i want to know whether an employee of goverment company i.e Jaipur vidhut vitrna nigam limited a goverment company is a goverment employee...??

What would be the treatment of gratuity i.e would be taxable or exepmt...??

Can Employer deduct the FBT from employee salary on account of payment made for medical reumbursement Rs.15,000 P A.

One of my friend's employer has deducted Rs.1000 as FBT from medical reiumbursemnt.IS it OK.Can salaried employee get the deduction from tax .

A person is doing trading of shares (with Delivery base or Intra day). Now annual turnover is exceed the limit of 40
lacs.it is liable for income tax Audit..?

Can Employer deduct the FBT from employee salary on account of payment made for medical reumbursement Rs.15,000 P A.

One of my friend's employer has deducted Rs.1000 as FBT from medical reiumbursemnt.IS it OK.Can salaried employee get the deduction from tax .

Dear Experts,

I have a querry.

I enrolled for PE-II and the ICAI gave last chance till May 2009. Though I paid fee, I failed to write exams and not even passed one group.

After Mya 2009, what is the fate of PE-II students that too enrolled directly without attending PE-I (I enrolled thru my MBA qualification). Can they transfer the PE-II students to PCC or IPCC or to come again from CPA.

Please clarify me the same and mail to vgpotluri@gmail.com.

Thank you

Venu Gopal Potluri

one of my client had lost the copy of his firm's partnership deed.PAN card of firm is available. there is no one copy of in possesion of me too.



Now what is the proccedure to get it back or any other option for make it new with old date...?

Dear All,
Any one can give me the Sklabs for Professional Tax for Differnet states, and if we the Head Office in Bangalore n branch offices in differant States how PT should be calculated.

Further to the above we have the branches at Pune, Delhi, Baroda, Chennai, Coimbatore, Hyderabad, Mumbai, Mohali, Kolhapur and Kolkata....
Any body tell me the slabs for Diff branches and paymnet due dates (ie MOnathly or Qtrly or Half Yearly or Yearly)

We hire vehicle on a contract basis for transportation from warehouse to distributors on fixed monthly hire charges.My question is whether the TDS will attract as a contractor u/s 194C or it will be treated as rent and deducted u/s 194I.Plz suggest

Dear Friends,

I have one query....

My friend bought a House under Housing Board Scheme in 1988. But the Sale Deed for the same has not been executed by the Govt. in favour of my friend conveying the ownership of the house. In the meantime, during 1998 he sold the house by executing Power of Attorney in favour of a buyer (of course, sale consideration not mentioned in PoA)with an understanding that the sale deed will be executed immediately upon conveyance of the same by Govt of Tamil Nadu. Now, the Govt. has decided to convey the property through sale deed. Now, my friend would like to execute sale deed once the initial sale deed has been executed by Govt. of Taml Nadu. Now, once the sale deed is executed by my friend and the PoA holder, whether the capital gains arising out of the transaction is governed by income tax? Then what is the value of sale consideration to be taken for the purpose of capital gains tax?
please clarify

Dear sirs,
In a Proprietor Ship a Car sale on 4 th march 2009, Book value is on 1.4.2008 Rs.435000/-, Car Sold at 335000/-

My question is Depreication will be calcuated for 11 months and deducted from book value and How i give treatment of Profit / loss on sale of car,please explain from entry level

Secondly buy a new car on 05th march 2009 what would be % of Depreciation for 2008-09, Kindly reply.