Sir,

Recently i joined a company in June'13. my monthly salary breakup is:
Basic: Rs. 16,000
HRA: Rs. 8,000
Special Allowance : Rs. 29,100.
so, Total Gross Salary is Rs.. 53,100.

PF is optional in my company. so, i choose not to deduct PF. only meals expenses deduct from my salary amounted to rs.100 per month.which provide net income amounted to Rs. 53,000

now, company is asking for investment declaration for f/y 13-14. presently i have a PPF a/c and i will submit Rs.100,000 in that for f/y 13-14.

kindly provide me the calculation of TDS, that how much amount will be deducted from my salary per month.

Thanks

Dear Sir,

If some one is employed on a monthly salary of INR 15,000/- per month, should his employer deduct TDS while paying him his salary although he is not coming under tax bracket as his annual income from salary is not surpassing INR 2,00,000/- per annum(employee doesn't have any other source of income).

please suggest,

Thanks!

Is service tax registration required while opening of an educational institution in west bengal? What are the other statutory license required to open an educational institution?

DEAR SIR

WE HAVE TAKEN ISO CERTIFICATION FROM ASR CERTIFICATION SERVICE PVT LTD. THEY CHARGED SERVICE TAX ON THEIR BILL. CAN WE AVAIL CENVATE OF THIS SERVICE TAX AMOUNT

THANKS & REGARDS

Dear experts
I m planning to go for self study for idt n dt..my attemt is due on May 14. Although me planning to give single group that means second group in nov 14...plz help me weather i should plan for self study or need to tak couching...n if self study then which book i should refer for idt n dt and when to start self studies i mean when to buy book since there may tak place ammendments...
Please guide weather my decision of self study of idt n dt is correct n gv me the advice for...
Waiting for the reply..
Thanks in advance..

DEAR SIR

WE ARE PAYING ANNUALLY SUBSCRIPTION FEES TO FARIDABAD INDUSTRIES ASSOCIATION. THEY ARE CHARGING SERVICE TAX ON IT. CAN WE CLAIM CENVATE OF THIS SERVICE TAX. PLEASE TELL AS PER SECTION & RULE

THANKS & REGARDS

Some creditors are outstanding in our books of accounts since very long time and now i came to know that these companies are shut down...so pls advise me what should be the accounting treatment of these creditor how can i adjust them.

DEAR SIR

WE ARE GOING TO SALE OUR PVT LTD CO THROUGH A CONSULTANT. CONSULTANT CHARGED RS 100000 FOR SINGNING THE CONTRACT. PLEASE TELL IN WHICH SECTION AND HOW MUCH TDS WILL BE DEDUCTED. EXP. WILL BE BOOKED AS CONSULTANCY CHARGES OR COMMISSION CHARGES

THANKS & REGARDS

I have passed CPT in 2012. Bcom with 56.66% in may 2013. I have given exam ipcc both group in may 2013 result awaited.

My IT training will be completed in 26 june 2013.

Can i join artical ship?

I want to hire an artist for an event.If i pay him directly 194J will be applicable.
But instead of that if i hire an agency for the same(event manager) will my payment attract TDS u/s 194C or 194J ?

notification 88/2008/f.no.275/43/2008-it(b)
this notification says that even event managers are covered u/s 194J.
Please guide.