Hi can anyone help me out..
Mr X a citizen of India, was employed in UK and 'visited'for 2 months for not employment purpose but for personal purpose.
Later in the FY, he was deployed in India
for 6- 7 weeks as a part of employment.
Please can you help me whether he will be covered under the explanation 6(1)of the Indian Income Tax Act `1961
If we count the no of days in India for personal visits then he will be resident if Explantion 6(1) of the Act
a pvt/public co can become a partner in a partnership firm.
or pvt/pub co can form a new partnership firm.
rds
caranjeet singh
Dear Sirs,
If a company allowed their employees for individual mobile connection having CUG facility & mobile company generate 1 bill for all employees which will deduct from the monthly salary of employees & employer will pay thru cheque to mobile company then in this system employer will be liable for pay FBT tax ?
Please advice.
Thanks
Sir,
Are we liable to deduct TDS on the payments made to Hotels and restruants if the payments exceeds Rs 20000/- per bill. For example if some one goes for a business trip and book a lodge/hotel room for 2-3 days and the bill for the same exceeds Rs 20000/-. So, is it our responsibility to deduct TDS on the above mentioned bill or not. And we take cenvat credit for the service tax charged on it.
IMP:- There is no such contract with the party for hiring of rooms.
Kindly reply to the query.
Hi!!
I have my Finals due in November and i m really confused regarding my preparations relating to Audit , Law & MICS.
So how should i prepare 4 these 3 subjects and whose notes can help me out.
can a purchaser take VAT credit on the purchase of machinery items booked under the head repairs & maintenance?
Please advice me whether interest on FDR can be adjusted against interest paid to bank on loan taken for the security of the same FDR? what if the FDR is different?
Please reply asap
Thanks
What was the last date of return filling in the A.Y.2007-08 In case of Companies?
we are manufacturing company,exporting to various countries agst advances licences.we could not utilised all import benifits which were shown in balance sheets to show it healthy.is this treated as income?pl.help me
We are in trade business. we have different location / unit thru which sales have been made.
We have to pay service tax on transportation.
Please advise whether it is mandatory to take separate registration for each location / unit or by taking single registration in the name of registered office the payment / Return can be made.
Regards
Yogesh gupta
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
definition of visit under explanation 6(1) of the I. T Act