1.What r the Tax implication on the Retainership earning of the Chairman from his company???

2. Can he claim any expense or save any income from Tax???

3.Can he adjust his earning against Business Loss of the company???

Dear All,

Is it is mandatory that private limited company have to pay the TDS challan online, or they can manually submit it to the collector bank. Because we have a current account in HSBC bank and hsbc Bank have no option to pay online.

any gain/loss arising from commodity market transaction from MCX can be shown as short term gain/loss or only speculative treatment. give me some idea.

Pls let me know how to get Unique Transaction Number for TDS payment and Preparation of Form 16 & 16A

i have wrongly entered 2008-09 instead of 2009-10 in challan 281 as assesment year and the payment is already made..if i want to change that as 2009-10 what i have to do? please answer this.....

If a man's salary 19000/- per month
And there is no TDS has been by the Company. Then how to deposit tax.

With the new rules in place with regard to TDS, how do we make the TDS payment for the month of April relating to A.Y.2010-11?
Plz explain in detail

Hi,

Below is the current breakup of salary in our company

CTC PER ANNUM 2100000
CTC PER MONTH 175000
SALARY STRUCTURE
Basic & DA 87500
HRA 35000
Conveyance 800
CCA 23018
Total [A] 146318

STATUTORY BENEFIT
PF Employer's Contrib 10500
Gratuity 3640
Total [B] 14140

MONTHLY REIMBURSEMENT
Medical Reimbursement 1250
LTA 7292
Fuel Reimbursement 6000
Total [C] 14542

GRAND TOTAL [A+B+C] 175000

As most of the employees are high salaried persons in our company, I want to know whether we can give any more exemptions to employees like food coupons, driver salary, vehicle maintenance etc.

If we can,please let me know the maximum amount we can give on food coupons, drivers salary and vehicle maintenace.

Kindly help me out in this regard.

What is Curent Rate of TDS For Corporate

a. Payment Of Contractor

B. Payment Of Professional Charges

c. payment of rent

Dear Friends,

I want Rs. 1 Lac after 3 year for a social function.

For that i want invest monthly, so that i can get Rs.1 Lac including interest after 3 years.

What is the best option for the same?