I am a CA Final student. I am going to appear in CA Final exams in November 2008. I want to know that how many test papers I will be required to send under the postal test paper scheme so as to get the eligibility certificate.

is t.d.s.to be deducted from the payment made to clearing and forwarding agent u/s 194 C of income tax act?

If a person retires, but does not withdraw his PF and interest paid to him is liable to TDS or not. Please reply at shreyanskavdia@yahoo.com

CAN A COMPANY ISSUE FORM NO. 16 SHOWING TDS PAYABLE.

Hi,
I am a CA final Student, i want to know how much leave i allowed during article ship and if leave is taken for B.COM examination, is it counted in the allowed leave. pls also tell me how much leave i can take for CA final exam?

Accounting Code to be written on challan for payment of service tax on Rental of Property

Can an assessee avail more than one Capital exemption?

For example:
If an assessee has sold an industrial undertaking and invests the capital gains in 1 residential house, invests in specified Bonds, purchases a industrial land in other than urban land and also purchases a industrial land in SEZ
Can he avail exemption u/s 54EC, 54F, 54G, 54GA?

HOW CAN MY CLIENT GET REFUND OF SERVICE TAX IF PAID ON EXPORT OF SERVICE UNKNOWINGLY.

Sir,
Encashment of Earned leave is exempted to the extent of 3,00,000/- at the time of retirement. Balance if any is taxable under the head "salaries".

If a PSU is providing rent free residential un furnished accommodation, whether the encashment of earned leave (actual amount-300,000) and half pay leave at the time of retirement should also to be considered for calculation of perquisites?
Kindly clarify whether encashment of leave should also to be considered as salary at the time of retiremnt for calculation of perquisites.
If that is the situation, there will be more tax on account of perquisites at the time of retirement of an employee. In such a case, employee better to vacate the house before the year of superannuation to avoid the incometax.

Hi,

Our Company is giving Rs.25,000/above Rs.25,000 as a gift.

It is chargeable to tax, so straight away 30.90% will be deducted as a tax.

Can any one provide better way for receiving this gift (under any other form) so that minimum tax will be deducted and we will get maximum out of Rs.25,000 ?????

Whther there is any scope of saving tax by paying FBT ????