My cliant invest in mutual fund of L & T Mutual fund rs.40000/- dated 25/03/14 please suggest to me how many Rs.rebate in income tax U/s 80C.

Monthly wage of a person is Rs. 5000 & he is entitled for bonus. During a particular month he is present only for 20 days so he receives 5000*20/26=3846. on what amount bonus will be paid

1. 3500 (since 3846 is more than 3500)
2. 3500*20/26=2692

Please reply soon

I accidently sent 3 copies of form 103 to institue.when i asked the institute to sent the other 2 copies back.,they said they won't sent it back. so what should i do now?

Dear Sir,
please tell me about imprest A/c, I am working in logistics company, here director of company incurred petty cash exp. from their pocket, they called me about create of imprest a/c, they first incurred petty exp. From their own pocket thereafter fund transfer in his account from company bank account.


Thanks in Advance

Hi, I have a small query as mentioned below. 1. My income is not taxable.

2. I want to invest in liquid mutual funds. Some investment will be of more then 1 year & some will be of less then a year.

3. What will be the tax effect for investments of less then a year & more then a year.

4. As for long term I understand that 10% without index & 20% with index. Now. as my income is below taxable limit, do I still have to count 10% or 20% tax, as applicable & pay it accordingly or will it be added to my income & there after as my income is below tax limit, so I do not have to pay tax at all??

Plz. advice. Thank you.

Hi, I have got job in pnb bank. I am holding full time cop. Now I want to know how can I convert full time cop in part time cop? What are the benefits of holding part time cop? If I continuously work in bank for 5 years, will I eligible to become FCA? Plz advice me in cop matters.

Hi

We have received assessment order from ACIT u/s.143(3) of the Income tax Act. We have filed appeal before CIT and the case is still pending. Meanwhile ACIT have issued notice under sec 148. What kind of reply I should give to ACIT.

Thanks

Hello,

Can I mention D IFRS degree from ACCA, UK on my CA Business Visiting Card?

Thank you in advance.

Dear Expert

As per Circular No 1/2014 ( F 275/59/2012-IT) dt 13.01.2014 no TDS is required to be made on Service tax portion,

Kindly confirm whether it is applicable only for Sec. 194I & 194 J OR applicable for other section also ie 194C. 194H etc

Pls urgently reply

Hi,

For calculation of the STCG on Share Transactions whether the following expenditure can be allowed as deduction:

1. STT

2. Transaction Cost

3. Stamp Duty

4. Service Tax

Thank you in advance