Above 5 lac income, tax rate is 20 %, but generally what happens if a person having income more than 5 lac, he has a bank F.D. on which the bank deducts tax at a rate of 10 % and generally it is not shown in the income tax return by any person, so it is also one type of fraud, so what should be done about this.

I got a letter from CPC for an arrear demand of Rs. 494 for the assessment year 2008-2009, actually for that year my tax liability was Nil, so I produced all the necessary documents to income tax office Bhuj-Kutch where I had filed my return, so they made the necessary corrections in the system and as a proof they gave a copy of rectification order on dtd. 29/04/2013, but till today it is not updated in the outstanding tax demand which is shown in my account on the incometax web site, so please give me the guidance what should I do.

Listed Companies are required to give notice to members of AGM as per the provisions of The Companies' Act.If the notice falls short of the period, but may be a week before the scheduled date of AGM, if it is given in leading newspapers would it construe that the notice has been properly given under the Act?

I want to know taxability of karta of a HUF.Suppose Business income of HUF rs.700000, and the HUF give to karta Rs. 300000 as salary from income for running the business.
now what about the taxibility of karta and HUF?Is there any limit about giving salary to karta by HUF?

Hello...
I am about to complete 1 year of my articles by this auguat
and i have also changed my principal-CA recently
and now i want to join m.com in regular course.
Plss tell me its consequences which may affect my articleship.
And also the procedure for same.
I m confused if there are any negative effects of it on articles or not...

Hi everyone,
Could anyone tell me whether ONLY THIS MUCH book by ANS.Vijay is sufficient for CS professional programme. Or else kindly let me know your view on the book.

Expecting replies .

WEC PURCHASED SOME GOODS FROM A SUPPLIER A & ISSUED MATERIAL TO JOB WORKER B JOB WORK B RAISED A BILL AS FOLLOW

TOTAL BILL 300000.00
GOODS FROM
CO. 200000.00
JOB WORK CHARGES
100000.00
TDS WOULD BE DEDUCTED ON WHAT AMOUNT ON 300000.00 OR RS. 100000.00

How to calculate interest on late payment of MVAT?

A newly co. registered with S.Tax dept. and applied for amendment in registration cert.(ie. ST-1 amended and submitted online) but required docs and acknowledgment could not submit within 30 days.
What are the consequences and whether late submission will be accepted? Please suggest!

Dear Experts,
Please suggest about TDS rate for a monthly payment of Rs. 7500/- to Rel Communication for usage of Internet Charges.

Wheter this should cover U/s 194J or 194C ??

Thanks,