i am doing LLB as a regular course, and now i want to do MBA from distance learning. can i do both courses.
pl advise

Dear All,

For skipping the tax in the hands of the employees salary has been bifurcated into BASIC, Travelling Allowance, Medical Reimbursement, Uniform allowance, Professional Allowance, Lunch Allowance & Other Allowances.

Travelling Allowance & Luch Allowance are exempt in the hands of the employee from payment of tax & in the hands of the employer from paying FBT

My question is if the employer provides transport facility to pick & drop the employees from there residence to office free of charge is it liable for FBT as we have already providing them Travelling allowance

Further, if any food is provided during the office hours to the employees shall it be liable to FBT as we are allowing lunch allowance to them as a part of salary

Pls guide me in this regard

Dear All,

I have a doubt in relation for deduction of TDS on Telephone charges (Land line) of Bharti Airtel Limited. I have checked IT Act chapter XVII with U/s 197A, but It never provides the certain clarification for non deduction of TDS on Telephone charges.

So, I would like to ask that, "Is it correct method that we are not deducting the TDS of Telephone company?"

Is certain specific notification about the non deduction for TDS of Telephone co's ? if such notification on the same thn plz provide that link to me.

Plz give answer with approach.

Thanks for consider me.

I m Pursuing C.A -PCC.
Plz tell me wheather i take admission in MBA correspondence in IMT,Ghaziabad????

OF WHICH AUTHOR IS THE BEST BOOK FOR COST & FINANICAL MANGEMENT?

ANYONE WHO WANT TO BE ARTICLED BUT DIDNOT FIND A CHARTERED ACCOUNTANT IN CHANDIGARH, PLZ CONTACT 9888650118, I M ALSO ARTICLEED STUDENT.

Is this section is applicable to depriciable assets too?

If an SSI unit fails to intimate Excise Department after crossing Rs. 90 lacs sale and the total sale in the year is below excisable limit,is there any penalty imposed?

If an assessee makes a payment of two different bills(none of them exceeds Rs.20,000)at the same time in cash or by bearer cheque, IS SECTION 40A(3) APPLICABLE HERE??
for eg.date of puchase is 20th april 2008 from same supplier (two separate bill of Rs 9500 and Rs 13000) and supplier is paid on 25th april by cash.that is 9500+13000=22,500. WILL THIS AMOUNT DISALLOWED????
and what if the supplier was paid on same date that is date of purchase (20th april)

I want suggestion on following
MRS.X left India 3 years ago for employment purpose.

MRS.X who is NRI worked in India for 3 months during Jan 09 to Mar 09 and get salary income of Rs. 64500. She is working in IT Co. IT co. deducted Rs. 64500 as TDS.

Plz tell me in above situation how she can get refund for the same as her income in India is below taxable limit and country in which she is working i.e. U.S. have DTAA.