In a mfg industry, there are around 50 workers. Their basic salary is Rs. 8000/-or more. My query is if PF is to be deducted or not as the basic salary exceeds the limit of Rs. 6500/-??????????

hi everyone
Mr. x who lives in delhi gets salary from a proprietorship firm for two months Rs. 30,000/- p.m. [ Included Conveyance Allowance Rs. 800/- p.m. & HRA Rs. 7,200/-p.m. ]
after that
Mr. x gets director remunaration from his Pvt. Ltd. co. for ten months Rs. 30,000/- p.m. [ Included Conveyance Allowance Rs. 800/- p.m. & HRA Rs. 7,200/- p.m. ]
His LIP is Rs. 27,744/- & His tution fee is Rs. 7,200/-.
He pay Rent 7,000/- p.m.
Pls. calculate TDS.
Thanks in advance
I am waiting for your reply.
Mukesh Kumar
Delhi

hi....

my name is shubhangi.....i hv completed PE-I....i m giving PCC june 2009 exam...

apart from dis i m doin MBA full time...after PE-I....due to sum reason i was unable to complete CA....meanwhile i cleared CET n got admission for MBA....nw i wanted to do CA...i hv heard that similar to ICWA....if any professional like MBA....wants to do CA...n if he is working in a co whose annual turnover is more than Rs 5 crore....den there is no need to do articleship for such student...as he is a professional....n he'll be given certificate of completion of CA after clearing the exams....

i just wanted to confirm dis....

are there any exemptions for MBA....

a share holder of a company who holds majority of shares in a company wants to transfer 50 % of the shares held by to another person. Does this transfer attract the provisions of Capital gains? (the above mentioned shares are equity shares)

Hello,

Does the notation "advalorem rate of CVD" include education cess on CVD? Or is it just the basic rate of additional duty of customs?
My question is with reference to the formula given under rule 3(7) of CENVAT credit rules which restricts the cenvat credit on inputs acquired in DTA from 100% EOU.

Dear Sir Ma'm
I am Vijay Mishra, working with Minar Travels (I) Pvt Ltd. I have asked the same query some days before, but till date i have not recd proper answer. My question is like this :
We provide hotels to our guests. We receive commissionable rate as well as net rate from hotels. If the bill amount of Hotel is Rs. 5000/- ( Bill amt- Rs 5500/- Less commission Rs. 500/-). Should we charge service tax @ 10.3% on Rs 500/- and deduct the same from the payment of hotels ? Please reply me soon, as the matter is already delayed. If yes, please givr proper reference.

Regards

Vijay
9810822365

the trust is registed as "BHANUMATI VIDYAMANDIR TRUST", trust is registred under sec.12A. The trust has fixed deposit with bank. Now my question is that for Non deduction of TDS, CAN CHARITABLE TRUST ELIGIBLE TO ISSUE FORM NO 15G OR NOT?

OTHER WISE I HAVE TO SUBMIT FORM NO 13.
PLS.REPLY ME.

My client has paid rent of Rs 200000/- in advance for 2 years to a person amouting to Rs 100000/-p.a
{Rs 100000/-(08-09) + Rs 100000/-(09-10)}

1.Should he deduct TDS on this rent paid as it does not amount to Rs 120000/- p.a

2.But will he be liable to TDS on payment basis as it definetly crosses Rs 120000/- p.a

cst rate is 2% against c form

cst rate is equal to vat applibale in the particular state

vat rate is 4% against declaration form in harayana

wht is the full rate of tax within the state without declaretion form

which tax rate will be applicable for the central sale without declaration form

vat rate 4 % or full rate of tax without declaration form (D1)

pls advice

I have two Query
1)If there is sale of residential flat and brokerage is paid whether it can be reduced from the sale consisderation to arrive a fianl amount to reduced from block

2)Can Interest paid on lease hold land for earlier year can be capitalised if in book it is booked on 1/04/2008 and paid on 31/12/08 than it will fall on 1ST part of year or second

kindly it is urgent