India

2007-02-22 00:45:29 · 3 answers · asked by sandeep_tyagi21 1

WANT TO KNOW ABOUT INCOME TAX BRIEFLY

2007-02-21 22:41:20 · 3 answers · asked by ganguli y 1

If some one is hired as Consultant or Retainer after retirement(reaching age of 60 years) in India, some companies offer lump sum compensation and deduct TDS at 5.2% and ask one to pay Service tax at 14.5% which may be reimbursed by the company. My questions are-
1. What is one's liability towards Income Tax?
2. Is Service tax paid deductible from one's income or tax due?
3. In case Service tax paid by individual is reimbursed by company, is this amount to be considered in total income ?
4. What other expenses are allowed deductable from income for Income tax e.g. Depreciation on car, interest on car loan etc.
5. How often one has to pay service tax in a year and filing of return?
6. What are the advantages to a company to hire as consultant as well as to individual?
Thanks
VK.

2007-02-21 19:04:14 · 4 answers · asked by Anonymous

2007-02-21 04:16:08 · 4 answers · asked by PRASHANT B 1

Hi,
I harindar kumar gupta want know about current TDS rate of Person including individual,HUF, Partnership Firm, AOP,BOP, Company & other.

2007-02-20 18:34:29 · 5 answers · asked by hkg 2

I Harindar Kumar Gupta want know about Deduction of Income tax under section 80 ccc to 80 u. I want know about other Deduction u/s 88 ,

Harindar Kumar Gupta
Noida-201301

2007-02-20 18:29:28 · 3 answers · asked by hkg 2

Capital Gain is taxable but what about Capital Loss? Is there any help under income tax laws for capital loss?

2007-02-20 08:36:54 · 4 answers · asked by Anonymous

2007-02-20 03:30:32 · 8 answers · asked by dev d 1

2007-02-20 03:14:07 · 4 answers · asked by Anonymous

Iam a commission agent representing Chinese companies for marketing their products to Indian companies. Will service tax be applicable on the commission I received from my Chinese suppliers? Likewise I also market some Indian suppliers products to Chinese buyers, and commission received from such Indian suppliers also attracts service tax ? Is there a way in which I can find a way out of this loss of income on both sides??

2007-02-20 02:50:42 · 4 answers · asked by Atuls 1

I wants to know that if a company is deducting monthely tds from a person salary.
If the company provide him tds certificate at the end of the financial year.what are the
Further step for filling income tax return

2007-02-19 21:44:13 · 3 answers · asked by BHAWAN S 1

to my PF contribution????i guess it will sstill be there and i can claim it?

2007-02-19 17:23:39 · 5 answers · asked by dev 1

The mother is ill from gyn. cancer with three mths to live. Gave me the name of the director of this bank to contact to transfer the
money into my a/c for the future of this child. Any comment? If you really could help out since you have been in the financial firm
I would appreciate it. Now, they are asking for my personal information together with the bank a/c .

2007-02-19 17:12:55 · 3 answers · asked by Kanyarut S 1

Does anyone know that there is such bank exist?

2007-02-19 15:21:16 · 2 answers · asked by Kanyarut S 1

2007-02-19 13:15:59 · 5 answers · asked by Vijay Soni 2

2007-02-18 22:01:02 · 4 answers · asked by Vijay Soni 2

2007-02-18 14:21:55 · 4 answers · asked by sreya 1

and what is the fee to pay zero income tax?

2007-02-17 23:38:36 · 6 answers · asked by Vijay Soni 2

And why it is necessary?

2007-02-17 23:27:23 · 3 answers · asked by Vijay Soni 2

2007-02-17 04:47:41 · 6 answers · asked by ku l 1

2007-02-17 01:29:45 · 2 answers · asked by Himanshu Gajwani 3

i want that statement for incometax return ,, i have taken home loan from icici

2007-02-16 21:34:28 · 8 answers · asked by Ajay P 1

2007-02-16 00:19:07 · 3 answers · asked by Himanshu Gajwani 3

some type of reimbursement. It is like throwing money away and I am not that rich where I can throw money away. I purchased the jar at the Ft Sill Commissary. I purchase peter pan peanut butter on a regular basis. If we are not given anything except throw the jar away, I for one will switch brands. Thank You

2007-02-16 00:17:49 · 9 answers · asked by djdrcd 1

Mrs. suchi's salary is Rs. 32,250 per month exclusive of HRA .she donates rs. 12000 to prime minister's relief fund (100%exemption )She donates rs. 6000 to a school and gets a relief of 50%on this donation. She contributes rs.5000 per month towards her provident fund .She pays a quaterly premium of rs 2,500 towards her LIC policy and invests rs. 25000 in NSCs. If rs. 2,700 is the tax deducted each month from her salary for 11 months , find the tax deducted from her salary in the last month of the year.

2007-02-15 23:57:28 · 1 answers · asked by dimple 1

2007-02-15 19:38:43 · 2 answers · asked by Amit 1

2007-02-15 07:55:32 · 3 answers · asked by Super24 1

2007-02-15 06:37:56 · 3 answers · asked by vini 1

I AM IN KERALA DISTRIBUTING HOME APPLIANCES IN KERALA. I AM HAVING CENTRAL SALES TAX REGISTRATION. I HAVE BROUGHT WET GRINDERS FROM COIMBATORE UNDER 4%CST. THE METERIALS HAVE HELD UP IN CHECK POST AS I HAVE NOT ENDOURSED WET GRINDERS IN MY CST REGISTRATION CERTIFICATE. IS IT AGAINST LAW? IF SO WHAT IS THE REMODY? WHAT IS THE MAXIMUM PENALTY WILL I GET?

2007-02-14 23:50:07 · 1 answers · asked by flair 1

S.Mathivathani trader
174-Hanumanthapuram agraram
Dharapuram.
Erode district
Tngst.Rc No.3021383
IA code.158
we want tin no.,

2007-02-14 21:37:30 · 3 answers · asked by T.SELVARAJU T 1