what is the way of understanding this complecated subject?
An employee of our client has shifted from Bombay to Pune.Apart from meeting his air ticket expense, the company gave him an allowance based on his grade(the company has a policy to give fixed allowances on such occasions based on the grade of employee irrespective of whether any actual expenses are incurred agaist it or not) which is not against any actual expense. Air ticket expenses have been charged to FBT. Whether the allowance given would be taxable in the hands of employee or chargeable to FBT?
I want to close our last year books please guide me about Closing Entry for Advance Tax, Provision of FBT, Deferred Tax Liabilities, and Income Tax Refund
Please help me on this:
One of the clients wants to convert building into stock in trade. How to determine the Fair Market Value of the building for taxation purposes.
Dear Sir,
Banks & other financial service providers charge service tax on bank charges & other services. Can we take cedit of service tax on such business auxillory services? Is there any time limit to avail cenvat credit on banking & financial services?
DEAR SIR/MADAM
IN THE F.Y. OF 2008-09 WE HAVE FILED E-TDS RETURNS WHERE I GOT U.T.N. NUMBERS THESE F.Y. PLEASE TELL
THANKS IN ADVANCE
DEAR SIR/MADAM
IN FORM-24Q IN ANNEXURE-I DETAILS FILING IN THE COLOUM OF TAXABLE AMOUNT ON WHICH TAX DEDUCTED (318) IN THIS COLOUM TAXABLE AMOUNT MEANS
ADD: BASIC SALARY+DA+HRA+CCA+ETC.=100
LESS: PF+LIC+GIS+PT = 15
PF,LIC,PT,GIS IS DEDUCTED BY 85
THE EMPLOYER
WE ARE ENTERED IN COLOUM NO (318) 85 OR 100, PLEASE TELL
THANKS IN ADVANCE
Why deferred tax worked and deducted from current year profit ?
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)
CAclubindia
understanding about audit