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Deekshit
04 July 2009 at 15:03

Gratuityq

Gratuity is not paid if the No. of years of service is less than 5 yrs. But, such no.of years of service can be used for calculation of exempt limit on income from such gratuity... I wanted to Know if the No.of years worked as an article assistant can be considered for calculation of the above??? If not then why???


harish babu
04 July 2009 at 14:59

residential status

hello every one
Iam an employee of tata consultancy services.For the PY 2008-09 i was in india for 170 days and after that i went to australia on project work and not yet returned.In this case am i a resident for the py 2008-09.i have a doubt that whether i went on employment purpose or i went on official tour.

thanking you


SHAILESH SANGANI
04 July 2009 at 14:37

NO DTAA WITH HONGKONG

Dear All,

India does not have DTAA with HongKong.

I want to remmit money towards tour expenses to one of the Hotel in HongKong,
which does not have P.E. in India.

Am i supposed to deduct the tax. if yes Why ? if No why Not?


varun jain
04 July 2009 at 14:36

TDS

Respected sir,

Please advise me on the following tds issues
a) Whether surcharge is applicable: if A ltd makes payment to Ankit( individual) of Interest Rs.6 Lakhs and Commission Rs.5 lakh. Now total payment is Rs.11lakh. Whether TDS rate should be inclusive of Surcharge or only cess. i.e. 11.33% or 10.30%

b) In case, assessee deducts TDS but rate is not proper.Assessee deducts TDS at the rate of 10.3% but rate should have been 11.33%.So,now what is implication undersection 40(a)(ia).Whether expenses should be proposiontely or other wise.


Roshan Bothra

Whether service tax will be levied on Fabrication and Galvanization work done by us on material provided by customer.
If yes under which category and whther any abatement is there?????


Amit
04 July 2009 at 14:16

Section 80DDB

hi, can u tell me that by-pass surgery is also included in the desease covered in Section 80DDB


Sundeep Kandoi

Hello,

Car invoice was raised in the company name on 31/03/2009.
The car was registered with RTO in the company name on 10/4/2009.

Query:
Can the company claim Half yearly depreciation on the car in the Fin. Yr. 2008-2009?


lalit
04 July 2009 at 14:05

service tax on GTA

Sir
Registered firm having business of minirals and recived materials by truck.firm paid local fright to one truck is Rs.1000.00 including hamalli.firm paid total fright of Rs.25000.00 in a day to diffrent 25 trucks. firm paid below 1500.00 per truck.whether firm is liable to pay service tax or not


CA Pragya Ganeriwala
04 July 2009 at 14:00

regarding deduction of TDS

When are we liable to deduct TDS? Suppose if there was tax audit of a firm in F.Y. 2006-07 and in F.Y. 2007-08 there was no tax audit, but again in year 2008-09 there was tax audit again in the firm.Then whether the firm is liable to deduct TDS on the expenses made in year 2008-09?


laxman solanki
04 July 2009 at 13:52

Tax Treatment on capital Gain to NRI

Dear sir I have an query regarding Tax /TDS on sales proceeds received on sale of Comercial property by Non Resident in India.(property purchased during when he was resident ans sale proceeds not transmite in FC.)
Long Term Capital gain is Taxable.
1- pls answer the point as under-
2-Indexation benefit avaliable or not
3-Exemption benefit available u/s 54 EC /54F (if invest)
4- whether buyer will deduct the TDS ,if yes then at what rate.
5- whether NRI can apply for non deduction or Lower dedcution of TDS to ass.officer.
6-There is any scope to save capital gain tax







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