In the first quarter i.e. from 1.4.8 to 30.06.8 the medical reimbursement for my boss was 7584.

In the second quarter i.e. 1.4.8 to 30.9.8 was 11376.

In the 3rd quarter was 22150.

Then while calculating for the advance FBT for each quarter what should be the FBT for the medical reimbursement for the company Ltd. and if in the 4th Quarter it is 5000 then what should be the exact FBT amount for the year.

As in the provision in Sec. 115WB (2)(E) the medical reimbursement up to Rs. 15000. What does it mean?

Similarly we are taking medical reimbursement for the employees of our organization than what is the procedure to calculate the FBT for the medical reimbursement for the employees.

Plz clarify me.

Regards

Ramsankar

Hello Experts,

Can u plz tell me Limit of Authorised Capital when we add words such as :
INDUSTRIES, BHARAT, HINDUSTAN, CORPORATION..
In companies Name.

Very Urgent.

have changed my job from Chennai to Jaipur in June 2008. I have applied for refund of PF and at that time I have an account with CITI bank Chennai. After leaving Chennai I have closed my bank account at Citibank Chennai and opened a new account at ICICI Jaipur.

PF office has remitted my PF amount direct with Citibank Chennai through RTGS under intimation to me.

Citibank is not confirming the receipt of fund and now I don’t have any account with them. I have made several correspondences with Citibank and PF office but no one entertaining my problem.

What should I do Please help.

Please let me know in private limited company is it possible to claim expenditure incurred by directors through his credit card, as business expenditure please its urgent please reply.

Such expenditure is in nature of hotel bill, petrol diesel etc please reply with reference to some section or case laws

hii everyone
is the last date for submission of advance tax for A.Y 09-10 for month march extended to 16th of march 09?

its urgent!!!!!

Conveyance (U/s 10 (14) )paid to employees in salary structure. FBT is applicable on that amount ?
If yes what's rate?

salary received by any MLA or MP is taxable under the head income from other sources as there is no relationship of employer and employee.
Is there any difference if any MLA or MP is a minister also and getting salary?

One of my friend has completed his CA from London. Now, in June, he will come to India for marriage and will stay here. I would just like to ask whether his CA degree in London will be recognised in India? and Whether he will get job in Industry of India?

Please also tell the cities which are good for him to start job?

A client has the degree of Architect but don't have the license for the same. He is started his own business in the location, Chandigarh. Now he is not maintaining any books of accounts.
1) I am confused to start from where.
2) His income is below Rs 2lacs.
3) Not maintained in P&L and B/S.
4) Head's of income shown is: Under the head of Consultancy & Contract.
5) TDS was charged under the head of consultancy and contractor.
Can anyone tell me how to go with it.

Regards
Mannu

A client has the degree of Architect but don't have the license for the same. He is started his own business in the location, Chandigarh. Now he is not maintaining any books of accounts.
1) I am confused to start from where.
2) His income is below Rs 2lacs.
3) Not maintained in P&L and B/S.
4) Head's of income shown is: Under the head of Consultancy & Contract.
5) TDS was charged under the head of consultancy and contractor.
Can anyone tell me how to go with it.

Regards
Mannu