Mahesh 1977
16 March 2009 at 11:27

FBT

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


PANKAJ MISHRA
16 March 2009 at 10:45

income tax

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?


CA. SUJAL MEHTA
16 March 2009 at 10:39

Regarding Job

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?


Mannu
16 March 2009 at 10:37

Tax Treatment

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


Mannu
16 March 2009 at 10:35

Compliances

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


yogesh
16 March 2009 at 10:21

Housing Loan

Sir
I wanna know that client(individual) have forgotten to show housing loan taken few year ago and also property in Last year's returns and also not claimed deduction u/s 80C and now i wanna know that whether that loan & property can be shown in current year return & B/s. What is the procedure, compliance and tax implications in this case and whether client can claim 80C of loan installment paid and interest U/s 24 in current year ?


Neha Joshi
16 March 2009 at 10:17

Profession Tax Disclosure

Profession tax discloser in P & L a/c in a Pvt. Ltd. is made then what is Sec , rulke or law Act for the same?


Guest
16 March 2009 at 10:07

Import of Package software

Dear Sir,

I want to import a software from Europe for my business requirement. It will be delilvered on a CD.

I want to know do I need to decduct TDS from the payment which I make to this Company in Euros. This Company has no brach office in India.

What other taxes I need to pay to import this software like custom or service tax etc?

Regards

Amit


shashiraj
16 March 2009 at 07:34

depriciation

sir, what are the depriciation rates on buildings? what are the concessions available for rent out residential properties?


shashiraj
16 March 2009 at 07:33

depriciation

sir, what are the depriciation rates on buildings? what are the concessions available for rent out residential properties?






CCI Pro
Meet our CAclubindia PRO Members

Follow us



Answer Query