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Pankaj kejriwal
15 July 2009 at 17:01

work contract tax

We are deducting tax under wct from our contractor what next ?




Pankaj


CA Sunanda Badgujar

what is the taxability in the case where the parents are died in the year and there is only a minor survived?
in the case R P Sarathy vs CIT (2006, 5 SOT 732, Chennai), it was held that the minor's income in case where both the parents are not alive can not be assessed in the hands of grand parents or any other relative or even in the Hand of Minor.
Based on the above case, Who will be liable to file the return and for the tax liability on the income arise and accrued from the property of died parents?


narender
15 July 2009 at 16:55

Reg - Tax Applicability

Dear Friends....

a private limited company is reimburshing the transport expenses of employess (from residence to office )

is it taxable in the hands employess

as Transport allowance is 800 P.M from I.T

and they are reimburshing more than 3000 Rs. P.M (except Transport Allowance)


praveen agarwal
15 July 2009 at 16:55

ESI

IN A COMPANY TOTAL EMPLOYEES ARE 25. 15 EMPLOYEES ARE GETTING BASIC WAGES MORE THAN 15000/-.

COMPANY WILL BE COVERED UNDER ESI?


sudha
15 July 2009 at 16:52

Result of PCC June 2009 examination

When will be the results of June 2009 PCC exams are going to be announced?


Satya Pratap
15 July 2009 at 16:26

Payment of cash beyond Rs. 20,000

An NGO is not liable to Income Tax provided it complies under the terms of section 11, 12, 12A, 12AA and 13.

However, is it anyway oblized to follow the intent of section 40A and Rule 6DD.


GIRISH D.P
15 July 2009 at 16:25

income tax

Dear Friends N Respected Seniors.,
From the following data,furnished by Mr Rajesh,determine the value of the house property built upon a freehold land in 1985 in Delhi.

1)Munncipal Value for the previous year 2005-06 2,00,000.
2)Rental Value 4,00,000.
3)Municipal Tax Outstanding 25,000.
4)Cost of the House property 30,00,000.
5)Aggregate Area 1000sq.yds.
6)Minimum area to be left open 75%of Agg.Value
7)Built-up-area 15%of Agg.Area

Pls clarify anyone regarding this.
Advance Thanks.

GIRISH


CA Parag
15 July 2009 at 16:24

SERVICE TAX ON GENSET

DEAR EXPERTS,

Suppose Mr.A rents generator sets to Mr.B who in turn rents it to Mr.C a customer.Mr.A also rents to Mr.C directly.

Who is liable to pay service tax when Mr.A rents to Mr.B who in turn rents to Customer?

Please advise me. Reference to any case law may also be given.


chandan
15 July 2009 at 16:16

income tax return

hi friends... I have a question.....

some one make his PAN in Kolkata & file his return from Kolkata till 2007-08. after that means he has been transfarred to Delhi branch and salary processed from Delhi since nov-08 in 2008-09.

Now the question is
1. should ITR be filed from Delhi for 2008-09 onwards.

2. if yes then what is the procedure to change the address of PAN or something else has to be done

3. if ITR should be filed from Kolkata then the problem is we have not deduct any professional tax.


C A tejal
15 July 2009 at 16:10

tally 9

I have a client whose data in tally 9 was corrupted.
I have a data for the year 2006 to 2008 which they sent me for audit in previous year.
It has also the same data but due to some problem its data folder is correpted so after that they have opened new company and started entry in that for the year 2008-2009.
now my Q is whether it is possible to merge their data of the year 2008-09 with my data of the year 2006-2008?
so that to create one common data folder and one common company for the year 2006 to 2009.
thanking u.......