EASYOFFICE


KAMAL PODDAR

ARE GIFTS MADE TO ANY ONE DEDUCTIBLE AS BUSINESS EXPENDITURE IN P & L ACCOUNT.


KAMAL PODDAR
12 June 2009 at 17:53

DONATION EXPENSES

I HAVE MADE DOANTION TO APPROVED HOSPITAL ELIGIBLE FOR DEDUCTION UNDER SECTION 80 G IN THE ITR THERE IS A COLUMN IN P & L FOR DONATION SHOULD I CLAIM IN P & L ACCOUNT OR IN REBATED UNDER VIA SECTION 80 G
AM I ELIGIBLE FOR 100% DEDUCTION IN BUSINESS EXPENSES FOR DONATION TO ANY ONE.


Sarat
12 June 2009 at 17:49

sripend received from firm taxable

Suppose a C.A. Student receives stipend from his employer, is that stipend taxable in the hands of the article.The article is having other income which exceeds the basic exemption limit which are subject to tax.
For example Mr.X is having income from other sources Rs.155000 and is receiving a stipend of Rs.15000 P.A. will his stipend be included while computing his total income.
Kindly reply me soon
Thanks in advance


KAMAL PODDAR
12 June 2009 at 17:49

TAX DEDUCTED AT SOURCE

TAX WAS DEDUCTED AT SOURCE FROM MY INTEREST INCOME AND TDS CERTIFICATE WAS ISSUED TO ME BY THREE PERSONS FOR ASST YEAR 2008-09. i FILED MY RETURN BEFORE DUE DATE. i CALIMED REFUND FOR TWO CERTIFICATES BUT FORGOT TO CLAIM FOR THE THIRD TDS CERTIFICATE. MY ASST IS COMPLETED. CAN I CLAIM REFUND OF TDS FOR ASST YEAR 2008-09 IN MY RETURN FOR ASST YEAR 2009-10


Prashant
12 June 2009 at 17:36

tds

if the co is got merged with another company and name of company is changed. the company has paid tds to the governemnt in the old name whether the assesse who is claming a tds credit will get it or not?


Mayank
12 June 2009 at 17:26

Whether donation is liable to FBT

Our clent makes donations which are covered under section 80G - 50 percent eligibility slab. They are paying FBT on the full amount under "GIFTS". Are these liable to FBT & if, yes, then whether on full amount or amount net of deduction under section 80G.


Sundararajan G
12 June 2009 at 17:09

Tax evasion


How can we intimate the incometax officials about any tax evasions,

Do we need to give proofs/ documents or a mere complaint would be enough ?

Do we need to disclose ourselves for lodging a complaint ? Will it be kept with confidential ?

Briefly what are the procedures and also responssibility of the persona making a complaint.


Akshay B Ostwal
12 June 2009 at 16:58

Amalgamation Accounting

There has been an amalgamation of two private companies. The transferor company had in its books share application money. The amalgamation was in the nature of merger. The amalgamation scheme provides a broad accounting treatment for accounting of all assets & liabilities.

How will be the share application money be accounted in the books of the transferee company.

Can the same be shown as "Share application money" in the books if not then what is the accounting treatment.


sanjeev saini
12 June 2009 at 16:57

Additional Dutis

Dear All,

A Manufacturer imports some materials, and send the same to his sister concern and passon the basic excise duty and additional duty. passing of additional duty is wrong or right. please advice and give me the references if any.


jay arya.........
12 June 2009 at 16:53

defered tax liability

HELLO, CAN ANY ONE TELL ME ABOUT DEFERED TAX LIABILITY/ASSETS. WHAT IS THE AMOUNT DETERMINE OF DIFERED TAX LIABILITY/ASSETS WHEN AMOUNT OF DEPRECIATION AS PER INCOME TAX ACT RS. 450 & DEPRECIATION AS PER COMPANY ACT RS. 550

THANKS IN ADVANCE