could anyone give the TDS rate applicable to travel agents/ travel agencies.
&
Is TDS is deducting on the whole amount of the bill or only on the commission charged by the travel agent / travel agencies.

LTA:

If the company is having a policy of carry forwarding the LTA balance to subsequent calendar year in the same block, can an employee submit bills pertaining to the previous calendar year in the year the balance of transfer.

For example if the employee had not claimed in the year 2006 and the balance pertaining to that year is transferred to the next calender year 2007. Now the employee claims for the year 2006,in the year 2007 with the bills dated 2006. Can an employee submit the bills pertaining to last calender year in the year 2007. Whether the company can accept such bills and whether such payment be given exemption under Income Tax Act, 1961

Please explain me with example about the deffered tax liability on permenant defference..

sir,

During the year 2007-08, Rs.27800/- excess tds remitted to Govt.

what is the procedure of claim refund.


please sir

HI,
I AM VIJAY. I COMPLETED MY CA PE-2 FOR EXAMS HELD IN NOVEMBER 2006. THEREAFTER I JOINED CA FIRM IN DELHI ON 15/02/2007 . FOR THE FIRST 3 MONTHS ALL WAS GOING WELL.
BUT THEN SOME PROBLEMS DO OCCUR BETWEEM MYSELF AND MY CA.
WE WERE ASKED TO DO SOME WORK WHICH WERE NOT AT ALL GOOD(PEON TYPE WORK)AND I WAS AGAINST THAT AND ALSO WITH THE BEHAVIOR OF MY CA. THINGS WERE GOING BAD WITH EACH PASSING DAY. i thought that i have lost my self respect in that firm AND I DECIDED TO TAKE TRANSFER FROM THE FIRM.
I CAME TO KNOW THAT WE HAVE TO WORK FOR ATLEAST 6 MONTHS IN ANY CA FIRM ONLY THEN W CAN TAKE TRANSFER.
I DO FIND FOR MYSELF A GOOD CA FIRM BUT MY CA DID NOT GIVE ME TRANSFER AND SAID YOU HAVE TO WORK FOR ATLEAST 1 MORE MONTH AND ONLY THEN WE WOULD GIVE YOU TRANSFER.
THEREFORE I WORKED FOR ANOTHER 1.5 MONTHS WITH THE FIRM.
ON THE DAY OF TRANSFER THAT IS ON 0/10/2007 WHEN I ASKED AS TO WHAT ABOUT THE LEAVE, MY CA SAID THAT YOU WERE ON 108 DAYS FOR THE SAID 7.5 MONTHS. BUT ACCORDING TO ME IT COULD NOT BE MORE THAN 35-35 DAYS. WITH THE HELP OF SIR PARTNER THAT IS SIR WIFE I DO GET TRANSFER WITH 48 DAYS LEAVE.
THEREAFTER I STARTED LOOKING FOR MYSELF IN ANOTHER CA FIRM BUT THINGS DO NOT GO WELL.
I DO GET A CA FIRM FOR TRAINING WITH SOME RELATIVES HELP BUT I AM SATISFIED WITH THE FIRM SINCE I AM GONG TO WORK IN THAT FIRM FOR THE PAST 50DAYS AND I HAVE TO JUST SIT IN THE OFFICE ON THE INTERNET ALONE AND THERE IS NO PRACTICAL EXPOSURE.
PLEASE HELP ME. DO PROVIDE ME WITH A LIST OF CA FIRMS WHERE I CAN APPLY FOR TRAINING BY MAILING M ON MY E MAIL ID : vj_bajaj@yahoo.co.in

thanking you.

Respected Members

I would like to know if an Individual performing services of Commercial coaching and Training from India

but the Trainee will be rendering the services after training outside India and

the Consideration for the services rendered will also be receiving in FOreign currency

Will it be exempt from payment of service tax.

If Mr.X has two residensial property he sales one property for 1000000/- and buys a new residentialproperty for 3000000/- as on 1/5/2007 and other res.property he sales on 1/5/2008 for 1000000/-and repays the loan which he has brought from bank to buy the new property.(the new property cost is 300000;he pays 1000000 out of sale of his first res. prop.and remaining 2000000 loan fro hdfc.)
Can you please tell me that repayment of the loan from sale of second res.prop.will be consider as deduction and no capital gain will be levied.
Please reply.

wht do we meAN by Value at risk margin and extreme loss margin ?
how do we calculate such?
how do we read such

DEAR ALL



ONE OF MY FRIEND TAKE HIS STIPEND IN CASH FROM LAST 11 MONTHS. AND HE GETS CHEQUE FROM NOW. WHETHER IT IS MANDATORY FOR RECEIVED A CHEQUE PAYMENT FROM HIS CA .



WHAT HE TOLD ME THAT CAN I RECEIVED CASH CONTINUE OR HE MAY GET BACK THE CASH TO HIS CA AND RECEIVED CHEQUE`S FOR LAST 11 MONTHS ALSO.



PLEASE ADVICE







SHALEEN

Dear all
Can any one tell me, What is duty free entitlement?
and how do we account in the books of account?

Regards
Ravikumar r c

ravikumarrc@gmail.com