Bhavesh G Joshi
26 September 2012 at 18:39

New profession tax number in maharashtra

HOW DO I KNOW MY NEW PROFESSIONTAX NUMBER
AND HOW DO PAY MY PROFESSION TAX ONLINE


Kapil Tiwari

My relative, who is 81 years old, sold a plot of land on 25th July, 2012.The land was purchased by her prior to 1/4/81 and she has earned long term capital gains, after indexation, of about Rs.60 lakhs. What is the advance tax payable by her by 15th september, 15th december and 15th march 2012? I have heard that senior citizens do not have to pay advance tax with effect from 1/4/2012. Is this true? If true, can you please inform me the relevant Income Tax notification number and date?


preeti
23 September 2012 at 16:24

Tds applicability


Hello,

Tds under which section will be applicable for below case 94J or 94C?

Two comapnies are there ABC Ltd & XYZ Ltd, ABC Ltd has 400 employees and XYZ has 1 employee as General Manager, who works for ABC Ltd being employee of XYZ Ltd.

For this arrangement both the compnies has mutual contract betwwen, every month ABC Ltd gets Debit note/ Invoice with Service Tax for his Salary from XYZ Ltd .

Please advice under which section with reason tds is to be deducted.

regards,
preeti


MANRA
23 September 2012 at 15:56

Tds deduction

Hi,I joined a company in august and now they are asking for my investment declaration,they said TDS would be deducted from coming month (september salary) how will they calculate TDS? what Investment declaration shud i submit to save tax? Basic-243000,hra-121500,medical-9600,special allow.-150900,medical-15000.total-540000 p.a and 45000 monthly (no deductions).Pls.guide asap.



Anonymous
22 September 2012 at 13:11

How much percentage deductible

Sir,
I have one contractor, we enter with agreements of proficenal works, but how much tax deductible by amount.



Anonymous
22 September 2012 at 11:52

Interest for late filling returns

Dear Sir/Madam,

please get me the details that is their any interest charges for the filling the income tax for salaried person for the A.y.12-13.

Thanks & Regard
Prasad.



Anonymous
21 September 2012 at 20:45

Pan discrepancy

I HAVE APPLIED FOR PAN CARD [NOT A FRESH APPLICATION] AND AFTER SOME TIME I HAVE RECEIVED MASSAGE ON NSDL SITE AS UNDER

[PAN provided in your request for 'New PAN card and/or Change/Correction in PAN Data' has been deleted / deactivated by Income Tax Department and is under examination at ITD.]

can any one guide what further i have to do


Jigz Vira
21 September 2012 at 17:30

Digital signature

What are the consequences in which digital signature is compulsory for efiling of income tax return?



Anonymous
18 September 2012 at 12:43

Cs articleship

Dear All,

Can you Suggest me regarding my confusion related CS articleship.I am working in a Company from last 10 months & recently Cleared my CS Executive in June-12.
Now can i take benefit of Experience of 10 months & only for 5 months i have to do articleship or from now it will be started.

So please guide me for taking benefit of Experience.



Anonymous
13 September 2012 at 17:27

P. tax deduction

I would like to know that should we deduct P. Tax on the actual salary or the gross monthly salary.

For example, if Mr. A is entitled to a monthly salary of Rs. 10000, but due to pay cut his salary is reduced to 9000.
Then,
what will be the amount of P. Tax to be deducted? Will it be Rs. 110 or Rs. 90?
(As per West Bengal P.Tax slab)