Dear Members

Please guide me in the following matter

The books of account of assessee named ‘A’ (Individual) were under audit u/s 44AB in ASST YR 2006-07. He was also partner in a firm say ‘B’ and his account in the firm was overdrawn during ASST yr. 2007-08 and ‘A’ paid interest Rs. 1,30,000/- to the firm ‘B’.

So, my query is whether ‘A’ is liable to deduct Tax at source on the interest payment to the firm in which he is also a partner? And if ‘A’ has not deducted tax at source then the interest amount is liable to disallowance as expenses?

Please guide….

Is Stamp duty and registration charges on purchase of built house is eligible for deduction u/s 80C

could anybody tell me about deferred tax in detail i've no knowledge regarding deferred tax.plz help me out.

what is derivative trading ?

We already given an increment to the staff members & those amount is splitted to different component of salaries except lunch allowance of our organisation & we deducted pf & tds for the month of feb & deposited the same to the particular dept. now our staff asking for sodex ho meal pass to reduce the tds amount how it is possible to take back from their salary

hi
i m a student of CA PCC May 09 attempt
please suggest me a way to prepare for exam specially theory subjects
also suggest me names of refrence books
my tybcom exam is also in april 09
please help me out

Respected Sir,

I want to know when company Secretary is compulsary ? Suppose Abc's Pvt. Ltd.company is paid up capital is 50 Lac, is it compulsary to take Company Secretary full time or part time ?

You immediate response will highly appreasiate

With best regards,


Vilas Choudhari

Can anyone tell me that what is the criteria for taking up the industrial training? And, are there any listed companies under which the training would hold valid? If so can you forward me the list?

Respected Sir

What is rate of Depreciation on Land as per Incometax Act ?


Your immediate responce will be highly appreciated

with regards,

Vilas Choudhari

HI DEAR FRIENDS!

FINANCE MANAGER OF ONE OF MY CLIENT'S GROUP COMPANY HAS COME TO ME TO DISCUSS THE FOLLOWING:-
HE IS A FINANCE MANAGER OF MID SIZED IT COMPANY. HE JOINED IT IN THE MONTH OF DEC 07.
HE HAS OBSERVED THAT SALARY STRUCTURE IS NOT PROPERLY DRAWN THERE. WHAT SHOULD BE THE IDEAL SALARY STRUCTURE FROM TAX PLANNING POINT OF VIEW?...THEY HAVE TWO CATEGORIES OF EMPLOYEES:-
1. JUNIOR CATEGORIES - SALARY BELOW RS 10000/-
2. SENIOR CATEGORIES - SALARY ABOVE RS. 10000 to RS. 60000.

PLEASE ANSWER THIS QUERY...DO YOU HAVE BEST TAX-SAVER SALARY STRUCTURE?