Please help…..if NRI works in Singapour (Foreign Country) earning income from salary and he transfer money from singapour to his Indian bank account and from out of such money he purchases Capital Assets (Land) in India, my query is…what is the Income tax implication arises in India and Singapour also?

Hi,
Our firm takes works contracts.
we have our registered office in Allahabad.
can we have an office also in Delhi? and can bid tenders from Delhi office despite registered office is in allahabad?

what we will have to do. a precise answer is welcomed.

our company is newly setup a news channel my query is our employe (news reporter and camea man) Travel the outstation for the purposes of collecting the news and they sent various expenses like petrol, , hotel telephone expense and some time they hire the vehicle also and we are taking all expense under the travelling expense is this correct?

i have appeared in CA final nov 13 but was not able to pass d exm..nw i am giving only first grp in may 14. so can i complete my gmcs traning after second grp or there is some time limit for completion. I am registered under the old course n so have to do gmcs only once

Hi,
I am working in a manufacturing unit as an accountant. The owner has three companies, A B and C. Company A has given loan to company C. I wanted to know whether the entry in the books of A will be showed as unsecured loan to C? and in the books of C will be loans and advances?

Thank You

Mr.A is receiving ex-gratia for the FY 2014-15 of Rs.300000. He is a senior citizen. He is also having 80c ded. for an amt of Rs. 5000. How much I have to deduct tds in this case?

Respected Sir

I am lecturer in govt school on contract basis & getting salary of Rs. 241400/- annual AY 2014-15, but school is not deduct tax on salary. So sir i have deposit tax of Rs. 2205/- in treasury account 8658-51-101-99-51 with mention TAN no. on challan top & giving the challan of my school accounts deptt. I want deposit my Income Tax Return. Please guide me the treat of tax which head?

A prop. firm has leased its one unit to someone.

Now will the lease income be taxed under Business & profession head after deducting depreciation on leased assets ????

the firm is also doing some separate business activity..

1. Is whole time director or managing director liable to provide service tax on any remuneration he gets from the company ?

2. Is private company liable to pay service tax for the service availed by his managing directors ?

3. In context of Service tax, what does remuneration include for the directors ?

Respected Sir,

I want clarification about service tax, Our company rent amount Rs. 1,40,000/-. it is our M.D.own building. he is bill raised without service tax. As per notification no. 45/07-08-12. It is applicable for reversecharge mechanism ?.
Pl help me. Now, service tax auditing going on .