Anonymous
28 March 2014 at 11:21

Professional tax limit


During his previous employement of an employee professional tax was deducted.Then He joined the new company the same professional tax was deducted again. As per income tax law what is the maximum limit considered for deduction of professional tax?



Anonymous
28 March 2014 at 10:52

Excise modvat on import

Dear Sir,

We are a trader of Imported Goods.
And Excise duty paid by us at the time of custom clearance.
The same material Export to Nepal.
Now I want to Know that can we claim for Modvat of Excise. And we are not a Registered under Excise.

kindly advice to me for claim the MODVAT


Shankar G
28 March 2014 at 10:38

Tds on rental payment to university

Hi,

We are going to pay rental to University for an amount of Rs.3.00 PA. Can anyone confirm, should we deduct TDS on rental payment under section 194I,if so, can you share which sub para we have to refer. since university insisting us not to deduct TDS.

Regards
Shankar G
9962571414



Anonymous
28 March 2014 at 10:20

Cash received on marriage

Hello Experts,

Last year on my marriage, I received sum of money in cash from my relatives and parents. I know this receipt is not taxable.
However, I would like to know that, whether could I add this cash into my balance sheet and increase the capital? or any kind of agreement or deed I have to prepare to add this cash in my balance sheet?

Thank you in advance sir.


Asmita
28 March 2014 at 10:14

Service tax invoice

Whether i can make invoice on 29-3.2014 instead of 31.3.2014 of professional fees for the month of march 2014? Also payment of service tax can be made on 29.3.14 (January to MArch 2014 invoices)


Mukesh
28 March 2014 at 09:58

Salary breakup

Dear Sir,
Please how to breakup / calculate salary the salary in pvt. ltd. gross salary Rs. 23000 to 25000.(exp. basic, hra,All types of allowance like. medical, telephone conveyance etc for tax saving point-view) its very urgent. Please explain tax exemption amount. Please provide in excel format for future purpose.
mail id. mukeshkumarmishra@y7mail.com

Thank you.



Anonymous
28 March 2014 at 09:58

Amway business commission income

Dear Sir
Pls tell me if anyone is getting Commission income of Rs 9779/- from Amway business and TDS U/s 194H deducted Rs 978 , then to get that amount refund how to treat this income in return filling.


Accounting Home Services
28 March 2014 at 09:44

Tds

Dear All,

BY MISTAKE I HAVE PAID TDS RS. 4100/- U/S 94 'C' BUT ACTUALLY THIS AMOUNT I DEDUCT FROM RENT PAYMENT. I HAVE TO PAID U/S 94 'J' NOW WHAT I HAVE TO DO...
AFTER MARCH WE SHOULD FILE TDS RETURN FOR Q-3 (MISTAKE HAPPENED IN JAN MONTH)

PLEASE ADVICE.


Abhijit Rane
28 March 2014 at 09:25

Inspection by shareholders


FOR PRIVATE COMPANIES IS IT MANDATORY TO PROVIDE FIXED ASSET REGISTER FOR INSPECTION FOR SHAREHOLDERS?



Anonymous
28 March 2014 at 09:15

Purchase of shares

Dear Expert,
I am a salaried person. For the Financial year 2013-14, I have purchase shares of Rs 60,000 through Demat Account. All shares hold during the financial year.
What is the tax effect of salaries.

Pl advice.

Thanks.






CCI Pro



Answer Query

Company
19 October 2026
Accountant

Jari Saree Center

New Delhi

Others

View Details
Company
21 October 2026
CA INTER/ BCOM WITH EXPERIENCE

CA S KUMAR GUPTA & CO

Amritsar

CA Inter

View Details
Company
ARTICLESHIP 07 November 2026
Article Assisstant

DPV & Associates

Chennai

CA Inter

View Details
Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details
Company
ARTICLESHIP 29 October 2026
Article Assistant (CA Inter / CMA Inter) - Thrissur

Varma Raja & Associates

Thrissur

CA Inter

View Details
Company
19 October 2026
Accountants/Articles (Freshers/Experienced)

ADY & CO.

New Delhi

Graduate (Any)

View Details
Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details
Company
ARTICLESHIP 23 October 2026
Articled Trainee

J Y & CO

Hyderabad

CA Inter

View Details