Assessee is non specified employee. (Cash taxable salary is less than 50K)
His electricity and gas bills for the year to the tune of Rs 10,000 are directly paid by employer to the electricity/gas companies
His domestic servant wages of Rs 25,000 is being reimbursed by employer.
How much will be the taxable perquisite for the assessee
I have my family Temple where we perform Nived & Other Family Ceremony during Navratri. the religious activities are restricted to my family only .
Now my family members put the cash & ornaments in the Box kept in Temple
I have invested the same money in Bank FDR , so that Expenses of the temple is met out of the same.
Now I receive nearly interst income of Rs 1.00 lacs
So Bank deduct TDS from the same , now I want to Claim Refund for TDS but I dont have PAN CARD ,
My Query is Under Which Categoty I will get the PAN CARD , and also pl send Format for any supporting documents if required for making PAN CARd. I dont want to get registerd my Temple as a Trust.
1.If a Fixed asset put to use and remain idle for some time, then whether we can calculate depreciation on the same as per companies act and as per accounting standard? and what is the provision for the same in Income tax act?
2.Revaluation to a fixed asset is acknowledge by companies act and as per AS 6 we can calculate depreciation on revalued figure? but it is not clear to me whether revalued amount is accepted for depreciation calculation as per IT act?
Please help.
Dear SIr,
If in the cmoputation i have added back the Income tax paid amounnt which i had debited in P&L than where it will come in filling up of ITR-6
Dear colleagues,
In one of my scrutiny assessment,assessee has around 4 lacs creditors which are not confirming say bogus and likewise 3 lacs debtors (bogus).
What will be addition
4lcs or 7 lacs or 1 lacs.My contention with A.O.is it should be 1 lac (net of creditors & debtors)
Kindly have your view
Regards
c.a.paresh zatakia
what is capital gain account. and what is benefit of such account.
plz reply soon.
please guide me whether an article can change his articleship from one firm to another.
Dear sir,
Can anyone provide export documents in excel or word format. Or mail me at rapidoverseas@bsnl.in
respected sir/madam
under which head i will show the partners remuneration (income from salarise/business or profession),if salaries head, can i split the HRA, Conveyance from remuneration? and claim it exemption?
thank you
Balu
is there any expectation of date extenssion of retun filing as 30th september is bank holiday
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Salart - Taxable Perquisites