An English medium school registered under Societies Registration Act has excess of income over expenditure to the tune of Rs.90,000 during previous year 2006-07.Is it mandatory for the school to file IT Return? If yes should it be in form ITR7 ?
1-whether provision for hospitality will cover the refreshment( Tea & snacks) provided to employee's purchased from outside.
2-Where the expendiure incured by way of non transferable paid voucher should be used by employee. Whether eating joints must be of employer.
Sir having reference to the section 115 WB (1)subclause (A)which provides FBT on benifit reimbursed or otherwise provided by employer,
Now my question is that whether two wheeler expenses like petrol & repairs will be covered under this clause or tho wheeler is excluded. Since there are deemed FBT only for aircraft & motor car.
please gide the valuation of expenses incured on two wheeler also.
please give a coverage area of this clause.
thanks in advance.
We have changed the name of three of our private limited companies. We have three times applied for the change of name in PAN card. But same is returned showing “mismatch of name”. We have also tried differently after talking over telephone but all the times failed. They are not giving us any opportunity to meet us personally so that we can show every thing to them and discuss remedy.
What is the solution? How to knock a close door? We are facing a lot of problems for not getting PAN card with new name.
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