If a person is earning basic salary of Rs 12000/- per month then PT liable to be deducted is Rs 200 p.m except in the month of Feb Rs 300/-.
However in the above case if a person earns Rs 4000/- (i.e deduction on account of leave taken) then whether PT is liable to be deducted Rs 200/- or NIL?

In the present case, Property in India is held jointly by husband & wife. Husband is a NRI residing in Dubai whereas wife is RESIDENT of India. This property is let out on rent.

I wish to know, whether should we deduct TDS u/s 195 (TDS on payments to NRI @ 30.9%) or u/s 194I (TDS on payment of Rent @ 10%)

if in form 16 no any employee libel to pay tax then filing of tds return require or not.

plz.advice me with details

Dear all

I want to know TDS rate for payment of professional fees to Nigeria


Thanks& Regards
Sandeep Singroha

Sir, i take transfer after one year without valid reason from articlship. i Receive a letter from institute that your transfer form 109 is considered after givig a resaon of transfer.
i have no transfer reason. so what can i do pls tell me my friends

sir, i hv filed my return for the FY 2011-2012 on 28/03/2013 (Belated Return) ignoring the fact that i hv already deposited a sum of Rs. 11000 as advance tax on 31.03.2012, i filed a return for nil tax. now the status is such that my income is below slab but i hv deposited advance tax, now the return cannot be revised since it is a belated return,, kindly advice me to rectify my return.

can a assessee take deduction u/s 43 b other than cash basis ie..forget to take deduction on the year in which payment was made.thereafter realise it, and want to take in next year...?? plz reply with case if any

A company has received compensation on compulsory acquisition of a part of its land. What is the tax treatment of such compensation?

Dear All,

Can anybody provide me the draft MOA of a online computer technical support company. You can refer to http://www.wesofttech.com/ for more details on the working area of the Company

If A is a Private Limited Co., is constructing the Shed. Contractor "B" raised the Bill & Charged the Service Tax 50% on 40% of Taxable amount and rest 50% is payable by the receiving Co. " A".

"A" has capitalized all the Expenses for New Shed i.e. the Bill of Contractor "B" including the Service Tax Charged. Now what will be the Position of Rest 50% Service Tax paid by "A" under reverse Charge ? Is it Expense or "A" can capitalize the same. ?