Is there a provision to rectify the name in the institute records (ICAI)??
hello sir/madam
i have a doubt regarding mediclaim ... if any employee of PSU unit has spend money on medical treatment.. and later on same received by him later on through cheque... whether it should be include in income first and then deduction under sec 80D ..or their is any other procedure.... plz frnds do rply ..
with regards
himani gupta
Whether directors remuneration shown as related payment transactions in tax audit report?
My DD is payable at New Delhi but my firm address is of Ghaziabad(UP).Can it be deposited in New Delhi pls tell its urgent.thank you in advance...
in form no 102&103 articals registration date 05/03/2013.sir ihave received the acknowledgement letter of articals registration on 07/05/2013.now if i sent final registration application from which date they consider for articalship registration.
SIR, IF a Registered contractor makes a contract with Public works Department or Forest Department or any other State Government Department and executes work. Income tax u/s.194C has to be recovered from the bill presented.
U/s.194C -TDS is to be made @ 1% where payment is to be made to an individual or a HUF and @ 2% in other case.
Registered contractor (bills in a financial year around Rs.50 lakhs) . Should we treat him as individual or others. How do we know a contractor is an Individual or others..
Please let me know how what is the percentage of tax to be recovered and other statutory deduction to be recovered like surcharge, education cess and labour cess etc.,
DK Ltd. Purchased some machines as follows:
1. On 1/7/2009 Company purchased a Plant at cost Rs.85000 and freight incurred Rs. 5000 and erection charges Rs.10000.
2. On 1/4/2010 Company purchased another Plant at cost Rs. 150000.
3. On 1/10/2010 Company purchased another new plant at cost Rs. 20000 and freight incurred Rs.3000 and erection charges Rs.2000.
4. On 1/7/2011 other new Plant purchased at cost Rs. 70000 and erection charges Rs. 5000 incurred.
Company follows SLM of dep. at 10% p.a. But 2011 beginning onward Company decided to change its method of dep.from SLM to WDV at 15%p.a with retrospective effect.In 2011 on April 1st. 1/4th of plant purchased on 1/7/09 sold away for Rs. 13150.
Show Plant a/c up to Dec.31st., 2011.
Explain the meaning of Sec 234E of the Income Tax Act.
Is the above said section applicable for the previous year 2012-2013?
Facts of Case are as below :
1. Stipend (mentioned in the appointment letter as "stipend")received as Medical officer undergoing Post graduation with a central government hospital without any employer- employee relationship.
2. No TDS is deducted by the hospital for the stipend given although its above the basic exemption of 200000 and is also reported in FORM 26AS under section 192 but without deducting any TDS.
Query :
1. Whether this stipend is exempt or taxable?
2. If exempt than whether assesee should file ITR-1 or ITR-2? ( as it is mentioned on income tax site that any exempt income above 5000 then ITR -2 is to be filled)
Sir,
I have filled IT E filling For Asst.year 2012-13, dt 24.09.2012 the TDS Refund of Rs. 57000, I can't get refund amount till date How can i know what is the reason. Income tax e filling website the Ack.Received receipt is there that date was 28.10.2012.
For last month my friend got refund cheque for the date of filling 05.11.2012.,
Why i can't receive that..
Thanking you
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