whether any deduction on account of tax can be made from salary advance paid to employees?

Sir, whether in house expenditure is not attract FBT: AND if , then any refreshment, lunch, breakfast which are consumed in office for office staff is liable for FBT OR NOT:

Also these items are served to AUDITORS , CONSULTANTS, VISITORS WHETHER THESE ARE LIABLE FOR FBT?

Dear All,

We are the manufacturers ready mix concrete in karnataka.
We have purchased the Transit Mixers (10 wheeler) which are used in transport of concrete to the cleints.

Can you suggest whether the transit Mixers bill vat amount take it as a input tax.
Whther it is restrictabel capital goods to avail input tax?

Kindly suggest according to the Kar govt vat and tell if there is any notifications in this regard?

sIR, IF TWO WHEELERS ARE IN THE NAME OF COMPANY AND ITS FUEL EXPENSES ARE ALSO PAID BY COMPANY , WHETHER THESE FUEL EXPENSES ARE COME UNDER FBT ? AND IF COMES THEN WHICH HEAD ? I.E. UNDER LOCAL CONVYANCE OR ANY OTHER HEAD?

hi,

i am using Tally 9.0 version as the financial year changed i want to create another file but for new file i am not getting the the back up accounting structure and balances from previous file. i can not post in old file as it was created only for upto mar31,09 and it not allowing e to post april entries.

so please help, thanks in advance.

Hi,

How does the " SERROR " function work in excel ?

if my policy matures after a specific period and i will receive the maturity amount. is this amount taxable?

We have taken a life Insurance policy of rs 100000. we have made payment of Rs 25000 as premium which accounts for more than 25 Percent of the policy amt.
The policy amt has matured and we have received the amt
Will full 100000 will be taxable Or rs 75000(100000-25000) wil be taxable???
The premium which we have paid will be allowed as deduction or not???
Section 10(10)(D) says that if the premium amt paid is less than 20 Percent of the the policy amt then the whole amt received will be tax free
Plesse answer this question fast

If a company is buying and selling shares will it be treated as speculative business?

how will intra day set off without delivery of shares be treated?

does the same apply to an individual also?

please suggest quoting the appropriate sections.

what is a minute book?
why is it kept?
what is the procedure for preparing minute book?