Hi, If employer pays life insurance premium for employee is it allowed as an expense? and is it tax free for employee or is it considered as perk for him?

Iwant to ask ganesh sir that only form 109 and application of transfer by mutual consent is enough to get transfer. And if id card is also required to sent then xerox will sent or I have sent original. Because original id card is taken by my old employer by saying that at the time of tranfer/termination article assistant should have to deposit to old employer.plzzzzz reply as sooon as possible. Thanx .

A builder who is paying service tax @3.09% i.e 12.36% on 25% of total amount received from customers.His Labor Contractor has registered himself under service tax under VCES Scheme on Dec.2013 and has recovered Rs 7 lakhs (Approx) service tax from builder. Can builder claim refund of this service tax paid to the labor contractor as his project is complete before december 2013 or what is the remedy available to the builder please answer.

I am a senior citizen and have filed my return on 26/07/2013 declaring income Rs./ lakh and above in Form 1 for A.Y. 2013-14 But forgot to claim deduction U/S 80C Rs 100000/- on which I am entitled to get fefund
Rs. 20000/- being 20%on Rs.100000/- for LIC Contribution. Now I cannot submit revised retrun since my return has already been processed at CPC Bangalore. Under this circumstances I request you to advise me how to get my refund from INCOME TAX DEPARTMENT.
I am a senior citizen and suffering from diseases connected with old age So this amount of refund will be of immense help to me.
Awaiting your positive reply.
Thanking you,
Yours Fathfully,
Swapan Kumar Chattopadhayay

if turnover exceed rs. 1 cr. he is liable to tax audit &in next year he is liable to deduct tds & file tds return. what is in next financial year turn over below rs. 1 cr. he is liable to dedct tds & file tds return in all succeeding financial year.

Dear Sir / Madam,
I am a mech. engineer with M.M.S. - Materials & having 23 yrs of technical experience in German multinational manufacturing company. I want to make career in commercial by using technical experience in the field of purchase. Kindly guide me about which taxes & other things to be studied or will get information used in manufacturing company.

Thanking you,

Best Regards,

salil

dear sir please advice that whether a pvt. ltd. company can take loan from its directors & shareholders under the companies act 2013. if yes whether the company pay interest on the loan taken from director & shareholders. second ques is if director receive intt & pay intetest to third party from whome they have taken loan then both intt can setoff each other.

Journal entry under reverse charge mechanism when service receiver receive service.

Bill amount is 10 (lacs)
Thanks in advance

I want to pay one employee who is trainee in our company But we cannot show in our company as salary employee so We have deducted his TDS 94 J as he is giving professional & Tecnical services to our company pls confirm can we do

ROI were e-filed on or before due dates. The refund received was less than the one claimed in the return. Manual application was made to the concerned ITO requesting him to rectify the mistake apparent from records u/s 154. After a gap of almost 3 months, I was informed to file a e-request for rectification. Can any one suggest the procedure to be followed for filing e-request to get the refund?
Thanks in advance,