Ankit Jain

Dear All,

As per rule 26 of Income Tax Rules, the SBI's TTB rates to be taken for converting foreign currency.

Where to find SBI's TTB rate without going SBI (Foreign Branch) daily for getting the same.

Please reply

Thanks
AJ


Ajay
20 September 2007 at 12:07

TAN Number

TAN Number is Compulsory in case of Comancy


chandrashekar
20 September 2007 at 10:05

TDS on purchase of software license

Dear professionals,

If a company purchases software licenses, should the company deduct TDS from the payment to be made to the vendor?

Thanks & Regards
Chandrashekar.


Mrugank

Some one receives claim under Motor Accident after 10 years and that also with interest. What is the position of taxability under the Income Tax Act for both claim and interest. Insurance Company has deducted tax at source on the interest amount.Please have your views


Ajay
19 September 2007 at 17:40

Fringe Benefit Tax

What are the facility on which FBT should be charged & what is the rate of FBT


Nitesh Jain
19 September 2007 at 16:28

ITR form for RRB's

Dear Sir,

Which ITR form I have to fill in case of Regional Rural Banks? Please guide me.

Thanks,

Nitesh


aparna
19 September 2007 at 12:17

salary assesment

if an assesse fails to declare its investment before filing returns to its employee, no what he hold he do?
as we know that while filing new ITR form no document are attached to it, if he declare it in ITR then what is the proof that he has invested that much of amount


Sara.........
19 September 2007 at 10:28

Cost of Software - Capital or Revenue

For a credit card manufacturing company, can the cost of acquired software be claimed as Reveneue Expenditure?


lenin
19 September 2007 at 10:28

IS FBT APPLICABLE ON VEHICLE HIRE CHARGES

Is FBT applicable on vehicle hiring charges of a consern & under what section is it applicable







Mukesh Nigam

I am usually sent abroad by my company and I am paid per diem by the company, this is in addition to the salary which I get in Indian rupees and on the salary the company does TDS.

Sometimes the perdiem is paid in India in cash ( in foreign exchange) and sometimes it's paid abroad in cash. I save from this per diem allowance and which i take back to India and get it credited to my account.

Do I need to pay tax on this amount or there is any provision thru which I can save. I am in the highest tax bracket.