Anonymous
30 December 2013 at 18:48

Bonus

howmuch the salary amount for bonus eligibility????


Rajpreet Singh

HI
Suppose a salaried person is paying a rent of more than one lakh in a year and as per notification Of CBDT now he is required to submit PAN number Of landlord. Now if Landlord is not providing the his PAN details and the tenant is actually paying rent of more than One Lakh p.a as rent so what all steps tenent can take to show the company that he is paying rent more than One Lakh but landlord is willingly not providing Pan Number to him. And suppose tenent submitts the agreement copy in absense of PAN details of landlord will it work.



Anonymous
30 December 2013 at 18:16

Tds penalty payment

Please suggest me, which code should I use for ITNS 281 Interest payment in TDS raised u/s 200A?

Type of Payment Code* : ???





purshotam vyas
30 December 2013 at 18:08

Holding & subsidiary relationship

Dear all,

I want to know in following case there is any holding-subsidiary relationship or not ?

Case:-
A ltd is holding 48% in B ltd and B ltd is holding 6.5% in A ltd. In both companies there are three directors and out of them two directors are same in both companies.

My question is that- criteria of holding more then 50% is not fulfill so this criteria is not applicable. another criteria is having control in majority composition of director. so if more then 50% directorship is same then can it be treated that control and management is same ?

Thank you so much in advance.........


Hitesh Patel

As per Section

"""Sub-section(2A) of section 192 provides that in respect of salary, payments to employees of Government company, co-operative society, local authority, university, institution association or body, deduction of tax at source may be made after allowing relief under section 89(1), if allowable
2. Rule 21AA, however, requires furnishing of particulars specified in this form. The particulars relate to salary received in arrears or in advance, gratuity for past services of five years or more, compensation at or in connection with termination of employment and commutation of pension which are to be computed in accordance with the provisions of sub-rules (2), (3), (4) and (5) of rule 21A, respectively.
3. Form 10E should be furnished by the assessee to the employer who is responsible for deducting tax at source."""

I Have three doubt about this::-
1) Is this mandatory to file either Employer or Income tax Dept in respect of arrears of Salary ?
2) Is Online Form 10E mandatory in connection of arrears of salary??
3) If I do not file online Form 10 E, What is consequence??



Satish Kumar Umar
30 December 2013 at 17:58

Service tax registeration

100 % export oriented units . Transportation exp. paid. under reverse charge partnership firms are required to get service tax registration . In case of export firm service tax is refundable from service tax department. What should be done.



Anonymous
30 December 2013 at 17:36

Tds

Property Purchased over Rs. 50 Lacs and tds have to collected from seller 1% on sale price. what is the systems for compliance.


RAVINDER
30 December 2013 at 17:35

How to reset the income tax password.

Dear sir,

I have filled my income tax return last year and my return was filled by an Advocate and now he is not in my contact and i want to fill my Income Tax Return for the AY 2013-2014. but i don't know my income tax password apart of that i don't know the answer of the secret question.

please suggest me how can i get my income tax password for filling the income.


Jitendra
30 December 2013 at 17:25

Let-out property

Hi,

I have own house in pune and I lived there for 7 months and now rented out and I am living in rented accomodation now.

Can You please suggest how to claim HRA and home loan interest in this case.

Thanks,


CA Aditya
30 December 2013 at 17:21

914 i vs 194 c

Dear All,

Please confirm on the following:

Car Hire Charges:
We have taken a car for hire from a subsidiary company against which fixed rentals will be paid . Driver, Fuel , Maintenance taken care by the Holding company, Subsidiary gets only monthly rentals now is it 194 I 0r 194 C.

2. Rentals for photo copier machine:

We have hired Photo copier machine. As per the contract owner gets amount like 0.25 per copy, cartridge gives by owner and parer provides by company. Now is it 194 I or 194 C for company.

I know tax rate is 2% but still matter of select correct code I am asking.







CCI Pro



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