one of our client his company incorporated on 9th jan 2008 than how much Profession tax he wants to pay for the F.Y. 2007-08 & F.Y. 2008-09.
as per my knowledge for F.Y. 2008-09 his profession tax liability is Rs. 2500/-
but for F.Y. 2007-08 how to calculate the profession tax liablity? it should be by monthwise break up of Rs. 2500/- because there is only 3 months in F.Y.2007-08 or i want to pay full Rs.2500/-
please understand my querry & reply as early as possible

If a person taken Housing loan from a Bank and paid EMI regularly the interst pard is Rs.66544 for the year but he has paid Pre EMI Interst also of Rs. 8,137 , is it pre EMI interest allowable for deduction .same way he had taken another Housing Loan and paid pre EMI interst of Rs 98974 and next year paid Pre EMI interst 153537 and aid full amount to the Bank, is it allowable for deduction.

There r two entities, one is Proprietorship & another is Pvt. Ltd. Co.
the proprietor is a director in co.
Employees getting salary from Proprietor business as well as from company.However only company deduct P.T. while making salary payment(co. Consider the salary from Proprietor business for slab purpose). is it correct. (as both entities are different i.e. proprietorship & Co.) Also if payment of P.T. make late is any interest we have to pay?

Thanks in Advance.

Regards,
Mahendra.

Hii Sir,

I have a short term capital loss ( Shares & Securities ) around some 75000/- during this year ( 2008-09) and moreover i'm a salaried person. So what are the details to be submitted for IT Department for claiming this loss and STT has been deducted for transactions ans so could u help me out in this matter

Thanking you

Please give me the monthly due dates for filing VAT CST EXCISE Duty PF and ESIC returns

hi ,,,im filing etds return of my client,,in this quarter he has deducted the tds on professional in one case at rate of 2%,and deposited the smae,,,now while i am filing the return does it matters or not ,,and what are the remedies plz clarify this,,thanking u

i had short term deposit and got interest for that 191000 and this will part of total income so is there any deduction for this under which section.the interest for savings account are also to be included in other sources head. so any deduction for both interest are available r not.

Hi
I just wanna to ask that whether study material provided by BOARD OF STUDIES is sufficient for clearing C.P.T or I have to purchase some other side books (like Tata Mc-grew hills) for it?

waiting for reply.......................

If there is no libilities in a perticular quarter wether filing of e-tds return is compulsary or not

EX. if in Q3 no libilities and will Q4 libilities come so Q3 tds e- tds return is comulsary or not.

pls help

If there is no libilities in a perticular quarter wether filing of e-tds return is compulsary or not

EX. if in Q3 no libilities and will Q4 libilities come so Q3 tds e- tds return is comulsary or not.

pls help