if the amount given is more than 20000 for different bills, whether it will attract the above section .For example-
If a employee brings the following bills-
Telephone expenses-5000
Business promotion expenses-10000
Medical expense-10000 the whole amount paid by the company ie 25000 .Whether it will attract the above section
Please reply as soon as possible.
Dear sir
I have a client Flemino Dutyfree which have incorporated at 8 years back.
it is open a Duty free shop(on of Profit Centre) at Airport and start buisness from 1/6/2008 but it has incurred some expenses before starting tha buisness at airport so what is the accounting treatment of these expenses plz note it Company already incorporate before
How to claculate CENVAT Credit in terms of Rule 6C of CENVAT Credit Rules 2004?
A company manufactre its own Bulding & Recived Bills From professionals & Contractor on which service Tax Charged
My Q Is that
1. Bulding which is construted capital goods or not falling in chapter 82-90 traiff
2. can he take credit of this service tax on Rent (When construction Complete)or not
If it is Capital goods Credit 50% or Whole allowed Because construction complete in Next 2 year
if i want to take benifit of tax saving of gift given to my brother amt.25000/-
what document/evidence should i prepare to produce income tax department.
Hi,
Please guide me in calculating Income From House Property in the following scenario ---
Mr. X is living in his own house in Pune. He is having one more house in Nasik. The house in Nasik is not let out [ used by him for vactions and family functions ]. In this case will the house in Nasik will be deemed to be let out and chargeable on notional basis?
QUERY 1 :- If rent is paid for Auditorium of MCF (Municipal corporation of Faridabad ), then TDS is required to be deducted or not. As MCF is an local authority but he is not providing any certificate about their tax exempt status under clause (20) or (20A) of section 10.
QUERY 2 :- If there is leasehold land of 99 years with assesse and assesse buildup two separate building on that land and given on Rent with two separate agreement of both building and as well as two separate agreement of amenities of that building are prepared, Cost of amenities includes in cost of building. Amenities include Air conditioning etc.
Now the question is that in which head , income is taxable and depreciation on building is allowed or not , as cost of amenities can not be segregated from cost of building.
Assessee shows all rental income from building as well as from amentities on Profity and loss a/c and claim depreciation on complete cost of Building . Is it correct or not.
HI,
I AM REGISTERED UNDER CA FIRM OR MY TRAINING PERIOD STARTED FROM 1ST NOVEMBER 2008 AND I AM REGISTERED WITH INSTITUTE ON 14TH NOV 2008,SO I WANT TO KNOW WILL I ELIGIBLE FOR THE (MAY 2010) PCC ATTEMPT AND HOW MUCH HOLIDAYS I CAN TAKE BETWEEN THESE PERIOD.
PLZ INFORM ME AS SOON AS U CAN.
please,anyone send me the details regarding detailed information of TDS provisions and computation?
FR & Direct Tax (Regular Batch Combo) For May 26 & Onwards
form regading