If an employee pays for company expenses using his personal credit card. The expenses are for items that do not attract FBT. If the company re-imburses the employee for the expenses by direct payment to the credit card company, are any FBT or other taxes applicable for the company or the employee?

tds deducted on remuneration paid to directors is under which section??

Dear all,
I'm working as an LIC agent as well as as an accountant in one MNC.
As an LIC agent my annual commission is Rs. 30,000/-. Am I liable to pay profession tax?
Is there any limit prescribed by the Profession Tax Act?
Pls help me & tell me the provision of the same..........its very urgent!!!

Thanks & regards

Dear Respected Boarders,

I have recd deferent TDS calculation rates from deferent sources.

if any one have the revised TDS rate for the AY 09-10 kindly i request the respected members to forward a copy to

vijay@stumped.co.in


Reply appriciated

Regards
Vijay



*Life is full of opportunities. If you can't see them, then create them.*

What is the maximum amount on which PF is to be deducted?
Suppose if a person getiing basic salary 1lac, is emplyoer liable to deduct/contribute Rs. 24000/-toward pf amount(12000-employee+12000/-employer's contribution)?

TDS online payment of Rs.1400000/- was paid through online net banking for a company,

but unfortunately at the option of 0020 - company deductees

0021 - non-company deductees

at which instead as its a company we must select 0020 but i selected in a hurry at 0021.


What should i do now..???

Will there be any problem arise at the time of return filing...???


Please reply me its.....urgent guys...!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!






Thanks in advance...!!!

Dear CA Club Friends

There is a changes in Professional Tax slabs effected from the financial year 2009-10.(with effect from 01.04.2009) as below:

1. Upto 9999/- - No Tax
2. 10,000/- to 14,999/- - 150/-
3. 15,000/- and above - 200/-


I need the notification regarding this,If some body knows it please mail the link to me in my mail ID primecfo@hotmail.com .

Thank and regards

Deepika Tyagi

Sir,

If an person transfers shares to his wife and she sells such shares & buys any Asset which is an asset U/s 2(ea) of wealth tax act, then such asset is taxed in the hands of the wife or in the hands of the husband.

to consider a land to be a asset of assessee, what all required?

In my case the assessee doesnot hold the land in his name, can that land is a asset of the assessee?

i want professional tax rates in karnataka with notifications or circulation