Raghavendra KS
17 March 2009 at 11:15

TDS on labour

I am working in private contractor firm. Here they are paying weekly payments. Our auditor warns us not to make voucher which exceed Rs.20k. And also same name labour should not repeat.

How it is possible to maintain like above, as such for ex. painter labour will exceed around 50k per month. And he continues to next 3 to 4 months. How it is possible to account acc. to TDS limited to Rs.20k.

Please give me suggestion in this area particularly so as to come over from this head ache.

Please ignore if any grammatical mistakes in letter.
Thanking you,


CA. SUJAL MEHTA
17 March 2009 at 11:15

Exemption of Subject in PE II exam

One of my friend has appeared in PEII in May 2007 and got exemption in one subject (Account) in First group. Now, since then he could not clear the other two subjects in first group.

According to me, his exemption in account will be withdrawn in June 2009 as three attempts are completed from May 2007.

Am I right? Please comment.


SHAH ATUL
17 March 2009 at 11:12

Housing loan from father

My father wants to give a housing loan by cheque with a interest of 10 % .

If pay him quarterly interest and loan instalment can i get deduction from salary u/s 80C as a loan repayment and interest u/s 24 as loan interest payment up to Rs.1,50,000.

He will issue aletter to me and i accept the terms and condition.

what is the other way to get the loan.


parvinder singla
17 March 2009 at 11:11

winding up of a company

A Pvt. Ltd Co. having capital of Rs. 100000 and reserves of Rs. 150000/-, no bank loan, and some fixed assets and a loan from a director, wants to wind up. What will be the procedure?
Also, the balance left after meeting all obligations and liabilities will be treated as dividend or it simbply be divided into shareholders.
Please ans
It is very urgent


SHAH ATUL
17 March 2009 at 11:11

Housing loan from father

My father wants to give a housing loan by cheque with a interest of 10 % .

If pay him quarterly interest and loan instalment can i get deduction from salary u/s 80C as a loan repayment and interest u/s 24 as loan interest payment up to Rs.1,50,000.

He will issue aletter to me and i accept the terms and condition.

what is the other way to get the loan.


Deep
17 March 2009 at 11:09

e-filing of income tax returns

e-filing of income tax returns started in a.y.2006-07 and then in 2007-08 onwards it expanded...i want to ask for which category of assessee's it is compulsory to file online return?


Tharish V
17 March 2009 at 10:58

Inclusion in the notice of AGM

if in a year, the directors of a company have not proposed dividend or have proposed nil dividend, then is it required to include DECLARATION OF DIVIDEND in the ordinary business of notice of the AGM...


Gangadhara
17 March 2009 at 10:49

code details

Hi,
Please let me know commissionerate code, division code, and Range code. my our pin code no.is 560042

Thanking You

Gangadhara.M


Gangadhara
17 March 2009 at 10:48

code details

Hi,
Please let me know commissionerate code, division code, and Range code. my our pin code no.is 560042

Thanking You

Gangadhara.M


SHAH ATUL
17 March 2009 at 10:46

Hosing loan from father

My father wants to give me loan by cheque with a 10 % interest for purchase of flat.

Can i get deduction u/s 80 C for repayment of loanb and interest u/s 24 interest for housing loan.

They will issue me a letter for purpose of loan which i accept with terms and condition for loan.

ATUL SHAH