Income Tax queries [13632]

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sumit

19 July 2008 at 21:14

Exemption of income in salary

Hi Anand,
My query is that Uniform allowance & Conveyyance is exempt from the income?
If it is exempt then what is the maximum limit which we can exempt from the gross total income?

BHAVIK

19 July 2008 at 20:09

TAX AUDIT OF HR AND RECRUITMENT

HR Recruitment & Consultancy Company having Gross T/O above Rs.10lacs, Whether it should be considered as profesional services and it's under the tax audit brackets.????

maneesh tiwari

19 July 2008 at 19:26

Which ITR Form

Sir,

One of my friend has his income from salary and also has invcome form insurance commission from LIC.

Which ITR Form should he filed.

Rupesh Maheshwari

19 July 2008 at 18:24

income received/remited

wat is the diference betn income received in india n income remited 2 india??????

plz

giv examples

Rupesh Maheshwari

19 July 2008 at 18:24

income received/remited

wat is the diference betn income received in india n income remited 2 india??????

plz

giv examples

Rupesh Maheshwari

19 July 2008 at 18:23

income received/remited

wat is the diference betn income received in india n income remited 2 india??????

plz

giv examples

Tharangini

19 July 2008 at 18:14

question on employer-employee relationship in FBT

Hello Sir,

In CIRCULAR NO. 8/2005, DATED 29-8-2005 issued by CBDT as Explanatory Notes on the Provisions relating to Fringe Benefit Tax There are few FAQs. One question is

Whether employer-employee relationship is a pre-requisite for the levy of FBT?

The answer is 'Yes'.

My question here is whether a Managing Director of a private limited Company who is owning 60% of the shareholding is considered as an employee of that company for the purposes of FBT.

Thanks and Regards,
CA.R.Tharangini

jitender sharma

19 July 2008 at 17:37

adjustment of short term capital loss

Sir,

If someone is not filed his return on time, can he claim the short term capital loss and carry forward the same ? Please clarify with reason.

jitender sharma

19 July 2008 at 17:33

Adjustment of shorterm capital loss

if income tax return is not filed on time , whether short term capital loss can be claimed and carried forward or not ? please explain with reason and sections.