Hi,
We have a employee in our company. His child is diagnosed Cancer and undergoing chemotherapy treatment in Govt hospital. I want to know is he can take deduction for this in tax or what section 80DDB provision regarding this.

Please reply ASAP. Thanks in Advance

Sold land for Rs 1 Cr in 2010. Same land was purchased for Rs.10 lakhs in 1996. Now got IT notice to submit books of accounts. No other income during the year 2010. What shall be the consequence of IT notice in terms of Tax, Interest, Penalty? What are course of action to be done to solve the issue.

ONE OF MY COLLEUGE WAS ATTENDED LIVER TRANSPLANTATION SURGERY DURING FY 2012-13 (AUG & SEP). HE SPEND IN LAKHS.

MY QUESTION IS HE ELIGIBLE FOR CLAIM UNDER SECTION 80DDB (MEDICAL FOR SPECIAL DISEASES)

WHAT KIND OF DOCUMENT TO BE GET FROM HIM?

SIR

SUPPOSE I DEPOSITED ALL TDS AMOUNT ON TIME DEDUCTED BY ME, BUT BY MISTAKE I FORGOTTON TO DEPOSITED TDS RETURN ON TIME & IT COMES IN LIGHT AFTER THREE MONTH . SO PLEASE TELL ME NOW IS THERE ANY PENALITY RISE ON ME FOR THE DELAY.


THANKS & RGDS

MUKESH KUMAR

dear sir,
one of our empolyee in our company has medical allowance of Rs.17500/--
he has claimed Rs.7500 balance avaible Rs.10000/--
during visit to site in tamil nadu he had undergone medical treatment while in the site
he goted the expenese of Rs.17500/--
now magmt had taken the decision that balance avaible in medical allowane will deducted from his account balance will paid by company account.
1)Rs.2500/- taken in income tax or Rs.10000/--
as medical limit is Rs.15000/--

we sold material to sez before one month, but customer refuse the shipment as by mistake we mentioned wrong name of their company, we received all the invoice as well ARE - 1 (Without SEZ Authority Signature) back. now i want to know the procedure of return it back and re issue the ARE - 1 and Invoices. and the cancellation of ARE - 1 is possible ?

is it possible to have a negative amount in the balance sheet of a company correspondence to Reserves and surplus?

Company (CO) has entered in to agreement with one food company (SP) who provides lunch and snack to employees of CO. Employees pay part payment and Co. pay balance amount to SP i.e. subsidized rate.
SP has been provided with place and other instruments etc. by CO. SP cooks and serves in the airconditioned premises of CO (but does not serve liquor).
As per notification 25/2012 and 24/2012, does this service falls under Eating Joints or Out Door Catering?
Does eating joints means Canteen?
If this is eating joints than it will fall under 25/2012 and till March 2013 service tax is exempt..Kindly help..

For right information go to rbi site>bankers>appointment of statutory auditors. Till date only list of SCAs is being shown on this link and list of bank branch auditors (SBAs) is not to be hosted...

My friend received allotment of 2 branches from INDIAN BANK...??????

Is it possible..????????????

Dear Expert,
We are registered with central excise ( DTA Unit) and needs to supply to 100% EOU Unit following the procedure Form CT-3.( without excise duty)
100% EOU is going make payment in foreign currency.
Query
1) Whether we can prepare Invoice U/R 11 in INR?
2) Whether we can prepare form AR3A In INR?
3) Whether RBI allow 100% EOU to make payment in foreign currency?
4) whether any procedure to be followed by DTA Unit to receive the payment in foreign currency

thanks in advance