Recently Ministry Of Finance made Press Release for extending due date of filling of quarterly tds return for Q2 To Q4 for 2012-13 and Q1 to Q3 for Fy 2013-14 for government deductor.By this CBDT automatically nullify late fess of 234 E for govt deductor. One of my client is school which is run by 100% govt grant received in form of Salary grant & maintenance grant. Two year back govt DDO deduct tds from salaries paid to staff. but since last two year School has apply tan on its name and deducted tds of their staff. DDO pay cheque in name of "Principal of XYZ Scool ". of salaries paid to staff. All staff of this school is on payroll of state govt and all rules of state education board is applied to this school and its all staff. So in this situation . May i grant relief on ground of this press release ? Please guide its urgent.

maintenace charges paid for flat should be debited to flat shown under investments or should be debited to profit and loss account ???

WE ARE A PVT LTD CO.
PLEASE GUIDE US ON PROVISIONS IN RESPECT OF CASH PAYMENTS.
PAYMENT AGST ANY PURHCASE
TOUR ADVANCE TO A EMPLOYEE.

Dear sir,
I want to know about whether i can submit revised return after receiving intimation u/Sec. 143(1), i was summit original return within time which is prescribed u/sec. 139(1).

you are requested to suggest me what i have to do.

There is any special rate on Tax Computation on Survey Declared income, ex. his totoal Income is below five lakh and his survey income is 50 lakh, then what is the tax, plz explain

Please guide.
I have completed 15 months training but still studying (CS Finals). The same company is offering me the job, so, what should i expect? As m still in finals.

Our company is car mfg. It offer a scheme to employee for free car. Co. pays EMI directly to bank with Insurance charges. It shows emi addition & deletion in salary slip.Employer born the TDS on this emi amount & add the TDS part on this EMi amount in salary again. Pls guide whether this extra tds on emi added in salary is exempt to employee or not. Also can employer get deduction of this expenses.

How would i remember sections as i van understand what section suggests but i wanted to remember sections as well. i am doing self study.request you to suggest which scanner i will refer for cs executive new syllabus?

Dear Experts,
Due to PAN being furnished by the transporters, no TDS has been deducted.

Now, my query is do I need to file Form 26 Q?

If Yes, then what should be tagged for non deduction in column 26? There are 5 options available. A B C Y and Z.

Total payments made to Transporter X is 385000/= and 65000/= for Transporter Y.
If the return is required to be filed whether it should be filed quarterly.
Awaiting your expert opinions....
Thanks

I have a combine Medical Insurance policy for Myself + my parents. My basic premium is Rs. 3060 & my parents basic premium is Rs. 20520 (10260 + 10260). Total gross basic premium I paid is Rs. 23580. On this Service tax is Rs. 2915 and hence net premium is Rs. 26495.

My question is how much I can claim as tax EXEMPTION under 80D. As per current rule , I believe for my parents (senior citizen) I can claim max. Rs. 20000.

Does this 20000 limit for parents includes Service tax ?

So in total (Self + Parents) How much I can claim tax exemption under 80D. Can I claim Service tax also on my self basic premium amount of Rs. 3060 ?