I am receiving salary from US company. Company has not yet started the office in India and hence not applied for Tan or Pan. Can we pay tax against the salary that we are receiving from US with our PAN no (Individual)? Or it is a responisbility of Employer?
Can anyone advice me how to apply for TAN No. for deduction of TDS, I think only applying for TAn NO. is sufficient for deducting TDS and other related formalities like quarterly deposits and return filing. Can anyone explain me the details procedure and the office in south delhi where this formalities will be done. My client office is in Lado Sarai, South delhi.
pls give me clearity about amendment under rate of unfernish accomodation should be consider in examination pe-2 nov -2008 or we continue with old rate as institute dont secify about this matter
The authorised share capital of the private limited company was Rs.1.00 Crore as on 30th Nov.2007. After passing the resolution in Extra Ordinary General Meeting it was increased to Rs. 2.00 Crores. But,the fees for increasing the authorised share capital was paid int he government treasury in delhi on 26th Sept, 2008. The Form 5 was also filed on 26th Sept, 2008.
As on 31st March,2008 can we show as under:
Authorised capital - 2 Crores.
Paid Up Capital - 1.50 Lacs
Share Application Money - 1.00 Crors.
Salary provided by company is liable for TDS.
e.g. A company has provided salary to its staff for the year 2007-08 (A.Y. 2008-09) and no TDS was deducted and paid till today. Total amount of Salary payable for one staff membre after deducting Rs. 1,00,000/- u/s 80C is Rs. 3,00,000/-. Whether we should disallowed the salary while filing return of the company.
Hi
I have incurred expense as follows;
Security Service charge Rs. 100
Service Tax on that Rs. 12.36
Total 112.36
I have also taken the input service tax credit for Rs. 12.36 and balance i.e. Rs. 100/- is reimbursed by the company on whose behalf i have incurred expenditure..
Please tell me that is there any non compliance of service tax cenvat rules...?
Rohit
I have a qurery. Under Income tax any payment exceeding Rs. 20000 in cash is disallowed. Does the same applies to Capital Expenditure also. Like if a person purchases a laptop of Rs. 40000 in cash making one time payment then depreciation on it will be allowed or disallowed.
PLZ GIVE CONFIRM ANSWERS
Respected Sirs,
please confirm me as per VAT act whether vat should be calculated after considering freight charges or transport charges with basic value.
we came across many situations in my company in which vendors use different methods in their invoice in computing VAT.
which is the correct way invoicing bill for computation vat
warm rgds,
ravi
Can you explain the salary (What basis the salary to give employees for ex: Annual salary is INR 2,00,000 how to split up this one (Basic, DA and all allowance is their is any percentage or what basis.
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