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sunil   01 September 2016 at 04:37

re-employment of a person of 60 years or taxation purposes

Dear Experts, Need your expert advise on the following: 1. Can a person be employed in an organisation as an employee on fixed period of 2-3 years or more on Salary basis where the normal retirement age is 60 years? 2. Is it mandatory to have a time gap in re-employment of a person who retires on a particular date? 3. Whether HRA, CONVEYANCE ALLOWANCE, MEDICAL ALLOWANCE , medical benefits, Leave ( casual, medical/ sick, Earned Leave, benefit of Provident Fund etc. can be given to a person who is so employed or re-employed? 4. Whether contribution to National Pension Scheme can be made by the employer to such employee who is/ was already a member of NPS of that organisation and the organisation has opted for extension of 10 years in his membership of NPS? 4.1 Is there any legal bar under any Indian Laws to give or not to give any of the above or all the above benefits to a person of more than 60 years? 5. Whether the amount paid to such employee be taxed as Salary Income or professional or other contractual income and TDS deducted accordingly? 6. Is it illegal to employ a person of 60 years or more on Salary basis? 6.1 Whether it is must to employ that person on contract basis and pay him fee only? 7. If such person is engaged other than on Salary basis, whether the amount paid to him will attract Service Tax on the amount paid.? 8. Advise generally on the precautions to be taken in employment / re-employment of a person of 60 years or more in the same organisation from where he retired in attaining the age of superannuation (60 years). My email id is : ceo@jghdelhi.net saggarsk@ gmail.com My mobile number: 9810137732. Since, the matter is urgent, your early advise is requested. Thanks and regards fir your advise. Sunil Saggar

sunil   01 September 2016 at 03:12

Employment of a person of 60 years or more on salary basis

Dear Sir, 1.Can a person of 60 years or more can be employed on Salary? 2. Whether that person can be given HRA as a part of employment contract? 3. Whether the salary paid to such person will be taxed as Salary Income and TDS will be deducted as Salary Income or at a rate applicable on professionals or any others? 4. Whether any law of the land prohibits or bars employment of a person of 60 years or more as an employee in an organisation where normal retirement age is 60 years.

sunil   01 September 2016 at 03:07

Employment of a person of 60 years or more on salary basis

Dear Sir, 1.Can a person of 60 years or more can be employed on Salary? 2. Whether that person can be given HRA as a part of employment contract? 3. Whether the salary paid to such person will be taxed as Salary Income and TDS will be deducted as Salary Income or at a rate applicable on professionals or any others? 4. Whether any law of the land prohibits or bars employment of a person of 60 years or more as an employee in an organisation where normal retirement age is 60 years.

Anmol   30 August 2016 at 19:08

Liability to pay stamp duty !



On a gift deed within blood relation for an immovable property a stamp duty of 5% is to be paid . Who is liable to pay that 5% . The donor or receiver ?
The receiver of the property had no money
and stamp duty was by donor . The case dates back when stamp duty was liable now it is not liable .
(The law now has changed and now there no stamp duty on gift by blood relation)

Ashish Shivhare   28 August 2016 at 13:18

Import of goods n release by custom agent

Tds applicable or not on payment to custom agent for handling charges if no tds give circular notification etc

AMIT KUMAR JHA   26 August 2016 at 17:13

Taxation

Can anyone charge VAT on Retail Invoice? If yes then Can i deduct TDS on Vat amount also?

Vishwanath   25 August 2016 at 19:32

Refund of motor vehicles tax

Hello everyone,
section 7(3) of the Karnataka motor Vehicles taxation Act states that "the Registered owner of the vehicles who has paid such tax is entitled to refund'. The RTO contends that it is only the first registered owner of the vehicles who is eligible to refund of road tax even though ownership of the vehicle is transferred to the third person.
By virtue of transfer of ownership of the vehicle, the rights and liabilities of the vehicle stand transferred to the present registered owner of the vehicle. kindly advise on what should be done to get a refund from the RTO.
Thanking you,
Regards,
Vishwanath

Satyan manuja   23 August 2016 at 22:16

Amendment in section 206c of it act clerification

My query is that the new rule of TCS applicable w.e.f. 01-06-16 whether TCS applicable on single transaction exceed Rs. 2,00,000/- or aggregate of Rs.2,00,000/-during the financial year applicable.

Sanjay   23 August 2016 at 18:31

How can we know the wealth/invstmt. of a deceased using PAN

Hi,
My father died in 2009. I was 22 years of age then. My father didn't share his investment & wealth details when he died suddenly. After all these years, how can I make use of his PAN card number to get the investment & wealth details of my father? Can I file an RTI to I-T department seeking the I-T returns of my father up until 2009? In what other ways can his PAN card number be used to excavate information regarding his investment & wealth? Also, my father was a retired pensioner of the TN gov't when he died. Can that be used in some way in my search?
Please advise.

Thank you.

Regards,
Sanjay

ramasamy   22 August 2016 at 17:37

Writ pettion



Can a company file writ petition before High court asking clarification on the pure question of law when alternative remedy of appeal also filed by the company and pending before appellate authority for long time and involving various years?