Dear Sirs,

Please advice how to do limited reveiw of a listed company and what areas to be covered.

Whether different no of shares can be alloted in different share certificate of a company.
Whether minimum ceiling is 1 share per share certificate and maximum ceiling may be any number of shares per share certificate.

Dear All,

(1) X employees joins in April-09 his salary is Basic=25000 HRA 5000 total=30000.
He declares investment of 75000 and again in July he declares investment of 45000. Can any one tell me TDS during the year WITH FIGURE Pls

(2) What is tax loss or liabilities if company pays total 30000 or give in breakup like basic 25000 and hra 5000. Why some companies are paying total amount instead of giving break up..
Awaiting reply.

2 zzb) Service provided by a commission agent located outside India and engaged under a contract or agreement or any other document by the exporter in India, to act on behalf of the exporter, to cause sale of goods exported by him.

The exemption shall be limited to one per cent of the free on board value of export goods for which the said service hasbeen used.

The above notification is not clear to interprete, say when 3% commission is paid, whether we can claim exemption on 1% and pay service tax on balance 2% .

exempts the taxable service received by an exporter of goods (hereinafter referred to as the exporter) and used for export of goods (hereinafter referred to as the said goods), of the descriptttion specified in column (3) of the Table below (hereinafter referred to as the specified service), pertaining to sub-clauses of clause (105) of section 65 of the said Act specified in the corresponding entry in column (2) of the said Table, from the whole of the service tax leviable thereon under section 66 and section 66A of the said Act, subject to the conditions specified in column (4) said Table, namely:-


2 zzb) Service provided by a commission agent located outside India and engaged under a contract or agreement or any other document by the exporter in India, to act on behalf of the exporter, to cause sale of goods exported by him.

The exemption shall be limited to one per cent of the free on board value of export goods for which the said service hasbeen used.

The above notification is not clear to interprete, say when 3% commission is paid, whether we can claim exemption on 1% and pay service tax on balance 2% .

whether transaction of directors having less than 2% holding but have substantial interest in company shall be disclosed in register maintained u/s 301?

Whether 5 year FD in the name of minor son is eligible for deduction U/S 80C for father?
Thanks & Regards
CA SameerUpadhyay

suppose a person get salary for 6 months after words pension is started then how this effect shown in income tax return.

pension can we take as other source?

if someone incurred expense to generate income from lottery & puzzles .Can he claim deductions for the expenses that he bear
eg. Rs.150000 is income earn from puzzles but expenses are Rs. 100000 .What will be the taxable income in this case

Dear Sir/Madam,

Till March 2009 I was working in an organisation as an employee and I am also serving as a Director in a company. Company was deduting Profession tax from my salary. I would like to know following:
1. Shall I am eligible to pay profession tax as a direcor, when I am an employee of one organisation and they are deducting profession tax from salary?
2. From April 2009 I am working in the same organisation as a consultant and I am also continuing with the directorship in another company. What steps shall I take to comply with the law.

Kindly guide.

Regards,

Vijay