provision of section 40A(3)of income tax act apply if the amount is given in cash exceeds 20000 for advances against expenses ???

Gratuity is payable after 5 years.

But if company has its own policy to pay gratuity on superannuation / retirement / resigned after completion of 3 years.

Whether exemption form Gratuity is available for income tax purpose, if paid on completion of 3 years.

my ipcc group 1 completed in 2011 nov ,group till incomplete and am doing articles from march 08,2012.am do registraion of final attempt 2014 nov without group 2 pass ? or when will do final registration? plz clarify my query .i wrote group 2 last nov.

Hi,

We are going to remit 1.5 lakh to foreign official who come India as a trainee in Finance and accounts department.

Please confirm the tax implications , so that we can fill the 15 CB for your review and attestation.

As per our understanding it is Exempt under :

DTAA—As per Article 20 between India & Germany.

Income Tax act—Section 10 (16) –For Fellowship to German Nationals----Circular No 49 ( XXIII-12) Dated 13 Dec 1956

So no TRC is required.

sp please guide me how to deal for this transaction.



Thanks & Regards
Abhimanyu Singh
Mob. no. 8285392997

Suppose i worked on Sunday and after that, i took a compensatory Leave for that Sunday on the day of Monday. Leave on Monday is actually the Sunday that i have availed. Will this compensatory leave will be calculated in actual leave taken.

ABC LTD. paying salary of Rs. 12 laks to one of their director and in addition company also paid rent of Rs. 1 lakh p.a.

company deducted TDS on salary but not on Rent

please tell is company right in doing so?

in the above case contention of the assessing officer is that TDS was to be deducted on rent payment since Salary was in tax bracket?

Dear Sirs,
Our Company is planning form company in US and make an existing Indian Pvt Ltd company as a fully Owned subsidiary of a US based company.
Can some tell me about the formalities ?
How the shares are transferred to foreign company from individual share holders ?
Any capital gain tax applicable for such transfers.

Waiting for your valuable reply on this.Can guide me some who handle this Bangalore..

Dear sir please tell me
if we delay filed tds return q2,q3,q4 f.y 2012-2013, and tds traces (income tax department)send letter of demand of u/s late filing fee 234E and interest on late payment how to appeal to income tax department . Any high court decsssion for relife for .please tell me procedure in which from we apply

When an employee is paid salary what will be the entry

Hi

Recently we had incorporated a company,for that we had filled form 1,form 32 & form 18.

My doubt is how to find company incorporation status at ROC site using SRN..

THANKS IN ADVANCE.