Is it ok to do normal salary based tax filing if an assessee has received compensation from a US based company for services rendered to the company, while being based in India? The company does not have any official subsidiary in India. The assessee is an employee directly in the books of US based parent company.
sir, the assesse had paid tution fees for him grand children he is not in a position of grand children guardian. is the assesse is eligible for deduction u/s 80c ?
thank you.
How can an individual assets of Directors & Promoters be converted in the name of Pvt. Ltd.?
What shall be the procedure. ?
Pls Suggest !!!
agriculture Land of my assessee was acquire by the central government through official gazette and compensation was duly paid in the month of july 2013.
1. the land was situated with in the 8 kms of city limit and it was a individual property.
2. the land was used for the agriculture purpose from past 20+ years.
my question is that the assessee has proof of agriculture activity on that particular land till F.Y. 2010-11 by way of confirmation of sugar factory but from F.Y. 2011-12 the confirmation was received on the name of his son which was not a owner in 7/12 so can i claim the exemption in section 10(37).
the assessee got the letter of confirmation from the "talati" of the village that the particular land were used for agriculture purpose.
the assessee also got the letter of confirmation from the sugar factory that factory has collected the crop produced on that particular land.
so can we claim the exemption u/s. 10(37)??
thanxs
I calculate EPF on an employee as follows
BASIC:- 8000
Personal Development allowance:- 2000
Education Allowance:- 2000
Total CTC is:- 12000/-
EPF is calculated on 8000.
Increment is applicable yearly on April. An employee was getting Basic 6000 for FY13-14, He got increment on Basic from 6000 to 8000 in April, then against He got increment on Basic on 8000 to 10000 in August. I want to know should I start calculation EPF on Basic 10000/- or 8000/-, becoz as I was advised to keep calculcating EPF on Basic 8000/ till september 14, for Oct's salary EPF will be calculated on 10000/- on wards.
Is it mandatory to Alter whole AOA as per New Companies Act 2013 for Increase in Authorised Share Capital?
Sir
we are exporter of ready made garments, we had received USD 100000.00 form overseas buyer without any kinds of exports.
Sir my question is above USD received it taxable or not.
Thanks
Hello sir/mamI want to know whats a treatment of amount brought by new partner??if its treats as goodwill?or if treats for stock amount ??
I want to know what would be the impact on MAT for decrease in Depreciation and credited to P& L for Rs.2.00 Crores, recalulated due to change in method of depreciation from WDV to SLM
my client has received an letter from cpc mentioning communication on arrear demand..and also mention in it that i may be a intimation u/s-245 what can i do now? is he have to paid the demand amount? pls help me
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961
Income from a us based company