$AcH!n G
23 September 2008 at 11:19

house property

I'M A SENIOR CITIZEN.
I'VE FOLLOWING INCOMES:

HOUSE PROPERTY LOSS ( 1,18,000)
LONG TERM CAPITAL GAIN 1,30,00,000
(FROM SALE OF HOUSE)
BUSSINES LOSS (2,00,000)
BANK INTEREST 1,00,000
1,27,82,000
LESS: DEDUCTION U\S 80C 1,00,000
1,26,82,000

WHAT AMT OF TAX I AM LIABLE TO PAY ?
@20% FLAT RATE OR AFTER GIVING EXEMPTION OF RS.1,10,000.


VIJAY

Hi,
Can we consider FBT on below mentioned expenses.?

1) Employee Insurance.
2) Bonus
3) Relocation charges
4) Placement Services


ravi verma
23 September 2008 at 10:59

tds deposited by mistake

well thanks sir, but i also want to know that can we adjust that deposited tds by not deposting the same under same head??b'cz we d'nt want to refund it as we have to deduct tds under same head regularly


navdeep
23 September 2008 at 10:43

amount wrong posted in returns

in service tax returns i have posted a wrong amount of commission from C & F.A.amt. rs. 282000 instead of 241728 & tax is also adjusted accordingly in returns & i dont want to revise my returns so pls tell wt accounting adjustment i can make in enteries so that it shows fair treatment can i show a dummy entry in this regard to tally my books amount with returns ?


Shweta
23 September 2008 at 10:34

services of work contract prior 01-06-2007



hi all

i ned to ask that

A company entered into a contract with a Cooperative Group Housing Society for construction of 100 residential units for their menbers.The contract wes executed in 2005 and finished on 31-03-2007. The company provided the services of works contract as per the aggrement and also paid VAT during that period. so whether service tax is applicable to such Co? and under which Chapter?.

Plz specify reasons and sections in ypur answer

thx

Shweta


RAMPRASAD
23 September 2008 at 10:33

Transfer of shares

We are a private ltd company. 50%of the shares of our company is held by one of our group company A ( pvt ltd).

Now Group company A wants to transfer its shares to another group company B (pvt ltd). Please tell me, whether Cmpany A can transfer the shares at Par value to Company B or is there any procedure to treat differently. As all are private limited companies I feel that I can transfer at Par.

Please advice.

please also send relvant provision to my mail id ramprasad@rksbbdo.com


navdeep
23 September 2008 at 10:24

interest on late depositing of t.d.s.

i want to know that if we submit late deposit of our t.d.s. i.e. after 7th of next which is due date of depositing t.d.s. then what is int. liablity onm us?


GANESH DURAI IYER
23 September 2008 at 10:23

Earnings Per Share (AS-20)

The following informaion is given:

Income from continuing operations before extra-ordinary items and tax: Rs. 13 Lacs

Tax Rate @ 30%

Extraordinary loss ( Net of tax) Rs. 3 Lacs

My query is whether Rs.3 Lacs extraordinary loss has to be deducted from Rs.13 Lacs and tax has to be calculated on the remaining Rs. 10 Lacs? Kindly advice.


RAMPRASAD
23 September 2008 at 10:12

Formation of Private Limited company

Dear All

Can anybody help me to draft Memorandum and Articles of a Private Company. For e.g What are all the main aspects to be spelt explicitly in the Memorandum & Articles and what all are implied if the Articles are silent etc which would be taken care by the adoption of Table A.

My email id is ramprasad@rksbbdo.com


Anupam

hi
plz let me know if a driver is hired for the vehicle for demo purpose, whther the amount paid to driver is liabale to fbt or not.
plz make it clear in detail

thx & regards

anupam






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