how much fees to be charged for cc

Others 1435 views 7 replies

Dear Sir,

Can anyone tell me the fees to be charged for issue of compliance certificate ...there is a scale for it ..buit can anyone tell me the link where i ill get it

 

Regards

 

Mayuri Lal

Replies (7)

there is no scale to it. You may charge it depending upon the size of Company, and teh degree of the compliances done/needed.

agree with sharddha.

Yes absolutely agreed with Ms. Shraddha, even it varies from PCS to PCS too, Strange but true..

Ofcouse there is no such scale. But you should Follow professional ethics and code.. .i.e. forbid to do undercutting.....

 

Charge standard fees.

it is normally in the range of Rs.3000/- to Rs.5000/- ,

 

rest depending on the size of the company

Dear Friends,

My brother working in Railways, he had a son he is Mentally and Physicaly handicapted , my brother spend some amounts for his hospitals exp and one maid servent also there, he is paying more than 6000/- per month for medical and service charges.

On that expenditure he will get any tax exmption, Please let me know if any.

Regards

SK Srinivas

Originally posted by : sksrinivas2009

Dear Friends,

My brother working in Railways, he had a son he is Mentally and Physicaly handicapted , my brother spend some amounts for his hospitals exp and one maid servent also there, he is paying more than 6000/- per month for medical and service charges.

On that expenditure he will get any tax exmption, Please let me know if any.

Regards

SK Srinivas

 

Deductions from Gross Total Income and Tax Rebates:

 

  Payments for medical treatment of handicapped dependents (Sec. 80DD and 80DDA)

Where an assessee being an individual or a Hindu Undivided family resident in India incurs any expenditure for the medical treatment, nursing, training and rehabilitation of a handicapped dependent, deduction of Rs. 40,0007- is allowed from gross total income. The deduction includes payment or deposit under an approved scheme of the L.I.C. or the U.T.I. providing for payment of annuity or lump sum amount for the benefit of the handicapped dependent in the event of assessee's death.

FURTHER CLARIFICATIONS:

1. Section 80DD, substituted for sections 80DD and 80DDA by the Finance (No. 2) Act, 1998, lays down that the deduction on ac­count of expenditure incurred by way of medical treatment (in­cluding nursing), training and rehabilitation of a handicapped dependant or amount paid or deposited in specified schemes of Life Insurance Corporation or Unit Trust of India for the mainte­nance of handicapped dependant, shall be limited to Rs. 40,000 in the aggregate while computing the total income of the parent or the guardian of such handicapped dependant.

2. It has come to the notice of the Board that some of the DDOs are asking the employees to submit medical vouchers/bills in connection with the expenses incurred on the medical treatment of their handicapped dependant apart from a certificate from the Government hospital regarding the permanent physical disability or mental retardation of the handicapped dependant.

3. It is clarified that it would be sufficient if the employee furnishes a medical certificate from a Government hospital and a declaration in writing duly signed by the claimant certifying the actual amount of expenditure on account of medical treatment (including nursing) training and rehabilitation of the handi­capped dependant and receipt/acknowledgement for the amount paid or deposited in the specified schemes of LIC or UTI. Therefore, DDOs may not insist upon production of vouchers/bills by the employees for having incurred expenditure on medical treatment of their handicapped dependants for allowing the deduction under section 80DD for the purpose of computing tax deductible at source.

4. This clarification is applicable for the purpose of Tax Deduc­tion at Source from salaries under section 192 of Income-tax Act, 1961 during the Financial year 1998-99 and onwards.

Circular : No. 775, dated 26-3-1999.


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