narender
18 May 2009 at 10:36

TDS

HI I AM WORKING IN A PRIVATE COMPANY

I HAVE NOT FILE OUR TDS RETURN FOR SALARY FOR FIRST 3 QUARTER.

IS THIS ATTRACT ANY HUGE PENALITY BECAUSE TDS DEPOSITE AMOUT IN EACH QUARTER IS SO HIGH.......


IS THERE IS ANY PROVISION FOR FILLING NOW FOR ALL FOUR QUARTER???????

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varun gupta
18 May 2009 at 10:26

LTA & Medical benifits

An employee receives Salary from his employer which does not include any component by name of Medical or LTA but can he still claim Medical benifits upto 15000 and LTA expenses as per IT rules while filing his ITR?

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Guest

A Civil Engineer working in Construction Co. receives the cheque(Amounting Rs. 22,000/month after deducting Professional Tax)from the co.(and sister concerns)against the salary .

However Tax is not deducted. Now the employee has to file return of Income.But he won't receive Form 16(which is quite obvious)from the company nor the company provides monthly sattement giving the break up of salary(basic,conveyance allowance....)

If the Income is calculated based on the salary breakup specified in the appointment letter,is it valid?

If yes, is there any need to submit any proof along with the return?

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Ankit
16 May 2009 at 20:46

final exams

i will be giving my pcc exmas both groups in june 09 and my 3.5 yrs training will complete on 2nd oct 2010.if i pass pcc in this attempt will i be eligble to appear in final exams in nov 2010 or else have to wait for may 2011.

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Radheshyam Bhutada
16 May 2009 at 19:05

Family Trust

Dear Friend.

Do you know FAMILY TRUST, WHATS BENEFIT THEREOF & WHATS FORMILITIES TO BE COMPLETE.

Please any one knoe this then replay ASAP.

Regards,
CA Radhesham M. Bhutada
9822890980

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Monil Shah

Ours is manufacturing company. A project is going on for developing the company's new building.

Now i wanted to confrim whether We can capitalise the salary of the person (Includes directors and other managemnt staff) visiting the above project.

If yes Whether it would be correct doing that?

Is their any accounting standard related to this issue?

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varun gupta

Hi,

Can a CA working as full time paid staff with a CA Firm or in bank or industry also provide Consultancy services to his clients and raise invoices for the service charges? If yes, shd he get a some firm name registered or how & by what name he can issue Invoice to his client?

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varun gupta
16 May 2009 at 10:08

Statutory Registers

Hi Experts,

Pls advise that which registers are statutorly required to be maintained by a manufacturing unit like DSA under Excise rules and whether these have to be maintained manually in prescribed format or they can be maintained in computer also? Pls specify the notification details if avialable.
If possible pls also tell how much sure you are of your replies in terms of %. After your replies pls keep the query OPEN for other experts to reply.

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Mukesh Khandelwal
15 May 2009 at 17:50

Quarterly return of TCS and TDS

Please clear last date of IV th quarter return in case of TCS and Payment to non residents before 31st march-2009.


Please treat it urgent.

Mukesh

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Maulik Thaker

An indian company having a branch in philippines, hires an employee in india and deputed him in branch, can pay him some advance from branch and adjust against salary payable from india?
What will be the tax implications if answer is "yes".

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