Dear all,
FACTS:
One of the employee of a company dies in an accident in the office premises.
Employees of the company decided to provide one day salary as their contribution to the family of the employee who died in the accident.
Please advice on the TDS and other tax implication on the above transactions in the hands of the employees/company/and the receiving family.
Thanks in advance
Shailesh Agrawal
08 March 2010 at 11:54
goods r not cleared ,BE can be amended or not
An Indian exporter should sign long term contract in usdollar or Euro and logic behind it ?
is there any program to buy oil in non us dollar currency ?
anupam sharma
08 March 2010 at 10:30
Can a person employed in a private company claim both HRA on a rented house in which his family stays at Delhi and interest on home loan on aself occupied house at chandigarh where he works??
For correction in Pan data , What is the procedure to be adopted a new karta in the event of death of existing karta
Ishan
07 March 2010 at 13:54
Is a person liable to wealth tax for assets held by partnership firm in which he is a partner?
If yes, than how the value is to be determined?
Please Help .....
Anonymous
07 March 2010 at 00:31
Hello,
We have a Limited company in Hong Kong, and I am a resident of India.
You might be knowing, in Hong Kong the income generated from other countries is tax free, most of our income is generated from other countries and we are exempted from tax.
I'd like to ask, how can I bring my money to India from my Hong Kong company by paying minimum tax.
I'll be really glad if you can help us.
Regards
MB
anupam sharma
06 March 2010 at 10:50
is education allowance exempted form tax for school going children only??? is there an age limit for child to claim such exemption??
Anonymous
05 March 2010 at 21:27
the assessee had suffered from Hypertension & Ischaemic Heart Disease and therefore (Angioplasty) PTCA with Stent to LM done. and the assessee claims for amount of Rs. 134820/- towards expenses incurred tor this medical treatement. and he reimbursed such amount from his employer.
Now whether the total amount of Rs. 134820/- is exempt from tax because such amount is incurred for heart deases.
if it is exepmt, under which section?
please give details urgently.
I want to know that whether Medical Rembarsement u/s. 17(2), and as per Income Tax rule 3A-2(d) is exempt ? please advise me urgently
school fee
school fees of the childern up to Rs 1000 comes under saving and if also i get rembrsment what will be the effect ?