S.Vinothbabu
27 February 2009 at 23:04

TDS or Income Tax

Employee works in a company from Apr1 2008 to

March31, 2009.

But he receives his annual salary of 600000Rs on Apr 10, 2009.

Will this constitute under Income Tax or TDS?

Please provide with sections.


CA Ankit Verma
27 February 2009 at 22:14

Gift Tax

1) If I wanna gift Rs. 100000 to my mom will I have to pay any gift tax?

2) Will I have to make a gift Document?

3) Do I have to submit such document to avoid my mom from paying tax on it? If yes then where do I have to submit it?


parimala k
27 February 2009 at 21:01

Excise Input

TEST

PLEASE IGNORE THIS.

THANKS


Guest
27 February 2009 at 19:45

Query Regarding Form 23AAA.

I wish to place my query regarding Form 23AAA. Kindly give me some tips for the process. If possible, send me the format of board resolution and details of attachments to be made for the form. THANKS.


prashant

In one case the aso refered to vo for valuation of land as on 1981 under sec 50c. actually the property is inherited and pruchased by the ass father in 1968 .
Can the aso send the same to vo for purchase price of the property under this sec50c? the vo has taken comparative sale instances of 1981 but the ass had gone by the basis of municipal jantri as in 1981 which is much higher then tehe comperative sales instances. THIS HAS BROUGHT THE LTC FROM LOSS TO PROFIT AND HUGE DEMAND.


Rohit Bihani
27 February 2009 at 19:06

Procedure For Termination

What is the meaning and procedure for termination? also tell regulatory sections applicable and forms of termination.


RAMESH BABU
27 February 2009 at 18:39

items for HSN codes

Sir,

pl list the goods for tariff headings(HSN codes)2707,2708,2710 19 10,2710 19 20,2710 19 50,2710 19 60,2710 19 70,2710 19 80,2710 19 90,2711,2712,2713,2714,2715.

pl help me
Thanking you,

yours faithfully


G Ramesh babu


Gopal sonecha
27 February 2009 at 18:18

Typical Issue

Dear Sir,

Returns of Directors are filed belated ............
and cash position is also not enough that it can be adjusted in cash........





there is a typical situation in one of my clients.
Que:- Minimum 2 Directors are required for formation of a PVT Ltd Co.
Now in the case of my client 2 Directors subscribed to Memorandum in August 2007. Now the point is only one of the Director made the payment for his share capital ie 50000/- and another director forgot to make payment of Rs 50000/- for his share.and he filed his return of income without showing 50000 as his investment in shares of this pvt ltd. while another who has made the payment and acquired his shares has shown in his personal bal sht.
Now the Question arise is
(1) Return of this Co is not yet filed for the P.Y.2007-08, now for filing of return of this co what technical issues arises and how to overcome them.
(2) what abt the co..
(3) what abt the director who has not acquired his shares and filed the return??
(4) what other points arise in this situation??????????






Gopal sonecha
27 February 2009 at 18:17

Typical Issue

Dear Sir,
there is a typical situation in one of my clients.
Que:- Minimum 2 Directors are required for formation of a PVT Ltd Co.
Now in the case of my client 2 Directors subscribed to Memorandum. Now the point is only one of the Director made the payment for his share capital ie 50000/- and another director forgot to make payment of Rs 50000/- for his share.and he filed his return of income without showing 50000 as his investment in shares of this pvt ltd. while another who has made the payment and acquired his shares has shown in his personal bal sht.
Now the Question arise is
(1) Return of this Co is not yet file now for filing of return of this co what technical issues arises and how to overcome them.
(2) what abt the co..
(3) what abt the director who has not acquired his shares and filed the return??







Keerthilakshmi B R
27 February 2009 at 18:12

TDS on directors' sitting fee

Please let me know whether TDS has to be deducted on sitting fee of a director and the reasons for the same. Thank you





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