An Employee do not produce to his EMPLOYER any document from begining of the FY i.e. APRIL,2013 but only produce a statment that I will save in TAX Saving Instruments like LIC,MEDICLAIM,HRA,TRANSPORT ALLOWANCE etc hence do not deduct any Income Tax from my Salary. Accordingly Employer does not deduct TDS from his/her salary in FY 13-14 till Mar,2014. The employee also do not produce any document to employer for deduction/exemptions from his salary. What is the responsibility of EMPLOYER not to deduct till Mar,2014 assuming that he/she must have saved. Also he/she do not demand TDS Certificate. Whether Employer will be penalised when scrutiny by IT Authorities,if no saving done. Without any TDS Certficate from Employer,if Employee files IT Return also log all savings of his own in the NSDL site and claim that his/her taxable income is below Rs 2.00 lakhs. In this case,there is NO responsibility of EMPLOYER under INCOME TAX ACT. Will Employer will be penalised,since no TDS certificate from EMPLOYER to EMPLOYEE

can any one help me,

Q: Is condition of qpplication of income u/s 11(1)(d) is applicable to the institutions covered u/s 10(23)(c)(iiiad) or (iiiae)?
plz plz reply

I am planning to sell a flat purchased 2 year back,just want to know how is the capital gain tax will be calculated and how can i save the taxes?

i have passed cpt of dec 2013 and pursuing degree final year , i wanted to ask that can i write nov 2014 ipcc exams and simultaneously join article ship after my final year exams.

when would submit service tax returns?

Please help with an example if any deduction can be claimed on the principal amount of NSC after 1st year?

Hey I want to clear CA-Final Exams in First attempt... My pre attempt is in MAY 2016... After seeing result percentage of Nov 2013, m a bit scared... plzz tell me How should I study? when shall I start my coachings... How much time is enough for preparation for CA- FINAL...

Dear Experts,

Our company under Central excise registration.
We made a job work some companies, That party also under Central Excise registration therefor we not charges any Service tax and Central excise duty. party is not a SSI unit he is large Excise tax payer.

Now our company going on C.E auditing audit party ask to jobwork notification letter that copy attested by the C.Excise commissioner. therefor we request to please attach any job eork exampt copy.

Dear Experts,

We made a sales invoice in Scrap sales we collect the TCS and we make the payment every month 7th of subsequent month. my clarrification is
1) TCS amount added to turnover or not? if it add which place we shown exact?
2) TCS amount how to rebate claim? please clarrifi?

Hi
I am owning a property, for which I am paying EMI. I am self-occupied and my wife works with an MNC. Previously, I was employed and claiming interest on housing loan. Now, as i am self-occupied and my wife working, i need to know whether she can claim the benefit of interest on housing loan, if she pays the EMI on behalf of me or jointly with me. Property is in my name only and i dont want to claim the benefit.
Thanks in advance.
Rgds
Ananth