Dear Sir,

Dear Sir/Madam ,
I am a businessman and running my office in 1 out of 3 rooms of my residence.The electricity bill comes in my father,s name.Can i claim proportionate one-third amount of electricity bill in my business.I have no agreement regarding it with my father but i do mention the address of this office in my bill.



Girish Kumar Mittal

Dear Sir,

As a part of my salary i am getting fuel reimbursement from my company. I have submitted my RC copy to my company. But now they want the insurance copy also. I checked with some my friends and learnt that you dont need to give insurance copy for the purpose of fuel reimbursement.

Can you let me know whether it is mandatory to submit the insurance copy. Is there any law in income tax or fringe benefit act which states this.

Regards,
Arun

HOW MUCH TDS SD BE DEDUCTED ON SALARY? IS THERE ANY THRESHOLD LIMIT OR RATE FOR TDS?

what is notice of discloser u\s 299 of cos act and why it is given within how much time?

Dear Sir,

Suppose a company hires hall for get together of employees for one or two days and also the hall owner provides the furnitures such as chair AC and electricity for the function my confusion is that whether TDS as to be deducted under 194I or Should i deduct the TDS under 194C since the hall owner has levied the service tax as Mandap Keeper Service

Regards

Ravi Konda

Dear Sir,

Suppose a Person who has resigned from the current organisation his pending salary for the last month is Rs 10,000/- but as per company policy if Leave the organisation without one month notice period than what ever amt comes for notice period is deducted from his due salary in this case the person has given short period notice so the company has dedcuted Rs 5000/- as period notice deduction from due salary I.E. Rs 10000/-

Now Should I take Gross Salary due Rs 10000/- for the TDS Calculation or should i take Rs 5000/- after deduction of Short period notice

Please clarify

Regards

Ravi Konda

Dear sir /madam

I am working with proprietorship firm, by mistake I have deposited FBT on conveyance . My question is that can I claim or adjust this amount or how to show in income tax returen.



Regard
Pankaj

Sir if i have no taxable income,then wat is last date for filing return..is there any penalty..

A company has purchased computer software worth Rs.30 Lacs. Can company claim depreciation @15% considering it as general plant & machinery? or it has to claim the depreciation @60% as per the income tax act?

dear sir,
if a doctor ( consultant physician) receives gifts in kind from diagnostic centres will it be considered as perquisites arising from the excercise of the busines. and business covers profession.