Please help me. My question is that whether the employer is required to take the PAN no. of the land lord is any employee gives rent receipt. and what is the limit of the same. Is the employer is also required to take the ITR of the landlord to verify that whether Income from House property was declared in his return and by what amount?

Whether Efflument treatment expenses is covered under the service tax net?

I know that Vat will be chargeable even if Srevice Tax is applicable in some transactions(Ex. in case of works contract). My doubt is that the act says that if the assessee takes INPUT CREDIT of VAT, he has to pay VAT separately. I dont understand this concept. Does this mean that if VAT is not charged separately, Service Tax is chargeable for cost of materials provided along with the cost for service ?

A company wants to take employer -employee insurance.so firstly i want to know that premimum which was paid by the company is libele to FBT, and the premium paid by company for the employee is taxable in the hands of employee or not?

and if this policy assign to employee after a year on surrender value then what tax libility will comes in?

And amount received on meturity of policy by employee is taxable or not?

Megha Gupta

Hi,

I am confused whether to rejoin CA or dicontinue the same, since May 2008 is my Last attempt which iam not giving.

My plan was to rejoin CA, but the new sylabus has made to give a second though about the same.

Request you to help in this regard or suggest me the better way i can proceed.

suppose tds has been deposited inexcess to the amount pertaining to a particular quarter can the excess payment of tds be claimed as benifit in the coming quarters

The Woods are lovely dark and deep
But I have promisses to keep
And Miles to go befoe I sleep
And Miles to go befoe I sleep

An Indian Airlines employee was granted aloan by the company to meet the expenditure of training as a trainee pilot.The company now recovers a monthly installment from the employee.
The recovered amount is included in his salary though in actuality it is deducted by the company from his net pay.He is currently paying tax on this sum as well
Is this sum exempt from tax under the income tax act?

In the market hundreds of financial accounting softwares are available. Most of them are not technically developed.

In india any govt. rules or regulation to control / certify these softwares as per std norms and rules set by the govt.


SK

Suppose an enterprenuer has employed some labourers on contract basis who will be relived after the contract is over.
they are paid wages @ Rs. 100 per day with Rs. 5 per day as commission.
Under which head Tds will be deducted
- Section 194C
- Section 194H
or both by dividing the expenditure into their respective natures.