Dear Experts Kindly help me

if a salesperson is getting
Basic salary= 8000 pm ( annual= 96000.00)
Da = 5300 pm ( annual = 63600 )
Hra = 4600 pm ( annual= 55200 )
Incentives= 2500 pm ( annual= 30000 )
Reimbursement of Conveyance Charges = 10511 pm ( annual 126132 )
His monthly Income= 30911.00
His annual Income is= (96000+63600+55200+30000+126132) = 370932.00
Less: Reimbursement of Conveyance Charges = 126132
Net Income = 244800.00 annual

Q No. 1 = Should we deduct TDS from his salary?
Q No. 2= As he is getting 30911.00 per month, can we pay this amount in two parts like one cheque of rs. 20000.00 & second of rs. 10911.00
Is there any rule to pay total amount of salary in one cheque?

Can we file revised Annual Return i.e MGT-7

Dear sir,
can vat paid on fixed assets be available for credit.
If so, are they required to be in included in Vat return And How??

Hello All,

My query is:-

In a private limited company, there are 2 directors (X) & (Y).

If (X) is authorised for GST behalf of company then Need to sign both directors on GST board resolution?

If (X) is authorised for GST behalf of company then Need to sign only (X) director on GST board resolution?

If (X) is authorised for GST behalf of company then Need to sign only (Y) director on GST board resolution?

Please reply.

Thanks

Please let me know HSN Code of Lubricants for Motor Vehicle, i am little confused on this HSN Code. Also HSN Code for Spares of motor vehicle.

Good Morning to all,

Yesterday, I try to migrate my client from S.Tax to Gst after submitting the appication after signing with DSC.

I check the status shows "Submitted and Pending for verification"

Is there is an any problem and Now what can i do.

Pls. Suggest me urgently

TDS got reflected in 26AS of F.Y.2014-15 after filing IT Return, so claimed in return of F.Y.2015-16. now in 143(1) of F.Y. 2015-16 it is showing tax payable for TDS not reflecting in 26AS of F.Y.2015-16 but in fact it is reflecting in 26AS of F.Y.2014-15. Should I write letter to AO for rectification?

TDS got reflected in 26AS of F.Y.2014-15 after filing IT Return, so claimed in return of F.Y.2015-16. now in 143(1) of F.Y. 2015-16 it is showing tax payable for TDS not reflecting in 26AS of F.Y.2015-16 but in fact it is reflecting in 26AS of F.Y.2014-15. Should I write letter to AO for rectification?

Our company incorporated on Nov 2012 and we have filed only two annual returns. Initially we focused on android apps development and then dropped it due to market saturation. Then we started working on new technology and successfully designed a working model. Now we got a small industrial order from a chennai based company and also looking for more works from them. In this situation what shall we do.

a) close the company and start a new one (or)
b) file all arrears and continue to get a fresh start

Dear Sir,

I am a service tax assessee having a partnership firm providing HR consultancy. My last revenue generation had happened in 2015-16 and the amount was Rs 10000/-. After that I have stopped doing my business as I have taken a job. Though I have stopped doing my business I have been dilligently filing my ST3 till H1 2016-17 as I have a service tax liability of more than a lac rupees which I could not deposit.
My question is that do I have to migrate to GST or keep filing my zero returns under service tax until I clear my service tax liability.