Hi,,

ours is start up company we have 5 staffs and each staffs salary comes around 5 to 6 lkhs
please advise how can make salary structure
Eg Mr A Salary is 566400 p/a

Dear Sir,

While checking the Form26AS for tds credit. we have found 2 party have credited our account for TDS payment. We dont know the party and there is no transaction between us. Already inform them to file the revised return but still there is no reply from there side. Now what should we do. if auditor is going to check the Form26AS for TDS receivable,he will bring this in his audit report.
How to approach on this
Please guide ..

sir, my query is,i have issued a single lower deduction certificate stating my 3 clients , on which lower deduction was applicable with limits. one of the above client said that the this certificate will be issued separately i.e one for one client basis and hence said it invalid. department said that certificate was correct in all respect.

is there any clarification on this matter.

Dear Sir/Mam,

A company has not deducted TDS on Director's Remuneration of Rs. 6 lacs p.a. (192) for the 1st quarter of FY 2013-14. Hence we have filed NIL TDS return for the same period.

Kindly advise us on following points:

1) Whether we start deducting TDS after the 1st quarter of FY 2013-14 including the amount of the 1st quarter without paying any interest or,

2) We are left with only one option of revising the 1st quarter return by deducting TDS and depositing the same with interest.

Thanking you.

In case an individual makes the following contributions towards health insurance premium then what is the deduction available to him u/s. 80D.

Insurance premium of Self Rs.25,000/-
Insurance premium of Spouse Rs.24,000/-
Insurance premium of Son Rs.17,000/-

The above mentioned individual & spouse are senior citizens i.e. above 60 years of age.

Sir, i didn't surrendered my old id card during termination and on re-registeration .. plz any one suggest me what to do?

Fact of the cases:
Our is Private Limited Co.
Ser. Tax Payments are made including Interest as follows (figures are manipulated i.e. not actual)
1)For FY 2010-11 (1st year) : Ser.Tax liability paid Rs. 150000 + Rs. 9000/- as a interest (Payment made in June 2011) – Return not filed as due date is gone
2)For FY 2011-12 : Ser.Tax liability paid Rs. 200000 + Rs. 25000/- as a interest (Payment made in August 2012)- Return not filed
3)For paying Ser. Tax liability of FY 11-12 I made 2 separate (for half yearly) online payments on a same day in Aug.12 for return filing purpose.
4)For FY 2012-13 : Ser.Tax liability paid Rs. 1000 + Rs. 150/- as a interest (Payment made only for Q1 & return also filed)
5)For FY 2012-13 Q2 return is filed as nil but can’t revise it as 90 days are over after filing.
6)For FY 2012-13 for Q3 & Q4 payment as well as returns are pending

Now my question is that whether can I file pending returns for FY 10-11, 11-12 & 12-13 under VCES?

For FY 11-12 mistakenly I made excess payment of Ser. Tax Liability (for first half), so can I carry forward it? though my Q1 & Q2 returns are filed for FY 12-13 or can I revise Q1 & Q2 return of FY 12-13? so I can get set off against b/f excess payment for FY 2011-12 under VCES.

Please guide me in this matter

Hi

please advise what all are the ways to avoid TDS on salary

Dear All,

Please suggest me for following:

My employee has submit declaration form in which he has declared 15k for medical allowance.

his salary structure is as follows:
Basic- 15000
DA-9000
Trpt. Allowance-800
Spcl allownce-15200
Total-40,000pm

My question is that whether he will get exemption of Rs. 15k on submitting his medical bills/reimbursement?

Urgent advice required
Thanks

Dear All,

Is ESI act will applicable if my company employees having the 30 employees whose salary is more 50 K PM.

Note: I know ESI applicable if factory employees more that 10 employees. My only question here is my employees salary is more than 50 K so that employees will not fall under the 15000 slab?? in this case ESI act applicable ?