my co. has given cars to dealers as incentives worth rs.1.17 crore. whether the same is liable to fbt

Hi,

Distribution of Diary to Customers will attract FBT?

If yes under which head?

if the diary is with company logo does it make a difference.

kindly clarify.

Thanks and Regards
Nithya

An order for painting is given to a painter and 5 paintings are drawn by the painter. The total invoice is for Rs.90000/- Whether TDS rate will be applied as per the rate of contractor or Professional?
Is there any CBDT circular? If any, I want the Circular Number.
Thank you.

can a salaried person avail deduction from income tax if he is not receiving house rent allowance from employer. if yes then under which section and what document he should be produce.

COULD YOU PLEASE HELP ME OUT. MY QUESTION IS THAT IF INCOME TAX OF EMPLOYEE IS PAID BY EMPLOYER THEN WHAT IS ITS TAX OBLIGATION? IN BOTH THE CASES (1)MONETARY PERQUISITE, (2)NON- MONETARY PERQUISITE.PLEASE SOLVE MY QUERY IMEDIATELY. THANK YOU IN ADVANCE. BYEEEEEEEEEE.

a person received gift from his foreign
friend in foreign currency are liable to income tax as a gift

a person sold a land which is beyoud eight km.from muncipal area and population is less than 10000 as per last cencus but land is uncultivate in 7x12 abstract. whether full exemption is availabal u/s 54B of the income tax act

Thanks

Whether Income of co - operative society registered under Tamilnadu government is exempt under Income tax act according to sec 10(23c) subject to limit of 1 Crore.
However Sec 10(23c)(iv) donot specifically say about co - operatives but it just say "any other fund or institution established for charitable purpose" does it means it includes Co-operative society? Or there are separate provisions for Co- operative society Plz help.

A company had received rental income of Rs.25000pm after deducting TDS during the previous year 2006-07. But the rent payer has not issued a TDS certificate to the company for the period till date. Whether the company is eligible to claim the TDS during AY 2008-09
(PY 2007-08)upon receipt of certificate?

An STPI unit makes payment to an SEZ unit. Whether TDS needs to be deducted from the payment so made. Query arises because TDS is decutible from any amount chargeable to tax, and the income of SEZ is exempt from tax for certain number of years.