My brother is doing Phd in TIFR Mumbai and he is earning a stipend of Rs. 12000/- per montha and a scholarship stipend of another 3000/- per month. Will the above two earnings are liable to tax or not?

According to me there is no employer employee relation beween my brother and TIFR and also stipend is not covered under the head salary income.

And one more doubt should he file a statement of income since he is earning more than the basic exemption limit prescribed by law?

pls help me.

Respected experts,

I'm a student of NEW Final course from Jaipur. I need your valuable guidance.

I'm planning to do self study and for this I wanna buy best notes/notes of prestigious teachers for all subjects for self study. I would be really grateful to you if you can provide me with subject-wise details regarding name, contact information of teacher(s)/institute(s) from where I can get such notes by courier/post. Please guide sir.

Thanking you

what is the due dates for Depositing ESI?
Is it Deposited every month?

hello friendzzzzzzz
if one finds that there is heavy tax evasion going on in factory etc,near by you
and if one wants that dept.must take action against it......
is there any provision in our law regarding it under which one may file an application etc.with i.tax deptt.to stop this tax evasion by raid etc.?

Hi all,

Kindly resolve the following query:

An amount of Rs.24000/- has been reimbursed as Tuition Fee/Children Education Allowance by the employer to an employee.

Now, my question is-

Should it be included within Gross Total Income of the employee provided tax benefits under section 80C has been/not has been claimed by the employee?

Thanks in advance.

Hi all,

Kindly resolve the following query:

The date of retirement in case of an employee is 17th Oct'2008.

Now, upto what period income & savings is to be taken into consideration by the employer while generating Form 16?

Here, the ivestment/savings month of the employee is Dec'08. Should it be taken into consideration or not by the employer while generating Form 16 for the period 01.04.08 to 17.010.08?

Thanks in advance.

Hi all,

KINDLY RESOLVE THE FOLLOWING QUERY:

Home loan has been sanctioned by the Bank in the joint name of Mr.A and Ms. B (Husband and Wife). Now, if EMI is to be paid-
Either by First Applicant
OR
Equally by Both i.e. Joint Applicant (50% each)

1. In the above two circumstances, how the employer will allow income tax benefits while issuing Form 16?
2. In the above two circumstances, how the employer will allow income tax benefits while issuing Form 16 provided both are employed with same employer?

THANKS IN ADVANCE.

sir,
what is Chapter 11 Bankruptcy?

Query(1)
I need the terms and conditions of 0% Convertible preference shares and other major conditions that has to be taken for issuing preference shares. Our company is a unlisted company. I will be very thankful if you provide me their general terms and conditions and also the steps to be followed for issuing prefernce shares (un listed.

Query 2
If the company had already issued the prefeence shares but the terms and conditions is not finalised then what are the steps to be followed.
please help me as the matter is very very urgent.

i had appeared dec 08 but i failed in that.But i have to do pcc in further ,so is it that i have chance of doing that or i had missed ,,?
reply as soon as possible..