Dear Experts,

Kindly advise.

Since FBT has been withdrawn now, what kind of perquisites can be taxable in the hand of employees. For Example -
Can reimbursement of expenses towards running & maintenance , business promotion can be taxed in the hand of employees or not?

Another, we were providing meal vouchers to employees that does not attract FBT , can it be made taxable now in the hands of employees.

Thanks for your valuable suggestion.

Kamal Sethi

Dear Friends,

FBT Paid by the company & firms for the Q1 of 2009-10. How this will be adjusted or refunded as this is abolished fron 2009-10.

Sir i have given my PCC exams this june.Also i have written my BCOM exams offered by IGNOU exclusively for CA students and i have cleared all the papers but my degree will be complete only when i complete articleship and pass PCC exams.
My query is i want to join CS now.Is there any rule that along with CA we can take up only 1 additional course? Since i have written all the papers of BCOM can I take up CS now?

While trading online in shares I have incurred following expenses:

DP charges (Annual)
Bank chrages like ATM card charges etc
Internet charges
Computer Maintenance and Upgradation
.

Kindly let me know if above charges are deductible for Short Term capital gain. If not, if same can be shown as expenses under Other Income (to earn Dividend, interest income)?

Regards

Hello
Plz tell me
1. Can person sign the income tax return on behalf of his brother if he is NRI. tell me the procedure for the same.(format of authority letter and other documents)

or
2.Can NRI appoint a chartered accountant as representative assessee for signing his return. (tell me procedure for the same)

sec 269ss -in 3cd is it only required to report if unsecured loan taken > 20 thousand from any party in cash?? or also to be reported if unsecured loan taken in bank ( account payee cheque)

WHAT IS ENTRY TAX??
PLS GIVE EXAMPLE IF REQUIRED?

Whether Investment made in SIP is deductible or not as per Section 80C of Income tax Act ?

What is the interest rate for calculating 234B and 234C interest amount for AY 2009-10. Income Tax webiste says it as 1.25 percent, but i find it to be 1 percent in most of the other sites. Please clarify.

Thanks in Advance.
-- Surya