rachit shah
03 January 2009 at 15:56

FBT liability-unique cases

if there is only 1 employee in the firm then whether FBT would be liable to pay??? as under section-115WA wording are emplyoees and not employee..

if a co-operative society on making high profits distributes to its members gold coins, then whether the same would be considered as GIFT???
whether FBT liability arises on the same??

plz solve the querry...


amit jain

According to Sec 194c & 194J Tax to be deducted on "any sum paid".here "Any sum" refers to amount payable towards service rendered or works contract.but tax portion is not the considetion, person gets in turn of services rendered.so tax to be deducted on the amount including Service tax,vat or excluding these,is there any supporting Evidence to prove it.


Guest
03 January 2009 at 15:05

currency futures

whether the profit or loss from currency futures will be the normal business income or speculative income? please resolve. given that currency futures are traded through National stock exchange from recognised broker.


V.PUSHPA
03 January 2009 at 14:54

TDS - time limit to remit

TDS deducted in the month of April'08 and May '08 but paid on 25.05.2008
Actually there is delay in payment, but i hope there is a circular/notification that extends the payment. please clarify me
Thank U


CMA. Subhash Kumar Jha

Sir,

I am getting medical exp reimbursement from my employer upto 15000/- per year.

Can i also get a benefit for mediclaim premium for me ?

Also, can I get additional benefit of mediclaim premium paid for my senior citizen father ?

Pl reply soon

Subhash


swati goel
03 January 2009 at 14:46

unpaid bonus

what is the treatment of unpaid bonus/unpaid salary.under which act or section it is covered.what are the consequencies in case of failure to comply with the procedure and finally what is the treatment incase civil cases are pending regarding this


mohan rao
03 January 2009 at 14:41

Cenvat Credit

Dear Sir,

we are constructing a hotel and utilising the Sevices of Architects and Designers and Consultants

The Cenvat Credit for Service Tax on Professional Charges Shall We take ?

Our Output Services will start after 2 years

Shall we Set off the cenvat credit to the Output Service which will accrues after some period of time


varsha singh
03 January 2009 at 14:36

APPLICABILITY OF FBT ON DIRECTORS

IS FBT APPLICABLE ON DIRECTORS(EXECUTIVE & NON-EXECUTIVE).PLS ANS AS SOON AS POSSIBLE SIR/ MADAM.


Athulya

I am using Tally 9.3

Up to the last financial year i had maintained inventory in tally. But for the current financial year i am not maintaining inventory in tally. now for the finalisation purpose, i need to update the stock value in the tally. How can i do this??????
Please Help!!!!!!!!!!!!!!


ravinder singh rawat

Dear Experts,

our company have purchased some pan drive for out office staff for their official working.
Is this is part of printing & Stationery or not. Total 5 pan drive purchased cost of Rs.2000/- please advice what would be proper exp head.






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