My company has provided me Fuel & vehicle management reimbursement , and driver salary as part of my salary.

Is this exempt from tax ? What is the ceiling limit for fuel and driver salary ?

The salary and exemption details are captured in Form 16 ? Is this enough to file tax or do i need to submit any other documents while filing tax ?

In one case, the firm has credited sale of asset to its Profit & Loss A\c. Firm doesn't want return to be revised due to fear of unnecessary scrutiny as the refund payable shall be of substantial amount.

Does revise of return leads to Scrutiny?
Is there any way to rectify the error through current or subsequent returns?

Circular no 9 dated 23.03.1943 gives right to the hirer to claim depreciation so whether expenses for repairs incured by the hirer would be allowed as deduction.And kindly also explain the difference between installment purchase and hire purchase.

I AM A LAWYER WORKING AS A RETAINER IN LAW FIRM I AM GETTING A FIXED RETAINERSHIP PER MONTH . I AM GETTING TDS CERTIFICATE AS PROFESSIONAL INCOME UNDER SECTION 194 J SHOULD I TREAT MY INCOME AS SALARY INCOME OR PROFESSIONAL INCOME. WHICH ITR SHOULD I FILE ITR 2 OR ITR 4

TAX WAS DEDUCTED AT SOURCE FROM MY INTEREST INCOME AND TDS CERTIFICATE WAS ISSUED TO ME BY THREE PERSONS FOR ASST YEAR 2008-09. i FILED MY RETURN BEFORE DUE DATE. i CALIMED REFUND FOR TWO CERTIFICATES BUT FORGOT TO CLAIM FOR THE THIRD TDS CERTIFICATE. MY ASST IS COMPLETED. CAN I CLAIM REFUND OF TDS FOR ASST YEAR 2008-09 IN MY RETURN FOR ASST YEAR 2009-10

Our company has paid oecan freight to Maersk, MSC I P. Ltd and to other liners.

Shall we deduct tds these payments. The freight amount invoiced in USD and then convert in to INR . we have paid in INR.

Kindly advise

if a salaried employee is getting salary more than the exemption limit than the employer of that employee is liable to deduct tax at source for that year .generally tax should be deducted every month from the account of employee.my querry is that if the employer decides to deduct tax of the employee from july or aug or sep onwards for the whole year,than is he liable to pay interest as tax of every month is due on 7th of succeeding months and the tds has not been deducted for the month of april,may ,june.No liability for tds has been created for the month of april,may,june

1.Can a company make payment to an independent director as commission.


2.If Yes then,Whether TDS on Commission paid to an independent director shd be deducted u/s 192 or 194H.

what is the last date for filling the form 15G / 15H for the year ended 31.03.09. one of my client not filed the forms 15G/15H till date in the income tax department, our income tax consultant told us that if we have not filed the such forms in time then the ITO will added back the expenditure claimed by us in p & l account.in our income. please give your valuable advise that now what we should do ?

What is the procedure of claiming refund in T.D.S. and in what circumstances it is allowed?