EASYOFFICE
EASYOFFICE
EASYOFFICE


CA Sandhya S
23 July 2008 at 10:22

FBT

Was there any particular form to be filed with ITO for FBT in the year ending 2006


CA Sandhya S
23 July 2008 at 10:18

Unabsorbed depreciation

Can any losses from unabsorbed depreciation be set off against salary income.....
If yes which section permits it?
If no which section disallows it?


pradeep
23 July 2008 at 08:40

name in ITR

is it right thing to write same name of assesse as per form 16 in filing ITR. o


pradeep
23 July 2008 at 08:37

final results

i wld like to aplly for recountng.cn u let me tell on whom have to draw DD as well as addres.


saritha
23 July 2008 at 08:05

direct taxes

as per sec.25AA no deduction(30%) is allowed in respect of arrears of rent of previous years received in current year

as per sec.25B deduction(30%) is allowed in respect of arrears of rent of previous years received in current year

both sections are contradictory,which is correct

is deduction of 30% allowed if arrears of rent is received


CA CWA Yugandar PR
23 July 2008 at 02:35

double taxation

dear sir,
i have two brothers one in USA and other in Dubai.my query is they transfer the amount to my SB account and due to that my SB transactions are crossed 1000000. is there any problem to me regarding such amount as the banker will file details to IT abt the SB account, and i used the entire amount for house construction on my mother's name and for household expenses as direction made by them. is i should file return to IT or not required


aditya

Dear Friends & Experts,

My querry is as under:

A company has taken Group Gratuity policy of LICI for payment of gratuity to its employees. Annual contribution is paid to LICI based on Calculation done by LICI which includes Contribution to Gratuity Fund and annual premium for life cover of the employee to pay gratuity in the unfortunate event of death. In case of death gratuity is paid out of the Gratuity fund managed by LICI based on last salary drawn for actual years of service put-in and life-cover amount is by LICI for the remaining period of service considering the retirement age of 60 years. Amount of Gratuity and/or lifecover is restricted to a maximum of 20 months pay but not restricted to the limit of Rs3.50 Lakh and Income Tax is deducted on the amount in excess of Rs.3.50 Lakh.
My questions are -
(i) Whether the full amount of Gratuity (Gratuity out of Fund + Lifecover amount paid by LICI) received by the nominee of the deceased employee taxable as income of the deceased employee in the relevant AY or it will be taxable in the hands of the nominee?
(ii) Since part of the Gratuity Viz., the life cover amount, paid by LICI out of the group insurance policy for which annual premium has been charged by LICI, whether the same will be exempt u/s10(10D)in the hands of the deceased employee or his nominee ?

Shall be grateful for resolving my problem. Reply can also be mailed to me at aditya_asm@yahoo.co.in

Thanks & regards,
Aditya


CA. Rahul Chawla
23 July 2008 at 00:19

Service tax

if m giving coaching classes at home and have a turnover of Rs. 1.5 L, M i eligible to charge service tax...???

What is the basic minimum limit of turnover for service tax...???


harman preet

Friends,
i am a student of ca final,i want to doing a corrospondence cource of PGDBM from symbiosis puna.
shuld i take permmison from institute under form 112.
is this compulsury.
plz give me a suggesion, and ask your quary too.


S.A.Kumar
22 July 2008 at 23:46

regarding parallel courses

sir i want to do my icwai and my m.com through correspomdence mode .now im doing my ca pe2 and awaiting for my results.is there any possibility for doing icwai and m.com both at a time along with ca article ship . doing in such a pattern would lead to violation of institute norms ...could you please help me in this regard to do my m.com and icwai simultaneously