bharat
06 June 2013 at 11:33

Tds

my sister is working as lecturer in pvt. coleg
she is asked to check the copies at university @ 25/- per copy
i want to ask that amt which she will get is liable for tax/ tds
what is the limit
what should i do to claim the tds refund which form should i fill


bharat pareek
06 June 2013 at 11:29

Excise on intermediate goods

We manufacture urea, an exempted good under notif 12/2012 (taxable @ 1% provided cenvat is not taken on input and input services).

Ammonia (taxable good) is also manufactured by us which is used as a raw material for manufacturing urea. Ours is a 'continuous process plant'. Will we have to pay excise duty on ammonia (intermediate product) since urea is an 'exempted good'?



Anonymous
06 June 2013 at 11:22

Capital gains

I had invested some amount under the capital gains account scheme in the FY 11-12.Noe i want to withdraw the amount to buy a house property.Is a CA certificate required to be submitted in the bank to withdraw the money.


sirajudheen v
06 June 2013 at 11:20

Form 109

Sir,
I am terminated my articleship on April 1st week, but i could not file form 109 till now.In between these gap the date of compleetion of 1st year articleship is over. Now i am going to join in another firm, what should i do?

please reply fast.


Jyoti
06 June 2013 at 11:19

Long term capital gain

Please solve my query regarding capital gain & exemption:
Q. In F.Y 2011-12, Long term capital gain is calculated as follows:
Long term capital gain on Gold : 10,00,000
Long term capital gain on House A : 20,00,000
Total 30,00,000
House B is purchased for Rs. 30 lacs
Less : Exemption u/s 54 (For House A) : 20,00,000
Less : Exemption u/s 54F (For Gold) : 10,00,000
Net Long term capital gain Nil
Now in F.Y 2012-13 House B is sold for Rs. 54,00,000 and House C is purchased for Rs. 90,00,000/-
Please tell me the tax treatment and whether exemption u/s 54/54F can be claimed for House C


Timsy balotia
06 June 2013 at 11:19

Cpt

from when would be exam form of cpt december 2013 would be made available by ICAI


ramanamma
06 June 2013 at 11:18

Advance recepit of rent

Friends

when advance receipt of rent is liable to deduct TDS

please tel me



Anonymous
06 June 2013 at 11:17

Query

Please guide me whether excise duty is to be levied on transportation cost charged from client more than the actual paid by us. For Example:- We are selling goods to client for Rs.100000/- transportation cost charged by us from client was Rs.20000 & amount actually paid by us was Rs.15000. Whether excise duty levieable on such cases. This case is of Rule-5 of CEVR,2000.



Anonymous
06 June 2013 at 11:13

Income under business head

we made payment towards electricity exp exceeding 20000/- in cash to electricity company whehter such payment will be allowable exp or not



Anonymous
06 June 2013 at 11:06

Salary perquisites

If an employee is getting a salary of Rs 13,00,000/- per annum ,what are the non taxable perquisites that can be included in the salary structure as per the Income Tax Act/Rules.
Is telephone perquisite fully exempt or are there limits?
If the employer is providing reimbursement of motor car petrol and maintenance bills of Rs 1800/- per month is that amount exempt in the employees hands?
Is there a specific exemption for journals/helper allowance in the IT Act?
Please clarify .






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