LCI Learning
Master NDPS 2.0: Latest Legal Developments, Best Practices & Landmark Case Studies

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Anonymous   29 December 2011 at 11:16

Dinning tax @ 20%

what is dinning tax sir ?
i went with my friend one day in pizza hurt there in that bill it was shown that dinning tax@20 % ...
so which sec does this come under?

Anonymous   28 December 2011 at 21:41

Changing name on pan card

i would like to change my sir-name on the pan card, from my married name to my maiden name, as i have been separated for over 2 yrs. I use my maiden name at the company i have joined. my driving license and voters id is also in maiden name,as i have got these before marriage, and do not want to change them. my bank accounts are also in my maiden name. The pan card office is asking for a gazetted copy of the name change. The sub-registrar is saying that since my maiden name is my original name they can not help ,a nd that pan card office should acknowledge my birth certificate as proof. the pan card office finally said that they need a divorce document. the pan card has my fathers name under mine, and his name is on my birth certificate as well. PLEASE HELP ME FIND A WAY TO GET MY BIRTH NAME ON MY PAN CARD.

DEBENDRA NATH SAMAL   28 December 2011 at 15:31

Expert view on central excise

As per central excise law,audit is undertaken in every two years whose duty payment is more than one crore, as the unit is registered just last year but the audit official of commissionerate wants to take audit this year which completes only one year. Whether they are right to take audit or not?

Anonymous   27 December 2011 at 21:04

Trf from pvt ltd

Pl. advise..
Can the pvt ltd company can transfer any amount of money other than the commercial transaction, say loan to a proprietory organisation where the Direcot is the Proprietor of the organisation

What is the maximum limit and what are the consequences on transfer..

Mukesh   27 December 2011 at 19:17

Hra for huf

I am Karta of HUF , also a salaried employee. Salary component has an HRA .

I stay in an house own by ancestor, now in the name of my spouse.

Can I pay rent to HUF ( as i cannot pay rent to spouse ) to claim HRA ?

Anonymous   27 December 2011 at 15:49

News paper allowance in salary

If a fixed news paper allowance is given in salary and duly mentioned in Salary Slip. Whether it is taxable or exempt. If taxable then can it be treated as exempt by furnishing bills of Newspapers and magzines.

Manoj Yadav   27 December 2011 at 15:47

News paper allowance in salary

If a fixed news paper allowance is given in salary and duly mentioned in Salary Slip. Whether it is taxable or exempt. If taxable then can it be treated as exempt by furnishing bills of Newspapers and magzines.

Manoj Yadav   27 December 2011 at 15:45

Clarification on explanation [(baa)] to section 80hhc of the i.t. act

As per the explanation [(baa)] to section 80HHC of the I.T. Act: Profit of the business means Profit of the Business as computed under the head "profits and gains of Business or Profession" as reduced by, inter alia, 90% of receipt by interest. In this connection whether interest income ought to be considered net of Interest expenses. ( Refer : Honda Siel Power products ltd. v Dy CIT) [2000] and Pink star v. CIT [2000]

Mukesh   27 December 2011 at 15:25

Hra

I am Karta of HUF , also a salaried employee. Salary component has an HRA .
Can I pay rent to HUF ( as i cannot pay rent to spouse ) to claim HRA ?

Human   27 December 2011 at 13:38

Cash transaction allowed per day between individuals

Dear Experts,

Is there any law / act / rule regarding the MAXIMUM PERMISSIBLE LIMIT of Cash Transaction between any 2 Indian Citizens in a day?

If there is one, please help with the relevant Act / Rule / Clause.

Also, if someone does a cash transaction Higher than the permissible limits in a day, what are the penalties related to the same?