can a director of any public ltd co. take more than one sitting fees for having a board meeting and a commitee meetings held on the same day?

A pvt. ltd. company sold a fixed asset (Car). Should it have to pay sales tax/CST on sold amount of car? Comoany is registered under Sales Tax Act.

Should sales tax/CST is payable if assets destroyed/lost and insurance claim received?

Hello to every one i hope all r fine i have a doubt that i filed the income tax for the period f.y. 0809 and now i received the letter from directorate of income tax in that tax deducted at source for claiming (TDS receivables for me) i mention the tan number of the party wrongly so whats the procedure to rectify that whether revised or any possibilities is there can any one guide me pls.

Dear sir,
What is the meaning of tax free salary.what type of employees getting this type of salary.

Thanking you

Dear Sir,
Please suggest a weekly or monthly journal that updates me about Corporate Laws, Direct & Indirect Tax Laws etc. I am working in a medium scale company responsible for all the aforesaid matters. a combined journal covering all the areas will be highly useful for me

Regards
CA Rajpreet Singh
+9915135627

lack of information- we did not deduct tds from the rent (07-08)given to our landlord( soleproprieter)--
realising our mistake- we have now paid it-
the problem is: our ca says: calcutaion of tds as it was not paid last year (07-08)is
eg we paid 14k so tds calculation will be
14,000 rent tds ==2,558(14k*84.55*15.45%):--- which he says is necessary as otherwise we cannot account for thie tds in the last years figures!!!

for us it does not seem logical as as per this the rent we paid goes up. and we are paying extra tds every month & the same applies to interest on tds also.
as per us it should be 14k* 15.45%--2163/-
and our agreement with landlord is 14k?? how can we show more rent?? tomorrow it filing will be issue.

although we have paid the excess amount, but our filing is done as per actual's.that is 14k +2163+interest

can someone guide me as to the exact provision?? and whether the excess paid( more than 5k) can be used to make show tds paid in current month feb-09?

i feel lost as am getting contradictory replys from others

pls help.......!!!

TDS % for the income generated on Rent-a-cab operation, where the vehicles are dedicated operation for a project and also vehicles provided for non dedicated operations. ALSO MENTION THE SECTION OF INCOME TAX ACT

TDS % for the income generated on Rent-a-cab operation, where the vehicles are dedicated operation for a project and also vehicles provided for non dedicated operations. ALSO MENTION THE SECTION OF INCOME TAX ACT

IN A FIRM X AND Y ARE PARTNER HAVING LAND OF 1 LAC. ON 1.10.2003 M AND N ADMIITED AS A NEW PARTNER AND VALUE THE LAND 2 LAC, AND DUE CREDIT GIVEN TO OLD PARTNER, AND PAID FOR. NOW NEW FIRM HAVE PARTNER M AND N. ON 1.8.2006 FIRM CONVERTED IN TO PRIVATE LIMITED COMPANY. WITH DIRECTOR M AND N. COMPNAY NOW WANT TO SALE LAND. WHAT WILL BE CAPITAL GAIN TAX IN THE HANDS OF FIRM ON A.Y. 2004-05 AND IN HAND OF COMPANY ON A.Y. 2009-10. THE SALE CONSIDERATION IS 10 LAC.

IN A FIRM X AND Y ARE PARTNER HAVING LAND OF 1 LAC. ON 1.10.2003 M AND N ADMIITED AS A NEW PARTNER AND VALUE THE LAND 2 LAC, AND DUE CREDIT GIVEN TO OLD PARTNER, AND PAID FOR. NOW NEW FIRM HAVE PARTNER M AND N. ON 1.8.2006 FIRM CONVERTED IN TO PRIVATE LIMITED COMPANY. WITH DIRECTOR M AND N. COMPNAY NOW WANT TO SALE LAND. WHAT WILL BE CAPITAL GAIN TAX IN THE HANDS OF FIRM ON A.Y. 2004-05 AND IN HAND OF COMPANY ON A.Y. 2009-10. THE SALE CONSIDERATION IS 10 LAC.