Whether TDS is applicable on payment of freight to truck owners in cash. Individual track of truck owners is not possible. So how can we check the limit. Truck owners submit GRN in the name of some transporters. Should we check the limit of Rs. 50000 transporter wise whose GRNs are we have received.

Sir,
One of my Clients who is a non resident in UAE has sold goods to Indian Company for 15 million dollors.and now the company wants to make payment for the same.
My Question is that will tax be deducted for the payment of goods and if so which section is attracted.. Also if there are any RBI Regulations of the same.

Thank you.

FOR THE PURPOSE OF CHARGING DEPRICATION UNDER THE COMPANIES ACT WHAT RATE OF DEP. SHOULD APPLY ON LAND & BULDING.OR IT IS POSSIBLE TO NOT DEPRICIATE THE ITEM BECAUSE IT ACCOMPAINED WITH THE NON DEPRICAITE ITEM. PLS TELL ME THE PROCEDURE OF CHARGING THE DEP. ON LAND & BULDING.

Is there any Circular or case law relating to rent paid to father or spouse and claiming exemption thereon on such amount. however i could not find any provision in the act for such.

Well however sec. 80GG limits assessee or hisspouse or child to own any residential accomodation. Does this impede any implication on the above matter.

Can an employee take benefit of HRA u/s 10(13A) from more than one company in the same financial year.

If an employee get the treatment of cancer from the hospital approved by CIT at his home, and the expenditures are reimbursed by his employer. Now i want to know whether this reimbursement will be fully exempt or up to Rs 15000(as he is not hospitalised)?

Is there any penalty for filing ITR after due date of an assessee having tax audit, though tax audit has been conduced before due date

Can HUF gift the amt standing at the name of their ex-karta to the present Karta's Son.....

will it be shown as loan to him from HUF or their will be any other treatment possible ??????

plzzz answer...its urgent....

thanx

Deduction of Tuition fees paid is allowed u/s 80C, but it is with the condition that the course should be full time.
So, my query is, whether a person doing part time MBA or Executive MBA cannot claim benefit of fees paid?
or there is anyother wayout to claim the deduction for the fees paid?

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