Hi,
How should a good salary package be formulated so that it attracts the least amount of income tax? Say for a package of 10 lakhs. The package has to be a mix of reimbursements and other perks and exempt incomes so that neither the employer nor the employee are much affected by the tax payout.

Thanks,

As per latest Notification No.31/2009 dated 25/03/2009 issued by CBDT, it is mandatory to pay TDS / TCS by online.
However as per Maharashtra Co-Operative societies Act, 1960, Any Co-Operative Societies are not permitted to operate Bank other than District Bank or Maharashtra State Co-Op. Bank Ltd.
My Query is :
(1) These Banks are not having such online payment Facility.
How Co-Operative Sector Pay Taxes.?
(2) Whether CA’s are permitted to open their own A/c in Bank and collect TDS amount
from client and Pay Tax by online on behalf of such Co-Operative Society?

a person acquire house from his father who purchase it for rs.500000 and incurred 18000 as registration charges.then he sold it

what should be the cost of acquisiton
500000 or 518000????//

plz rply

a person acquire house from his father who purchase it for rs.500000 and incurred 18000 as registration charges.then he sold it

what should be the cost of acquisiton
500000 or 518000????//

plz rply

I am getting termination from my pricipal after 2 years of articleship..Is it compulsory to get sign in Form 120 along with 109????

HI I am CPT cleared candidate and i am trying hard to join any firm out of top 20 firms but they are not considering me.

Infact i am not able to know when a vaccancy arises in them.

Can any one help me out in getting in any such firm.

In which case/cases Internal Audit is compulsory for an organisation ?

what we have to study for PCC june 09 for Audit paper whether AAS or SA?

Plz tell me the diference between TDS AND TCS???????

If the refund cheque has became out of date and the cheque was returned by the bank in courier but cheque was lost during transit what is the procedure for getting another duplicate cheque