My query in Allowing Conveyance Allowance to employee by employer at the tome of finalise Form 12 B of Employee.

I am looking after accounts of my client and his employee submit Conveyance allowance by giving simple voucher for travell to one place to another place for office work, and he ask to my cleint to adjust said amount against his total salary as he do not want to deduct TDS on said amount.

So up to what extend it is allowable? as per IT rules Rs.800/- per month allowable but in addition of that is any amount allow under conveyance allowance OR any other way to save Tax by employee from his salary?

Thanking you,

Jigish Shah

My query in Allowing Conveyance Allowance to employee by employer at the tome of finalise Form 12 B of Employee.

I am looking after accounts of my client and his employee submit Conveyance allowance by giving simple voucher for travell to one place to another place for office work, and he ask to my cleint to adjust said amount against his total salary as he do not want to deduct TDS on said amount.

So up to what extend it is allowable? as per IT rules Rs.800/- per month allowable but in addition of that is any amount allow under conveyance allowance OR any other way to save Tax by employee from his salary?

Thanking you,

Jigish Shah

whether TDs on digital photo shoot will be categorised under contractor or professional services?


what should be the rate and under which category?

A private Limited company with Rs.10,00,000/- Authorised share capital want to increase authorized capital. What is procedure to be followed by a company.

Thanks in advance.

Dear all,

i want to know what is the rate of tds to be deducted on payment made to port office for ship landing fees.
will it be a contract or will it be rent.

Dear all,

i want to know what is the rate of tds to be deducted on payment made to port office for ship landing fees.
will it be a contract or will it be rent.

Dear all,

i want to know what is the rate of tds to be deducted on payment made to port office for ship landing fees.
will it be a contract or will it be rent.

the job worker receives raw material or semi finished goods from manufacture of excisable goods & return to the same manufacturer after process.

Q.1 Is service tax chageable on service render by job worker if processed goods will be cleared on payment of duty from manufacturer ?

Q.2 Is service tax chageable on service render by job worker if processed goods will be cleared from manufacturer under ARE3 (Deemed Export)or under ARE1 (Export) without payment of duty ?

sir
can we appoint any relative esp(son/daughter) of director as auditor of that company??

plz reply

I have two Pvt. Co. namely A ltd. & B Ltd. In which our share holding pattern are as bellow:-
Equity Share in A Ltd. 25%
Equity Share in B Ltd 7%

B ltd given loan to me Rs. 22,00,000/- is it deemed dividend u/s 2(22)(e) of IT Act?

A ltd given loan to B ltd Rs. 2,00,000/- is it deemed dividend u/s 2(22)(e) of IT Act?