Suppose a Ltd Co has to pay a hotel bill in which its employees taken food etc of Rs arround 25000/-

whether any TDS implication will arise?

Co has not entered into any contract with Hotel .

It just go to hotel take food and paid.

Also Paid for room rents for that day

at what rate we will record closing stock of investments

Please compute the taxability of a normal individual for A.Y 09-10

Business Income - Rs. 1,00,074
Agricultural Income - Rs. 15,000
LTCG(to be taxed @20%) - Rs. 2,78,344

Whether the agricultural income will get taxed or not

We are asmall computer software firm, we develop software for companies. know the basic of fbt, but want to know the details and rate and perquisites that will fall in fbt for us. whether payable monthly??

Hai,,

Is software will be under an asset or expenses? and the software renewal charges will be an asset or expenses..

Please tell me name of taxable head ,if any gain or loss in dealing in put & call option by an individual.

Thanks


Cheers
S.K.GUPTA

Hello.There is an example one person earns net taxable salary of 1025810, which is liable for 10 % surcharge. I have calulated his total tax liability as :
tax on 1025810 212743
+10% sur 21274
+edu cess 3% 7021

Totaltaxliability will be 241038.

I want to know whether it is right or not & is there some relief in surcharge or there is some term called as marginal surcharge.

Hello. one of my frnd earns net taxable salary of 1025810, which is liable for 10 % surcharge. I have calulated his total tax liability as :
tax on 1025810 212743
+10% sur 21274
+edu cess 3% 7021

Totaltaxliability will be 241038.

I want to know whether it is right or not & is there some relief in surcharge or marginal surcharge.

What is share application money. I am seeing share application money remaining on company's balance sheets for years. Why?

dear all,
piz tell me whether software should be cpitalize or not