Anil

The TDS deducted for a salaried employee takes care of his entire tax liability for the year.His tax liability for the year is more than Rs.5000

Does that person has to check whether he complies with section 211 of IT Act to see whether 30%, 60% and 100% of his total tax liability for the year is deducted and paid to IT dept. before 15 Sept, 15 Dec and 15 March respectively?

If not, which is section that says section 211 is not applicable to salaried employee?


Anil

The TDS deducted for a salaried employee takes care of his entire tax liability for the year.His tax liability for the year is more than Rs.5000

Does that person has to check whether he complies with section 211 to see whether 30%, 60% and 100% of his total tax liability for the year is deducted and paid to IT dept. before 15 Sept, 15 Dec and 15 March respectively?

If not, which is section which says section 211 is not applicable to salaried employee?


Karuna Sethi
13 March 2008 at 12:04

relationship- Offer & Acceptance

I have not understood words by Sir WILLIAM ANSON"acceptance is to offer what a lighted match is to train of gum powder"


Karuna Sethi
13 March 2008 at 12:01

Privity of Contract-Exception

4.where there is assignment of contract< the assignee can enforce the contract for various benefits.
Give a case so mthat I can understand it easily


Karuna Sethi
13 March 2008 at 11:57

Doctrine of frusturation

What is meant by Doctrine of frusturation? Explain it with an easy example


MANISH

MR. SAMPAT JAIN can u please provide the detail of this Circular Nos. 661 and 681, dated 8-10-1993 and 8-3-1994, respectively for the TDS on telecom service
i want to know whetjer i should deduct tax before payment to airtel for interenet connection i had accuired


Rajkumar Maheshwari
13 March 2008 at 11:45

Investment in Fixed Deposit

is investment in fixed deposit is eligible for deduction u/s 80 C in income tax or any other section.


agarwal ankur
13 March 2008 at 11:44

excise on Boiler

hello sir\madam
FACT MY company is purchasing the parts of Boiler FROM THE MANUFACTURER to install the boiler in the factory(PAPER& DUPLEX BOARD) moreover excise dept. has just issued a notice to us for the confirmation that we r PAYING the excise or not on the Boiler

my query is that wheather we r required to pay the excise duty on the boiler or not bcoz we installing the boiler bcoz it is not possible to purchase the redymade boiler if there is any notification \circular or exemption plz quote it or any legal evidance or judjment plz tell me

thanks
byee


Rajkumar Maheshwari
13 March 2008 at 11:39

Deduction U/s 80 C

is Investment in Mutual Fund is eligible for Deduction U/s 80c or any other section for income tax.


Mahesh
13 March 2008 at 11:35

Return for deceased assessee

Sir,
1) Assessee having income from truck plying was deceased in June 2006.
2) His returns for A.Y. 2006-07 and 2007-08 are pending till date.
3) How will the returns be filed? whether in his name or in the name of his successor?
4) What are the provisions w.r.t. old saral form 2D (for the year 2006-07 when assessee was alive and w.r.t. new ITR-4 when he is deceased.
5) How the PAN would be cancelled.
Thanks in advance.






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