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SIJU VARGHESE
17 March 2014 at 18:00

Tds u/s 192b or 194h

Dear Experts,

Pls answer to the following query,

A Pvt. Ltd. Co. giving sales incentive to its Sales Executives on the basis of their sales in addition to salary and deducting TDS U/s 192B for the whole. The expenses incurred for such sales should be met by the employees themselves. Some executives are going abroad for the sales and they have incurred huge expense for the same.
My query is that,
1. Whether the employees can deduct such expenses from their income while filing their return of income?
2.If no, whether the company can show the incentive as commission and deduct TDS U/s.194H, and then whether the employees are eligible for deduction for such expenses?

Thanks in advance


Kausalya J
17 March 2014 at 17:37

Hra exemption


While claiming HRA Exemption, if one has resided in two houses in a financial year, both the houses agreeements & landlords' pan card copies to be produced?

For eg., i resided in a house from apr' 13 to aug' 13 & rent was rs.11000/- & from sep' 13 to mar' 14 , i'm paying rs.14000/-, should i produce the agreements, receipts, pan card copies relating to both the houses?


palak
17 March 2014 at 17:26

Cs+mba

hello, i am pursuing cs executive and want to join mba in finance from distance education. please suggest me whether i should join it or not.also tell me if there is any other course which would enhance my career.


B.V.Vijaya Lakshmi
17 March 2014 at 17:17

Deemed owner

Sir,
A property is financed by one person and the same property is hold by another person among the two parties the party who is financed has treated as deemed owner or not; in whose books of accounts the property should be disclosed and what was impact of Binami Act



Anonymous
17 March 2014 at 17:03

Industrial training

I am eligible for industrial training from August 2014. I want to know how to contact the company for joining for industrial training?

Please help me in this regard


srinu sri
17 March 2014 at 17:03

icwai new registration number

dear sir, i am student of icmai with registration no sfc/030539 (old no.) .i want to apply for intermediate exams in june 2014. and i had not received my new registration number. please send me my new registration number . thanking you sir



Anonymous
17 March 2014 at 17:00

Capital gain

A person brings his land (held it for nearly 10 years to a partnership firm as his capital. Later the firm (within one year) sells the land. Kindly tell me the point/s at which capital gain is applicable.


B.V.Vijaya Lakshmi

sir,
A contractor has a turnover of 43,00,000/- for A.Y.2011-12; proper TDS for above amount was deducted u/s 194(c). The return was filed for A.Y.2011-12, without audit report by showing net income of 3,00,000/- What are the consequences for the above mistake


S.Sudhishkumaar
17 March 2014 at 15:06

Vat audit - form ww

we didn't submit the form WW on due date. now we are submitting the form WW. CTO refuse to receive the same and says the penalty will be levied for non submiting.

1. there is any way to submit the form?
2. whether penalty is compulsory or there is any way without penalty?


ashish
17 March 2014 at 14:41

About transfer in articleship

hey friends.....here's a quarry about my article ship.......I have completed my 1 year article ship.....but now my sir is always say that.....plz. take termination of ur article ship.....they even not gave me any stipund..... and I don't want to leave my city......so how can I transfer my article ship.....plz. suggest some idea....






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