An employee leaves a company by paying 2 months notice pay. He is paid his salary for the last month net of notice pay period i.e. salary minus notice pay period. Whether this net amount is taxable in his hand or gross salary is taxable ? If gross salary is taxable, whether he is entitled for deduction of such notice pay from his gross salary in his return of income ?
DEAR SIR/MADAM, IF I ISSUE A DEBIT NOTE FOR SALE OF PLASTIC BAGS TO ANOTHER PARTY, IS GST APPLICABLE ON IT?
HERE I AM A PRODUCER OF LITHARGE(CHEMICAL POWDER) AND PACKS IT IN 25 KGS PLASTIC BAGS.
I PURCHASE EMPTY BAGS FROM PURITY BAGS LTD
BUT A PARTY(GRAVITA LTD) TO WHOM I SELL LITHARGE, WANTS A 1000 EMPTY PLASTIC BAGS FOR ONLY INTERNAL PURPOSE.
SO, IF I GIVE(SELL) 1000 EMPTY BAGS TO GRAVITA, IS GST APPLICABLE ON IT????
I am Job worker - printing of embroidery work.
After may research I got the information SAC code applicable to me is 998821 / 998822 but this code are not available of gst.gov.in site for selection of services.
And due to this, I cannot able to complete my application procedure for registration.
So, can anyone help me in this matter, what code to be select to complete my registration procedure??
Thank you in advance
what if
A person was re-inducted as an Additional Director in July 2013 but was not regularized as director in the AGM held in 2013. he signed Financial Statement as Director of the company for the year 2014 - 2015. he also signed Income Tax Return of the Company for these years.
Whether his work is valid as per Section 176 of companies act, 2013
please provide the link at which result will be declared today.
At what time is d result expected today ??
& d pass percentage ??
How d checking has been done strictly or they have been a little linient due to new course coming into effect soon ??
A salaried income individual had not received reimbursement from her employers by submitting bills. She was not paid any Medical Allowance. She is not having any Medical Claim Policy. Can she claim Medical Expenses in her Return
I have duly filled my form 108 and sent to ICAI...wherein the southern regional council says not received it at all...it was sent with my original estamp of article ship bond.
Now I don't know what to do about this everything original was sent and they say they never received it
My previous year 2016-17 turnover is 29 lakhs and automatically migrated to GST, and the question is whether we have to charge GST from 1st July on basic 1 rupee charging to customers or up to 20 lakhs exemption threshold limit is available for the current year? or we can charge the customer after crossing 20 lakhs limit..
I have income from Salary and also from Car Rentals. I have only one Car which is being used on hire. The car was bought through bank finance and I have to pay the EMI every month against that. Now my questions are...
1. Against the income from the Car Hiring, is the EMI amount deductible u/s. 80C to 80U. If EMI amount is eligible for deduction then under which section?
2. Which ITR form is required to be filed having income from Salary and income from Car Rentals?
3. Due date of filing the applicable ITR form?
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Taxability of notice period pay