pradnya
28 July 2008 at 16:05

how to calculate tax on salary

first employer 90160 after taking all allowances
ppf contribution 5698
TDS Deducted : 1000
from 2 nd employer 137144
deduction 25192/-
TDs 2569

Tell me hoe to calculate


SSA JI
28 July 2008 at 15:54

casual commission received

wherthr casual commission received after deducting tds is taxable under the head of income from other sources or pgbp ?


SSA JI
28 July 2008 at 15:53

casual commission received

wherthr casual commission received after deducting tds is taxable under the head of income from other sources or pgbp ?


sarojjanoti
28 July 2008 at 15:34

filing of ITR4

If a person is receiving commission from LIC & UTI then code to be filled in PartA for nature of business.


pradnya
28 July 2008 at 14:58

how to calculate tax on salary

one of my friend has got Rs.90616 net salary from 1 employer on which tax is deducted Rs.1000/-

From Other employer rs.137144 tds deducted rs.2296/-

Tell me while preparing return he has to pay tax on rs.90616+137144 or just he will claim refund


Vishnu Agarwal
28 July 2008 at 14:33

relating to date






Suppose a person has income that is not taxable , If he files the return after due date ( after 31th july ), Will it do?


maneesh tiwari
28 July 2008 at 14:29

income from mutual fund

Dear Sir,

Income form mutual fund is exempted or tax free . if it is taxable then under which head ???


amitmaurya
28 July 2008 at 14:11

Tds in case of a logistic company

Suppose there is a XYZ logistic co. It have been hired by PQR Co. for custom Clearence and delivery to its destination in Bombay. XYZ Co. hired a transporater MN Roadways for transporting the goods to Bombay. The cost incurred by the co. is Rs. 40000( for transportation) Rs. 500(Misc exp.) and its income Rs. 5000(Assume). Total bill of RS. 45500 is sent to the PQR & Co. for reimbursment.
Who is Liable to deduct tds?
If the tds is not dedcuted by both the party on the transportation expense than who will be liable for that.
Note: the expenses incurred by the logistic co. is Booked under JOB cost. and the same is reimbursable expense.


Vikash Yadav
28 July 2008 at 13:37

relief calculator u/s 89

R/sir/mam

I need relief calculator u/s 89 for the arrers recieved.

Thanks in advance.

My email ID: vikashyadav1986@yahoo.co.in

Regards

Vikash Yadav


Ajay
28 July 2008 at 13:08

ITS Urgent TCS

Dear Frnds,
pl answer me that
Scrap Mat. Value 100/-
Excise Duty 16/-
VAT 5/-
whether TCS rate 1.03% will be applied on
116/- or 121/-
That is rate will be applied on including of VAT or ....