sujit dash
24 April 2014 at 16:11

Gratuity trust

Dear Expert

Can u pls advice how the gratuty trust treat surplus money lying in trust account in case of liquidation of company.

The company is liquidated and have paid all the eligible emoloyee the gratuity (Who had completed more than 4.5 year).After paying to the employees some surplus fund are there in gratuity trust.

Request expert advice what is treatment of this .


kaushik
24 April 2014 at 15:46

Tds on additional warranty

Hello everyone,
can u please advice me regarding the applicability of TDS on additional warranty purchased for laptops for period of 3 years. If so what percentage should be deducted.


Ashish Gupt
24 April 2014 at 15:45

Gift tax

Hi

Pl share the rules about gift tax on the trasaction b/w father, father in law, spouse and children also exemption limit.


Hiloni Dedhia
24 April 2014 at 15:41

Interest paid by partner

Dear All,
Can anyone help me with this
A Partner has negative Balance in Capital and he pays Interest on Capital to the firm. Such Interest received by firm is assessed to tax by the firm. Can this Interest expense be claimed as a deduction by the Partner against Remuneration received from the same firm or be claimed as exempt? Please specify the section also


Ravi Jhamb
24 April 2014 at 15:40

Tds deduction

Dear Sir

I received bill from consultant he provided us consultancy service of Rs. 25000/- P.A.

He also charged Service tax on basic amt.

He gave own Pan card copy ag. bill.

should we deduct 20% tds for not giving consultancy pan card.



Anonymous
24 April 2014 at 15:39

Interest on late payment of tds.

Dear all,

The company made incentive provision for its emplyees of Rs 50 Lakh as on 31.03.2013, but the comapny paid the incentive to employees in september 2013 before filing Return of Income, TDS on incentive also deducted and paid in september 2013 and filed E-tds . Income tax department issued notice for Interest on late payment of tds. Should comapny pay the interest or is there any solution in avoiding ???? . Please give the solution and quote provision.



Anonymous
24 April 2014 at 15:29

Income tax

My salary is below Taxable Limit. Should I required to File Return?


Abhishek Kumar
24 April 2014 at 15:29

Interest on fd !!!

Dear Experts,
Pls let me know if Interest on FD can claimed for Sec 80C.
Is it liable to deduct tax.?

Regards.


Abhishek Kumar
24 April 2014 at 15:24

Huf related !!!

Dear Experts,

Can a member of HUF give gift to other member of same HUF...wat will be the tax implications??



Anonymous
24 April 2014 at 15:21

Itr

is there any risk of penlty u/s.271f in filing return after the end of one year from relevant financial year if tax payable is upto 500 rs. only ?





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