Ravi Kiran
18 July 2008 at 16:34

TDS on Hall Hire Charges

Dear Sir,

Our Company is going to organise Get Together Event of employees for that we have hire a hall for one day
We have to make advance payment of Rs 30000/- to Owner of the hall is TDS is to be deducted if yes under which section 194C or 194I

Regards

Ravi Konda


Sachin Jain
18 July 2008 at 15:23

Compensation paid by employee

Hi, What is the tax treatment in the hand of employee and employer if cause of breach of contact, employee is required to pay some amount to employer.

For example, if employer sends employee on a project and get the bond singed as per which, if employee left the organisation before sepecifed perioed, he/she will be resposible to pay fix amount to employer. In that case what will be the tax treatment of amount paid by emplyee to employer in the hand of employer and employee. Please advice.


Sachin Jain
18 July 2008 at 15:23

Compensation paid by employee

Hi, What is the tax treatment in the hand of employee and employer if cause of breach of contact, employee is required to pay some amount to employer.

For example, if employer sends employee on a project and get the bond singed as per which, if employee left the organisation before sepecifed perioed, he/she will be resposible to pay fix amount to employer. In that case what will be the tax treatment of amount paid by emplyee to employer in the hand of employer and employee. Please advice.


Deepak
18 July 2008 at 14:53

80c ded doubts!!

from AY 07-08 , we can claim a FD of 5 years as 80c ded. my doubt is . if in the prev year, a sum of 50000 was deposited and we claimed ded u/s 80c, can we claim the same amount this year also?


Vishnu Agarwal
18 July 2008 at 14:49

regarding insurance






What is the unit life insurance plan (ulip)& what benefit we can get by insuring it ?


Sushant Panigrahi
18 July 2008 at 14:41

deduction of TDS

If a person providing contractual service and professional service to the same client, then on which amount TDS Should be deducted for eg
a)If a person provide Contractual service worth Rs 15000 and professional Service worth Rs 17000, should TDS be deducted.


venkat
18 July 2008 at 13:57

sec 40A(3)

As i am Tours & Traveling company ,iam paying to GUIDER >Rs20,000(cash payment).wheather this Expenditure is disallowed(As per Sec 40A(3)) r not.


RAKESH AGARWAL
18 July 2008 at 13:19

Tax payable on Capital Gains

My client who is a residend women below 65 yrs of age.Her Income for A.Y. 2008-09 consist of Rs. 3.00 lacs from long term capital gains eligible for special rate of tax u/s 112 & Rs. 3.00 lacs from short term capital gains eligible for special tax rate u/s 111A. She has no other income. She has also made investment of Rs. 1.00 lac for claiming deduction u/s 80-C.
Please compute tax liability.


RAKESH AGARWAL
18 July 2008 at 13:18

Tax payable on Capital Gains

My client who is a residend women below 65 yrs of age.Her Income for A.Y. 2008-09 consist of Rs. 3.00 lacs from long term capital gains eligible for special rate of tax u/s 112 & Rs. 3.00 lacs from short term capital gains eligible for special tax rate u/s 111A. She has no other income. She has also made investment of Rs. 1.00 lac for claiming deduction u/s 80-C.
Please compute tax liability.


manoj agrahari
18 July 2008 at 12:43

regarding service tax

my client shop in JHV Mall Varanasi,maintanace charges @20/- per s.f. mall manangement tack service charge on maintance bill .kya maintance per service charge lagega.

2- kya maintanance per T.D.S. Lagega'pls guide me