Income Tax queries [35967]

All Resolved Open

sandeep

06 March 2009 at 14:48

fbt on lic of employee

Hi,
the employer is giving his employee the LIC
the is paying the amt of lic premium .
whether it is applicable to FBT or not?
Any one can suggest me?

VIVEK KARMANI

06 March 2009 at 14:43

A Socity is registerd under Socity Registration act 1972 in m.p.this society is operating a school.& there reciepts are 16 lacs during the financial year 2007-08.& after deducting all expenses surplus is 45000.
now my query is that is this society has to file a return ?& if applicable then how much tax liability will be imposed. this society is operating school only. not any other activity.

sandhya

06 March 2009 at 14:39

salary

pls claryfy the basis of salary calculation which means %of da, hra ect for got employees

haresh

06 March 2009 at 14:37

medical exp

dear sir/madam

i have no any mediclaim policy but i made 22000/- expenses on medical and hospital charges. can i avail deduction rs. 15000/- as under section 80D or not

SANDEEP AGGARWAL

06 March 2009 at 14:24

Interest u/s 234A

Wheather interest u/s 234(A) is payable where additional tax is payable under revised return.

Regards,

CA Sandeep Aggarwal

sandhya

06 March 2009 at 14:03

provident fund

whether the provident fund paid by both the employer and employee is deductable under section 80c?

whether the portion of pf paid by the employer is the part of salary?

if not sent me a detailed explanation

Rashi

06 March 2009 at 14:01

CA holding chairmanship in a company

MR A is a Chartered Accountant. He and his wife are holding more than 50% of shareholding in ABC Pvt Ltd.ABC Pvt. Ltd is an insurance broking company. Can Mr.A (Chartered Accountant in Practice) hold office as director or non-executive chairman in ABC Pvt. Ltd.