DEAR,
1] AFTER WORKING 58 YRS IN PVT CO. AND AFTER RETIREMENT -
NOW I AM GETTING RS 1839/- PER MONTH OF PENSION UNDER "EMPLOYEES PENSION SCHEME 95" FROM EMPLOYEES PROVIDENT FUND ORGANISATION, MUMBAI-11
2] RS 3342/- P.M.ANNUITY FROM LIC OF INDIA[I WAS MEMBER OF GROUP SUPERANNUATION FUND OF MY CO.-MASTER POLICY TAKEN BY CO FROM LIC]
PL ADVICE ME: IN WHICH HEAD ABOUE INCOME WILL COME, AND ANY DEDUCTION IN THIS AND /OR deduction of 33 1/3% or 15000/under u/s 57(ii)IS APLICABE TO ME PL ADVICE IN DETAILS.
THANKS
ASHOK

Renting or hiring of passenger motor vehicle falls under reverse charges mechanism of service tax, if service tax paid with abatement service receiver has to pay 60% but service tax paid without abatement serviece receiver has to pay 100%.Now my query is when service receiver can choose payment of service tax @60% & 100%.In my opinion If service provider has not charged service tax in his bill then service receiver has to pay 100%? or when service provider charged service tax @40% then service receiver has to pay remaining 60%?.If above implication is wrong Please clarify my doubt

Whats there difference in betn & firm & company?

I tried in google,again,seeking for if any1 in d profesional site for my confirmation.


tanx in advance.

Hello sir,

Im working in a s/w company n my yearly income s 210000.Can som1 here help me clear cut procedure of IT FILLING.

I worked with a CA for 2 months and left him because there was no work.

I have not submitted articleship form 103 & 112 to institute.

He just have my NRO no. Can he complain against me with just that Even if I have not joined articleship under him.

Also he is threatening me that I won't be able to join articleship with any member in future also.

Dear Expert,
i have a query, company has registered under section 25 companies act 1956, the audited financial statement has not been signed till date, i would like to know is it possible to sign today and what would be the penalty and condition which i have to follow, pls make it clear in detail through example and also provide me the section which will clear my doubt.as soon as possible

thanks

What is G.N(guidence note)? &
why it is issued by ICAI?

FACTS
A Non-resident Indian (resident of Saudi, Citizen of India) wishes to sell an immovable property for Rs 2.00 crore. The said property is an ancestral property and was inherited on parent’s death. The fair value of property to be taken as cost of acquisition is 1.00 lakh.
The property is not an agricultural land.
The purchaser is a resident.
The proceeds will be remitted to NRO A/c of the NRI and then to be repatriated to Saudi Arabia.
QUESTION
What is the rate at which the purchaser should deduct Tax at Source?
Form 15CB/CA In the event that purchaser does not deduct tax, is it sufficient that the said NRI pays self-assessment tax on long term capital gain?
Further say only a portion of the consideration like 50 lakhs is repatriated, then will Self-assessment tax proportionate to amount repatriated will be sufficient for issue of Form 15CB/CA ?
DTAA with Saudi Arabia
According to DTAA -Tax is leviable in the contracting state in which immovable property is situated.

SIR,WHAT IS THE MINIMUM WAGE LIMIT FOR DEDUCTION OF E.S.I.C ?

Please Tell me the procedure for applying in Industrial training prog? HOw can I apply & what will be the requirements ?