I want to register under gujarat vat and want to take TIN No , so please guide me what is procedure for the same and what is legal fees......
Please tell me immediately...
What is CMA Data in relation to Banking?
Kindly answer....:-)
Dear Sir,
As per the new changes in the income tax "It is provided in section 10 (10D) that any sum received under a life insurance policy including bonus will not be exempt from total income if the premium payable in any of the years during the term of the policy exceeds twenty percent of actual capital sum assured. It is now proposed that from the assessment year 2013-14, exemption under section 10 (10D) will be available only those life insurance policies in which premium payable will not exceeds ten percent of capital sum assured in any of the year during the term of the policy.
Similar amendments are proposed in sub section (3) of section 80C that only those life insurance premium are eligible for deduction under section 80C which does not exceeds ten percent of capital sum assured."
For example....
(1) I have one LIC policy of which sum assured is 5 Lakhs and we have paid premium more than 20 % of sum assured whcih is 1.10 Lkahs. Can i take the exemption of full premium which I have paid during the year 1.10 Lakhs.
OR
If I have paid total premium 1 Lakhs during the FY 2012-13 for multiple policies so do we need to take only the 10% of sum assured in exemption not the total amount of Rs 1 Lakh.
Kindly request you to let me know about this amendment.
Thanks
i have an query related to salary part.
i had asked some what related qus. earlier also but that time the intention was something else.
so right now the situation is like ,
an employer earlier reimbursing the petrol and driver's expenses of his employees.
both the petrol and driver is provided to the employees only for official purpose. but now from this F.Y. the employer had decided to give a fix amount which is amounting to Rs. 20,000 to his employees adding in there monthly salary and not to reimburse any of there petrol and driver expense.
so if we'll see from the employee's point of view into this matter, we'll find that as Rs. 20,000 is an addition to there salary this will increase the tax burden on them because earlier they were getting the reimbursement which was non taxable. so is there any other way out to give the fix amount of money to the employee without putting any tax burden on them?
for example: in F.Y.11-12 "A" was getting salary of 10L and 2.4L as reimbursement of expenses. so he was giving tax on 10L only. but in F.Y 12-13 he is getting 12.4L as salary and now he has to pay tax on whole 12.4L.
so this is increasing the tax burden on "A".
Sir,
My Clint paid service tax on audit fees.
What he take service tax credit?
which he was paid on audit fees As per service tax rule 2012.
I had got 72% in my IPCC exam and have exemption in all subjects. i have very good knowledge and learning ability but still i didn't got good firm for articleship because i don't have referance in mumbai. please help me if any one can MY mobile no is 07208460096. please
Dear Sir,
A director of the Company who is first subscriber/Promotor in company, Expired in an accident. Whether his name from MOA can be removed from MOA or not.
It's Urgent.
Regards,
what is the procedure for change in the registered office of the company within local limits of same state???
Dear Experts,
What is difference between Dmat ac. and Trading ac.
Thanks
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What is process vat registration