Hi

Could u please let me know if a company is paying interset on loan to its director then at what rate the TDS will be deducted??

I mean will it be a part of Salary and tds is deducted at slab rate of the relevant Assessment Year

Or

Will the TDS is deducted at Interest Other Than On Securities..

Please Reply

Aayushee

my pcc attempt is due in may10.would the amendments made applicable

hello, suppose ram is studying and started a business as a part time business and filed income tax return for p.y. 2005-2006 and 2006-2007 (nil). now at the end of 2006-2007 he closed business. And continues study. And not filed income tax for p.y. 2007-2008 and 2008-2009 because of no income. And now in the p.y 2009-2010 he wins a lottery of rs. 10,00,000. So obviously he has to file income tax of the p.y 2009-2010. But what will be the procedure to file the income tax and what about the p.y 2007-2008, 2008-2009.

Sir Plz solve my following query

e.g. (Works Contract Value is 1000000/- Urd Raw Material @4% is Rs.300000/- RD Exempted Purchase Rs.200000/- which is liable to paid vat on margine @12.5% . Labour & Other Expenses is Rs.400000/- G.P.is Rs.100000/-) How can calculate the Vat amount on Works Contract?

during the audit for f/y 08-09 i found that:-
a company is paying for club fee/golf course fee for the director, but the membership in the name of director whether it is liable for fbt or it is included in director's salary

hi
can u please tell me whr can i get changes that will affect taxation paper if im attempting in may 2010?
the changes due to the new finance act?

how do i check my cpe status completed for the year 2009. as per icai website i tried to login but the password is reflected as incorrect.also, how do i revalidate my new password. pls reply its urgent.
thanking you,
sheetal

within how many days shares are to be allotted to shareholders after receipt of application money by the company.
and as per which act.

pls reply ASAP

a employee deposited rs.25000 in other company.a public co. which is engaged in infrastructure facility.what is the treatment of that when calculating salary.

what is the treatment of that "A car of 1.45 ltrs. along with a chauffer has been provided." here it is not mention that for what purpose car is used.