Hi,

A Senior Citizen Employee getting Annual Gross Salary 36,00,000.
His LIC is Rs. 1,00,000 and nothing other deduction or allowance.
Accordingly his taxable Income for F.Y. 2012-13 is Rs. 35,00,000.
Accordingly we deduct taxes Rs. 9,01,250.

Now we got an Intimation U/S 154 by Income Tax department:- we deduct short TDS Rs. 5,150 and they charged Interest Rs. 714 also. I have downloaded Justification Report also, according to that they deduct TDS on General Men Category.

We deduct TDS on senior citizen as usual correct slab rate.
Now What we should do against this.

My Company is proposing a Lease of a plot with unrelated Company.My company is the Tenant or Leasee in the case. Please clarify the procedure.

Dear Friends
My client is running many educational institution under registered u/s 12AA. some of institution has revenue less then Rs. 1 crore or more then 1 crore.

My client want transfer extra fund from saving a/c to mutual fund so can earn interest with higher rate.

Can any restriction under the income tax act regarding above investment or deposit

my question is: if a builders company is only constructing educational institutions like college or schools, will service tax liability be exempt or tax liability exist?

i need a help....i havn't clear mine ipc first group but mine graduation is clear..i had also take ott nd itt training...so am i elligible for articleship training under ca..????pls rply..

I have heard that no physical copy of admit cards will be sent this time may 2014 onwards !! my question is that now what to do ? is print of online admit cards valid ?? do I required to any other documents at exam centre along with admit card ??

hey guys plz help me out of dis trouble.. I've missed the dates of itt training registration..nd den in panic registered myself on dates which is not at all possible for me to go on.. what should I do now? nd is it compulsory to do itt training before articleship.?

If the spouse of assessee is joint owner in the registry of house/property and receiving rent for the same then is the interest earned on fixed deposit (gifted by assesse) and the rent received by spouse be clubbed in the income of the assessee?

sir mai cs executive ka student hu.mai coa afford nai kar sakta to maine icsi elearning se coa lene ka socha tha par maine jab unke demo lecture dekhe to wo english me pura explain karte hai aur mujhe kewal 50-60% matter samaj me aa raha hai
sir koi sahi guidance dijiye jisse mai self study kar ke executive module 1 nikal saku aur mujhe koi acche study material ka suggestion dijiye.......

I wanted to ask that relevant amendments for may 2014 for Financial Reporting given in RTP are they imp for exams.....plz help & giv guidence Thnx in advance madhushree somani