Sir since the FBT is liable only if employee is being benifited from the expenditure incured by employer.
In many cases it's very difficult to find out the exact proportion of his personal use ,say my company is paying my cell bill normally 1100/month. but it is being used by me for company business purpose as well as for my own purpose.
help me plz.
Thanks in advance.
Sir It is not clear whether the expenditure incurred under the head of "sales promotion & publicity" or any other head of FBT shall not be considered as FBT in any other head, say, traveling and hotel expenses incurred for "organizing a trade fair press conference or business convention" ( which is not liable to FBT as the same is excluded from "sales promotion & publicity" head) of employees shall be excluded from the other heads say "conveyance, tour & travel" or not.
please gide me.
Does any one have resource material on Society Taxation. Can you please provide it.
1. This section states that return of income need not file if the total income is less than the maximum amount not chargeable to tax. So is there no liability to file return if total income is below 1,10,000/- for FY 2007-08.
2. Is this section applicable to societies also.
One of our clients is in to the business of producing animation films for which it enters into contracts with non resident US Individuals in various capacities as writer, director, distributor etc. Whether the payments to such individuals be considered as Technical Service Fees for TDS. If yes, then what rate should be charged considering DTAA & IT Act. If no, then what procedure should be followed. Is there any provision for no deduction or lower deduction of tax. if yes, then wats the provision & the procedure. An early reply is sought.
What is the due dates for remitting the amount deduct towards TDS on Salaries
If the Salary is credited on 30-04-2007
if the Salary is credited on 01-05-2007 of April Month Salary
if the salary is credited / paid on 31-03-2008
How to locate multiple PAN allotted to Company
DIFFERENT METHODS OF CALCULATING THE INCOME TAX PAYABLE FOR A SALARIED PERSON WHILE DEDUCTING TDS
Please clarify Life Insurance Premium paid on Dependent Parents is eligible U/s.80-C or Not if Eligible please mention the details
Can Stamp Duty amount deduction claim on Purchase of House Property.
1. If Purchased during the year
2. If Registered during the year
3.If Newely Hosue purchased
GST LIVE Certification Course - 42nd Weekend Batch(With Govt Certificate)
FBT on telephone