what is the procedure to get the residential land registered in the name of temple which is to be constructed by the land owners of that residential land? suggest a remedy that results in least cash outflow? Should it be registered again paying stamp duty? Take into consideration Tax effects and also property registration rules/act. Pl explain in detail. Pl help me out in this issue

Please let me know the threshold limit to be regarded as specified employee for the purpose of Section 17(2)of Rs. 50,000 is per annum or per month. Thank you..

Whether payment made to private travels for car hire charges is in the nature of contract or rent.? I mean to say whether TDS is to deducted u\s 194C or 194I for such payments.?

Thanks in advance..

Dear All,

It is always argued that when a bill/invoice is attached to a cash payment voucher of Rs 5000/- or more , then it is not necessary to affix Revenue Stamp.
Pl clarify whether this is right argument having legal base.

Thanks for your alltime and prompt advices.

Anand

Sir,

Our employee has submitted a mediclaim receipt to claim the income tax benefit.

This policy is in the name of his parents & the policy nowhere mentions the employee's name on it. However, he is claiming that the payment for this policy has been made by him only.

Now, what is the employer's liability in this regard? Can we admit this document as valid for IT relief ?

Reply urgently,

Thanks

Subhash

I m a service provider to a wharehouse where i reimbursed my expenses which i incurred on behalf of my client. my Que is that what JV i pass in my books of accounts.
(1. i had pais salary Rs 250000/- in which Rs. 180000/- should be reimbursed from my client, same repair expenses 145000/- from which 85000/- belongs to client.

2. i raise the bill of my services regarding the above expenses which i have incurred.by charging ser. tax with my service tax.

i m registered in ser tax.

I am Ashish kumar from Hyderabad pursuing IPCC. I want to take coaching in New Delhi. Which is the best teaching professional for individule paper. I want to talk any CA student from Delhi. Please give me your no. or call me on this no. 09959986907 or 9346341756.

Sir,

Our employee has submitted a mediclaim receipt to claim the income tax benefit.

This policy is in the name of his parents & the policy nowhere mentions the employee's name on it. However, he is claiming that the payment for this policy has been made by him only.

Now, what is the employer's liability in this regard? Can we admit this document as valid for IT relief ?

Reply urgently,

Thanks

Subhash

Advance given to a director who holds more than 25% of shareholdings of a private company should be treated as dividend as per 2(22)(e). If the advance given are in the nature of salary advance, purchase advance , toor advance etc then, whether the above mentioned provision will apply or not?

Mr. Y has taken education loan for study of MBA and his father Mr. X paid interest on loan of Rs.45314/-.

Can father claim the exemption of interest paid on Education loan of his son. Son is doing study and he is not able to pay the interest.

Pls help me.

Regards

BALJINDER SINGH