Kindly help!

Our company has included Medical reimbursment in the CTC. SO in the salary slip every month specific amount is shown as medical reimbursement.

Now at the close of fianancial year suppose if an employee does not submit the medical bills thn what can be done about the medical reimbursments that has been included in the salaty structure?

Can we show that amount in Form 16 as Medical reimbursment in Sec 10 allowances exempt from tax or will that be fully taxable?

Also advsie if the bill submitted are less than 15000 then what amount to be shown in the Form 16.

can emplyee be member in pvt ltd company? it's urgent

what is rate of interest on warehoused goods kept beyond the period?

my client is a manufacturing concern then what will be warehousing period for it?


Regards,

munna.

I have one querry please help me to sort out
due date of return of income for fy 10-11 is 31/07/2011 but our client filed return as on 26/07/2012 what is implication of interest under section 234b of income tax act( assume to be advance tax paid is less than 90% of assessed tax)

I was converted from old PE II to IPCC on 2010 and orientation was exempted for us that time.I have not passed any of the groups under IPCC yet.

But now I want to switch to Direct entry scheme (I am a Graduate) and to start my articleship now.

Tell me whether any problem for my convertion to Direct entry?
If possible what about orientation & ITT ?

Dear Members,

What are the main compliance requirements for the private company which is a subsidiary of a public company.
What will be the compliance requirements for the private company which is a subsidiary of the above mentioned subsidiary company.

Please guide...

How to do accounting for units received under dividend reinvestment plan

If a charitable trust gets donation for 10 years from same party and refund all donation recd for a period of 10 years after 20years. What will be tax liablity, etc...

Will this type of contribution considered as donation and eligible for 80G or considered as long term loan..without interest

Dear Sir,

Our one employee has taken home loan but not take the possession of home. he lived on rented house.

my query is that can he take the benefit of both -home loan interest & HRA (rent) ???

Please suggest.

Regards,

Rajendra

How to download consolidated file for revising TDS return as we are not having account on TIN-NSDL and now a days new account cannot be opened on that site. On traces site consolidated file cannot be downloaded as this service is not presently unavailable. Plz guide me its urgent