Income Tax QnA [Resolved]

All Resolved Open

SACHIN JAIN

This Query has 3 replies

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

This Query has 2 replies

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

This Query has 3 replies

14 May 2008 at 13:53

TDS u/s 194 J

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

Neeraj

This Query has 4 replies

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

This Query has 3 replies

14 May 2008 at 12:51

FBT Recovery from employees

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

Rajanit

This Query has 4 replies

14 May 2008 at 12:47

FBT Recovery from employees

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

CA Harsha.M

This Query has 1 replies

14 May 2008 at 11:53

FBT on sales promotion

Kindly let me know whether FBT is applicable on :
1) Special lighting arrangements made to a retail shop on festival days.
2) If applicable whether the same falls under the category of Sales promotion or Festival Expenses

Ravi Kumar Rajgaria

This Query has 3 replies

14 May 2008 at 11:43

TDS reverse

TDS deducted of 'X' u/s 194C and deposited and TDS return filed for the quarter. Later it is decided that not to pay the 'X'. Earlier expenses booking entry now reversed. So what about the TDS deducted & Deposited?

varun gupta

This Query has 6 replies

14 May 2008 at 08:25

FBT liability

If a company reimburses some amount to employees every month as per policy, an employee claims reimbursement for March in the month of April, liability for fbt over the amount will arise in IVth qtr or in Ist Qtr? When will these expenses be booked?

Rakesh

This Query has 1 replies

13 May 2008 at 19:17

E Challan of TDS

Can a chartered accountant pay e challan from his personal account on behalf of tax payers. Because the Sec. 44 AB disallowed the expenditure if TDS not deposited within time.