Sir if the director Directly deposit the amount in the Bank of the co. without account payee cheq.(some how Rs 40 cr).& the co. remitted the whole amount by way of account payee cheq.
Is this transaction will attract the above sec.

My father-in-law desires to gift a large sum to my minor daughter. The amount has already been taxed in his hands as income.

I would like to know whether this amount is likely to be taxable in my hand.

Alternately, can he gift this amount to my HUF / my wife.

Sir,

I am a salaried employee.

How much i can get benefit for fees paid for my MBA from SYMBIOSIS (an UGC approved university)? & under what section?

Thanks

Subhash Jha

One of my client a private ltd is freight Forwarding Agent who takes cargo of their client from India to be sent to the warehouse of Importer factory outside India. Necessary formalities are carryout at port of India by my client and other formalities and payments are made by the agent of respective country in its currency. After completion of this job, my client is required to remit the sum which his agent has spent plus agrred amount as brokerage/Commission or share of profit.
IS TDS require to be deducted on such remitance??? if yes provide the exact provisions of I T Act

hello friendz
plz tell me whether ded.u/s 54 EC is available against short term capital gain also besides long term
bcoz word given is"any capital gain"
thankx

can purchase cost of spectacles be considered under medical reimbursements? if so, is there any limit. Can I purchase one spectacle frame for Rs.15000/- and claim reimbursement?

Can a Salaried Individaul take Both HRA Exemption & Home Loan Intrest deduction?
If Yes ,How?

I am talking of two different houses, one where person is living for employment reason and another house where his family living.

Sir,

In calculation of capital gain in MF investments,how to decide to set off some loss & to ignore some loss ?

What is the effect of dividend in calculation of capital gain ?

Kindly explain.

Thanking you.

Subhash Jha

I am On Deputation from my company to UAE since July20 and would be spending more than 183 days outside India in the current fiscal year.

Will I be treated as NRI for the Current Year?

My Company is not paying any salary for this period and paying allowance in USD which is being remitted from India to Dubai and encashed in UAE.Company is Paying FBT on these Payments.Would this amount be Taxable even if I am Outside India for more than 183 Days in the current Year.

Please advise?

Dear Experts

How much rate of % PF and ESI,