Easy Office
Easy Office


Sanjay Jain

Hi Experts,

Can any one help in structuring a salary package of INR 21L per annum for availing max tax benifits, even by converting most of the payments into FBT category, wherein the company is prepared to bear FBT, which is of-course much less than an individual paying IT @ 33% for this bracket.
Any calculation in MS excel / tips welcome

Answer now

CA Balakrishna Bhat
06 February 2009 at 09:26

disclosure of undisclosed income

Is there any scheme for disclosure of undisclosed income & property under income tax? (like VDIS in 1997)

Answer now

shyam
06 February 2009 at 09:02

NSC CALCULATION

Gud morning,

Please advise how much NSC amt we can take for the Income tax calculation. For e.g, suppose a male individual is having Rs.100000 NSC, can we avail full amt for the income tax payment .

I know that the under section 80c ceiling upto 100000.


Answer now

pradeep agrawal
03 February 2009 at 16:03

deduction u/s. 80c

stamp duty on purchase of residential plot , whether deductiable or not ?
construction on house not yet started.
Also loan taken for purchase of plot, whether interest and repayment of loan amount are deductiable ?

Answer now

Sapan Kumar
02 February 2009 at 19:49

TDS on sale of Software Product

We are purchasing some software lisences from abrod and installing the same to our customer site in India as a part of implimentation.
1.Whether Service Tax is applicable for the same when we are billing to the customer?
2. Whether the customer should deduct the TDS on advance payment or full payment towards the sale of the same?
Kindly give your expert opinion on this

Answer now

Rishi Gupta
02 February 2009 at 15:18

Comparive analysis of PPF v/s VPF

Could you please tell me which one is better and why.PPF is public provident Fund gives 8% p.a lock in 15yrs and voluntary Pfovident fund gives 8.5% interest and I think both are tax free.

Can anybody give more light on these for Tax purpose u/s 80C.

Answer now

karl316
27 January 2009 at 15:52

FBT

If a company 'X' pays for expenditure of AOP 'Y' and later gets it reimbursed( assuming there is no cost sharing agreement between the two ),then who is liable to pay FBT on the above expenditure ?

Answer now

CA Madhu Soodan Tapuriah
27 January 2009 at 15:39

allowable business expenditure / loss

Can some one provide me relevant income tax circular which gives relief to share brokers for the losses occurred due to wrong punching of transactions of the customers.

Answer now

VIPIN KUTUMBALE
25 January 2009 at 14:56

tax treatment under business / capital

my brother was doing cable opertor business in a certain area/ network, generaly in the cable business, it is tradition right to do business in that area/ network along with the customers( subscribers ) sale to the party.

now the consideration Rs. 50,00,000/- received for sale of right to business in that area / net work . the amount received whethere capital gain or business income and how it will be taxed, 30% as General Business income or tax under capital gain at 10%/ 20%

Answer now

Pankaj Jhawar
24 January 2009 at 11:00

UNiform allowance

What is the amount which is exempt U/s 10 of uniform allowance. What kind of supporting is requierd for claiming this exemption.
Please refer any circular/case law/notification
Thanks

Answer now