If employee incur some expenses for tea & snacks, out of office (not on food like lunch or dinner)

The nature of expenses incurred on tea & snacks are staff welfare, but I want to know, whether this amount is also applicable for FBT or not ? especially talking about the tea & snacks not about the food.

Please tell me in brief that what type of expenses related to staff welfare are covered under FBT ?

Why money is appreciating against doller so fast. what are the factors contributing to it. What are the other factors that can contribute to money appreciation. is it good for economy. what are measures to stablise money

Why money is appreciating against doller so fast. what are the factors contributing to it. What are the other factors that can contribute to money appreciation. is it good for economy. what are measures to stablise money

Q. What are the procedure and requirement to get the license for EPCG ?

In case a servive provider crosses the exemption limit provided to small scale providers for the first time. He has to pay tax only on that amount which exceeds Rs. 800000.But if in the next F.Y his gross receipts fall down the said exemption limit then what will be the taxability of the services provided by him.

Whether interest payable on loan taken from banks for construction of a house on the land owned by wife, can be claimed as deduction under section 24 of I.T.Act by the husband in his personal return? Is it necessary that the land must be owned to claim deduction of interest payable on loan taken for construction of house?

I have just passed out of CPT held in August 07. I am also a student of FYBCOM

I would like to know the Articleship Option available from Thane/Mulund Area as I am a resident of Thane and have to undergo coaching for CA Inter.

Kindly help me out so that I can approach the CAs in Thane for my articleship.

With regards

Girish Venkatesan
D3/701, Vedant Complex
Vartak Nagar
Thane (West)

Hi,

This is Saurabh, any one can contact me for any kind of Microsoft Office Excel queries.

Income from future and option (trading in share market n commodity ) will come under which head of income.

2. If we treat this income as business income whether tax audit is applicable for turnover ?
3. kindly tell me the section in which this income is under perview