payment

I want to know that TDS is appilcable only on revenue payment or it is applicable for revenue or capital payment both. please give full reference like case laws , notification and circular.


Rajanit
14 May 2008 at 12:51

FBT Recovery from employees

Is FBT on Car Lease rental of employees recoverable from them ?


Rajanit
14 May 2008 at 12:47

FBT Recovery from employees

Is FBT on Car Lease rental of employees recoverable from them ?