Anonymous

If Employee is terminated by Company without giving advance notice to him in this regards and for that they pay Contract Termination Notice Pay, then is that amt is taxable as Salary. If it is taxable then is there any deduction we can show to that amount or that amt will be fully taxable?


Dharmendra Yadav
08 August 2011 at 12:12

Tds late payment

dear sir,i want to know that if i am making late payment of tds then what will be the rate of interest. and will it be chargeable on daily basis or i will have to pay for whole month.
ex- date of payment 07/8/11
date of payment 10/8/11
then will i pay interest for two days or for whole month


Please somebody help me its urgent


dinesh
08 August 2011 at 00:56

Income tax

i have filed a Salary return for A/y 2010-11
on 30/07/2011
Return contain tax which was adjusted against TDS.

Know when i calculate tax it shows interest of Rs. 767 in itr-1.
i file return without paying Interest and also missed to show the same in return.
can i pay interest know and till when.

plz tell me some solution

on what amount know interest will if i pay interest after sometime

is this return will be valid what alternative course of actions can be taken as it cannot be revised


dinesh
08 August 2011 at 00:48

Income tax

i have filled a Salary return for A/y 2011-12
on 08/08/2011
Return contain tax which was adjusted against TDS.

Know when i calculate tax it shows interest of Rs. 167 in itr-1.
i file without paying Interest but i reflected interest in return.
can i pay interest know and till when.

on what amount know interest will if i pay interest after sometime




Anonymous
05 August 2011 at 17:53

Interior designing and decoration

i am an interior designer and my firm has
vat no. but i am doing consulting work seprately in same firm.

1) for consulting purpose i am taking 12.30% service tax. sepretely and

2) for turnky project i am taking 8% vat and 3.43% as service tax for same clients whether it is wright practise or not please help.



Anonymous
05 August 2011 at 15:49

Querry for tax

sir
what is the time limit of return filling of trust


CA CWA Yugandar PR
05 August 2011 at 11:19

Aquaculture is taxable

sir, one of my client started the aqua culture business. whether it is taxable? If it is taxable then which section talks about it and how much income is exempt from tax.


prashanti pandit
01 August 2011 at 14:05

Non payment of professional tax

I am an MBBS. working on salary in a private firm (sole propprietorship) in mumbai, since 1999.

My employer has not deducted ANY professional tax from my salary for the entire duration...to date.

I have now recd a notice from the IT dept regarding nonpayment of professional tax...asking for an explanation.

whose liability is it to pay professional tax? Can i legally have my employer pay the penalty and interest...based on his noncompliance to rules?

what is the procedure? How much amount with interest will i have to pay in this regard...

I would be grateful if anybody can provide details on this.

Thank you very much



Anonymous
29 July 2011 at 21:53

Online filing of income tax returns

In case of refunds, is it mandatory to mention MICR code in case refund is asked for by cheque & not ecs.
Full a/c no has been mentioned


manoj rathod
29 July 2011 at 17:33

Registration partnership deed

DEARS
PLS GUIDE ME

IS IT COMPULSORY TO REGISTER PARTNERSHIP FIRM IN MAHARASHTRA?
I READ FOLLOWING LINES SOME WHERE

FOR MAHARASHTRA
[In Maharashtra, registration is almost compulsory. For the purpose of income tax benefits It is necessary to register a partnership with the Department under S. 184 and S.185 of the Income Tax Act, 1961. For the Influence of the Income Tax Act on partnership, see Ch. III in Part Viii.]

WHAT IT MEAN






CCI Pro
Meet our CAclubindia PRO Members


Follow us


Answer Query