Dear Sir,
Special Allowance paid along with salary for an employee. Is this exempt from Income Tax upto Rs.200/- per month (Annual Rs.2400/-) as per Section 10.
Pl clarify.
Where should this be shown in Form 16
Regards
S. Anand

Dear Sir,

My client is running a hotel, boarding and lodging business. It also arranges taxi , houseboat etc for the guest. Does the company have to deduct tax for the payment made for the taxi or to the firms which runs the business of houseboat? Kindly advise.

Regards,
Priya

Dear Sir,

My client is running a hotel, boarding and lodging business. It also arranges taxi , houseboat etc for the guest. Does the company have to deduct tax for the payment made for the taxi or to the firms which runs the business of houseboat? Kindly advise.

Regards,
Priya

we are indian incorporate company and almost all the investment in our company is made by forein entity(company) , here my question is can we need to close the books of accounts upto december 08 under the law , and also we have to close our books of accounts as at 31st march 2009. pls clarify my querry.

Hi,
Can anybody tell me is there any mechine available for cheque printing for office purpose (laser or ink jet not dot matrix, which uses loose chequ leaves.

Thanks and best regards

sudheesh

Is sticking Company sticker on a front page of news paper which is serving on International Airport, Volvo bus etc for 20 days for attracting potential customers will amount to advertising????


Can you explain the basic difference between advertising and business promotion???

i got a assessment order passed for my client in which the A.O. has disallowed rs 350000/- on account of Non deduction of
TDS and added back this amount as income on which tax is to be paid, similarly he has initiated a penalty proceeding against the company under section 271(1)(c),as the payment on which the amount on which tds has not been deducted was not intentional,it was paid to our contractor on the basis of Debit note sent the company,as was making deduction on the same while making payment to the transporter directly,can there be a ground or case law to qoute that when once tax has been deducted by the contractor the liability to deduct tax does not arise on the company. kindly help me out with this situation

CAN A UNIT OF SAME ASSESSEE RAISE BILL OF SERVICES PROVIDED TO OTHER UNIT?

TDS on salaries for the month of Sept 08 was Rs. 10000, however the payment of TDS was Rs. 150000 (Q2 return) resulting in Excess TDS on salaries of Rs.140000.

TDS on salaries for the balance 6 mths i.e. upto 31.03.09 is estm to be Rs. 60000
So how can the amount of Rs. 60000 be adjusted in Q3 & Q4 returns.

And the balance of Rs. 80000 can it be refunded.

Hi Sir,

When any gift received from someone upto 50,000 is exempted in the hand of receiver,
what about the giver, can he claim any exemption that he has gifted certain amount to somebody?
Please reply
thanks
Rajesh