losses from commodity trading through recongised stock exchange, whether the loss is speculative loss or business loss
if there is Salary Income and Professional Income. Salary is below taxable limit, and if we add the professional income then it exceeds the basic exemption limit. form no.16 is not provided by the employer. without form 16 whether the income tax return can be filed ( i.e salary income and professional income)
Whether relocaion expenses paid by the employer to employee to relocate from the place of residence or any other place to the place of office attracts FBT.
If, so under which caegory it attracts?
i am a fresher and interested in specialization in finance how should i go about learning various terms and concepts in finance.
Sir,
May I know the difference between individual and HUF. And what the benifits if one properity shows under HUF and what the benefits if the same properity shows under Individual. which properities shows under HUF.
Thanking you sir,
Regards,
Madan.
can someone explain me the accounting effect in respect of conversion of an agricultural private limited company into public limited company with same objects........!!!! plz help me...
Is it true that for assessees who are dealing in shares or any other securities have to submit a special Audit Report or any other special report?
If yes,
Then to whom it ia to be submitted?
Where one company uses the services of another Indian company which is an agent for foreign airlines for transportation of air cargo which is export what is the effect of Double Taxation Avoidance agreement with effect to the above
DEAR FRIEND/S,
A CHENNAI BASED COMPANY IS HANDLING OUR EXPORT CLEARANCES THROUGH CHENNAI , TUTICORIN N JNPT PORTS AND WE ARE PAYING REGULAR SERVICES CHARGES FOR THIS SERVICES.
AGAINST OUR EXPORTS, WE ARE ELIGIBLE TO GET EXPORT INCENTIVES MAINLY DUTY DRAWBACK WHICH IS GIVEN BY WAY OF CHEQUE OR DIRECT CREDIT TO OUR DUTY DRAW BACK A/C IN THE RESPECTIVE PORTS. THE ABOVE MENTIONED PARTIES ARE CO-ORDINATING WITH THE CUSTOM AUTHORITIES IN THE RESPECTIVE AREAS AND GETTING US THE EXPORT INCENTIVES TO US, FOR THIS WE ARE PAYING SERVICES CHARGES AGAINST THEIR BILLS.
PLEASE CLARIFY THAT, FOR THE PURPOSE OF TDS THE ABOVE MENTIONED SERVICES SHOULD BE COVERED U/S 194C OR 194J.
BEST REGARDS,
M.SATYANARAYANA
company will provide a mobile piece for use. Is it a taxable perquisite?
As per the provisions of Sec 17(3) read with Rule 3, use of any movable asset by the employee is a taxable perquisite to the extent of 10% p.a of the actual cost of asset to the employer.
if it's taxable perquisite, is it sufficient of including the value of perquiste in total income of the employee and deduct TDS on that total Income.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
speculative losses or business loss