Kiran
This Query has 5 replies

This Query has 5 replies

16 June 2008 at 22:23

deduction of tds

should tds be deducted for visiting doctor who is paid conveyance allowance (fixed)on a trip basis?


Dileep Kumar
This Query has 3 replies

This Query has 3 replies

16 June 2008 at 19:40

Salary TDS Return- PAN compliance

Hi sir,
I have filed the TDS return 4th qtr in From 24Q on due date. I have included the salary details of all employees of the company, irrespective of whether having taxable income or not. Some of them does not having PAN and having salary as low as 50k to 60k p.a. However 95% PAN compliance was there in the return of the employees of whose tax was deducted.
Now A friend of mine is telling me that it may attract a penalty of Rs.10K per person if you are not supplying PAN of each employee included in return whether having taxable income or not.
Please guide me if it is true. I am so much worried about this issue.

Regards
Dileep Kumar


Anil Kumar Kedia
This Query has 2 replies

This Query has 2 replies

16 June 2008 at 19:07

House Rent Allowance

One person is having a owon house at Jaipur and there his family is leaving. He is working at Delhi and getting HRA from company. Is he can claim HRA inspite of having own house.
Kindly advise me.
Thanks.
Anil Kediya


CA Manoj kumar
This Query has 1 replies

This Query has 1 replies

16 June 2008 at 18:35

FBT on diwali expenses.

1,Previously in my company has accunted uniform allownaces in staffwelfare now in advertisement. can any one give answer that m i correct or not.
2,on ocasion of diwali company given gift to staff that is sweets,silver coin bedsheet etc. those are booked under staffwelfare but on view by auditor festivel . so, this correct or not on regards of company. Can any one give answer that can i booked under staffwelfare account.


CA Manoj kumar
This Query has 1 replies

This Query has 1 replies

16 June 2008 at 18:27

work contract tax,

1,What is wct, My company has logistics business, can you give details that in my company wct applied or not . if applied then what rate.and also tail that on this tds applied or not.


Ravi Jain
This Query has 1 replies

This Query has 1 replies

16 June 2008 at 18:16

Definition of Income

whether windfall income is taxable under Income tax act?
If yes, plz tell me under which head


CA G. SRINIVAS GOUD
This Query has 3 replies

This Query has 3 replies

16 June 2008 at 18:13

Fringe benefit TAx

A partner receiving Parners remuneration and Interest on partners capital, that partner incurred expenses like conveyance, telephone charges, Vehicle maintenance for the purpose of business. Whether the above expenses will attract F B T




YOGESH GUPTA
This Query has 2 replies

This Query has 2 replies

16 June 2008 at 15:57

TDS on hiring of car

On hiring of car whether TDS would be deducted as rent(u/s 194I) or as contract (194c0.


CA SAHIL cs
This Query has 5 replies

This Query has 5 replies

16 June 2008 at 14:09

Capital Gain Section 54F

My friend is constructing a house property since 2003. The construction is almost over except interior decoration and some minor things. He has sold shares and has made Capital Gain of Rs.1 crore in FY 2007-08. He wants to claim exemption u/s.54F for the Capital Gain against the construction of the property. The developer says he will give a certificate of completion for the house property Dt:FY 2007-08. Can my friend claim the exemption?


ketan
This Query has 2 replies

This Query has 2 replies

16 June 2008 at 13:15

Query about short term gain

can short term capital loss is set off againts long term capital gain yes or no if yes then why if no then why tell me with specific reason ???????????????????????






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