Anonymous
20 February 2014 at 13:56

Fixed reimbursement amount are taxable

Dear Sir,

My client is ROR working (deputed as Project Manager) in India and paid by foreign (Belgium) Employer for Project coordination Work

To file his return I understood that I have to use ITR-2 and use column of TA_FA & FSI and get tax credit on tax paid in Belgium by his employer.

My questions

He is getting Fixed Reimbursement amount for his travelling from home to office, same is mentioned in nontaxable amount in pay slip. Can he consider the same amount nontaxable in India?

Regards,
Pranali



Anonymous
20 February 2014 at 13:43

Profit on sale of personal car

Whether profit on sale of personal car (not used in bussiness) is chargeble to tax ?
If yes under which head.
Because car is personal efects and not capital asset.


Geetanjali Savarkar
20 February 2014 at 13:41

Interest on delayed payment of tds

Date of Payment and Date of Deduction is 10/04/2012, the due date is 07/05/2012. However the date of deposit is 09/05/2012. Will the period of delay in deposit be 1 month or 2 months for calculation of interest thereon?

Is the period to be calculated from 01/04/2012 to 31/05/2012 as 2 months?

Or is the period to be calculated from 10/04/2012 to 09/05/2012 as 1 month?


R Gopalan
20 February 2014 at 13:36

Tax saver fixed deposits

sir,
whether Tax saver 5yrs fixed Deposits for which the Interest earned is exempt are taxable for assessee pls clarify, and if it is exempt means pls mention the Section also


sakshi agrawal
20 February 2014 at 13:23

Audit surbhi bansal

hey can anyone tell me changes in audit?i read in a forum surbhi bansal mam asking to stdy frm her feb edition for may 14.is it worth purchasin new buk?


Manish
20 February 2014 at 13:22

Query against advance licence

dear sir

please tell me how to prepare advance licence and also meaning of advance licence


Dhruv
20 February 2014 at 13:16

R r sale

What is R R Sale..
If we sale in R R Sale..So we can add tax..
if we sale R R with other state so what its say..R R or OGS Sale?????
if we do R R Sale in inter state so we can add 2% CST.??
Rpl should be in hindi..


sandeep reddy

can a public limited company accept loans from relatives of directors. if yes then what is the procedure and sections regarding this.


Timir Palan
20 February 2014 at 12:57

Rental income

Can anyone tell me how the rental income on the following be treated

1. Rental income on Home Stay
2. Rental income on Bed and Breakfast accommodation
3. Rental income on corporate guest house


Dpk
20 February 2014 at 12:45

Transfer of movable asset

Mr.x is employed with LTD. His son is allowed to use a motor cycle belonging to the company .The company had purchased this motor cycle for rs 60000 on 1.5.2009.The motor cycle was finally sold to him on 1.8.2013 for rs 30000. For calculating depreciation whether completed years 3 or 4






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