I am working in a Co. which has two internal Co.s. In F.Y. 2012-13 One of Employee got salary Rs. 85,500 including
Conv. allowance Rs. 800 pm.
HRA Rs. 15,300 p.M.
Special Allowance- Rs. 43900 P.M.
LTA Rs.3250 P.M.
Medical Reimbursement Rs. 1250 Per month.

Rent Paid by him Rs. 14000 P.M.

His LIC is Rs. 54946.

He got Salary in following way:-
for Apr to June from Co. A
and
July to 9. Nov.2012 from Co.-B
and after that he left job.

Now Pls tell the TDS calculation on his Salary from Co. A & Co. B.

Pls reply ASAP.

I am working with a retail brand. The said brand gets its carry bags manufactured from a vendor with our logo printed on it and as per our specifications. We do not supply any material to the said vendor.
The vendor charges Excise on the Invoice.
Are we required to deduct TDS on the payments made to the vendor.

If a student has done his ca articlesp, can he get exemption of his whole 15 months cs training on basis of it....??
Experts plz help....

Can VAT paid claimed as expense in Income Tax Act? Also please give entries regarding VAT treatment.

i have receipt from labour supply on a construction sight. my receipt is approx 30 lakhs in previous year. is there any service tax applicability and what are the procedure for registraion.

at my office i have a company which is manufacturing unit of medical equipments.it has turnover of above 2 crores including 57 lakhs of export.are they eligible to cahrge excise on product? rply asap.

We are manufacturers. We are dismandling the machinery and sold as scrap. what is the tariff no & rate of duty applicable for this scrap sale? whether vat & Tcs also applicable for this? Please guide me the procedures to be followed?

An Individual having gross T/o Rs. 40 Lacs, And Profit of Rs. 2 Lacs, Whether he required to get Audit his books of accounts ?, However his books of accounts are maintained.

Hi all,

I registered for article ship (Under IPCC scheme) on 19th of aug 2011. As per rule I can write my final exam due on May 2014 ( after 2.5 years of article ship). But due to some reason, I took leave for 9 months.

Is I am eligible to write my Final exam in MAY 2014??

Pl help

Companies/employers are asking for pan card copy of owner of house property let out to their employee to give HRA exemption to their employees along with the submission of rental receipts and rental agreement.

what is the need for taking pan card of the owner of the house property by the employer??

does it have any tax implication on the owner of the property??

is it only to act as a check on fictitious rental receipts created by the employees??