An employee who paid by cash in excess of 20000/- against one singele invoice, to any hotel as lodging expenses, and he gets the same reimbursed from his employer, will that expenses get disallwed under Sec 40(A)(3).

Please clarify more clearly.

i want to know that whether TDS refundable after adjusting net tax liablity can be adjusted with FBT payble...?

pls solve the query its urgent.

my grandpa had opened an FD with bank in 2006-2007 for 2 years. it matured in 2008-2009. the bank deducted TDS in interest on accrual basis but my gradpa has not accounted interest on accrual basis. now after 2 years the bank gave TDS certificat of 2006-2007 and 2007-2008. My query is can my grandpa claim TDS deduction of 2006-2007 and 2007-2008 in year 2008-2009?

if a company is paying rent to NRI then at what rate TDS is to be deducted

When an employees resigns from organisation and also withdraw the balance of provident fund accumulated in his PF account, then amount of such PF is taxable ? and if taxable under which head it is chargeable, i mean Salary or other sources ?

"Employee leaves the organisation and withdraw PF within 5 years from the date of joining."

IT IS URGENT

Hi Sir

Plz Solve My Query

Afer online payment of TDS due to internet error Acknoledgement is not generated and Amount is debited from our account so from where i can get Acknoledgement? plz reply urgently

Respected Sir,

Please answer the following Tax Queries. I will be thankful to you.

1. My Father has sold a resident house which was kept vaccant for more than 4 years in his town. The house was given by his father in 1982 to my father. My Grand Father is no more. The legal document are in my father name from 1982. The resident property was sold for Rs.4,60,000/- in F.Y.07-08. The same amount was deposited in Capital Gain account scheme in december 2007. And he has created a HUF (only PAN applied) under which status it is Taxable (i.e.Individual or HUF). Is interest received from Capital Gain account scheme is Taxable or Exempted. If it's exempted under which section till now my father did not purchase a Resident house. Now he like to claim the invested amount under which section can he claim the deposited ("Capital Gain Account Scheme Rs.4,60,000/-) amount. What is the procedure for creating HUF? (already only PAN is applied). Please help me.
2. My Grand Father has deposited in my name. Now I am 20 yrs when I was minor (is in UTI Childrens Tax Free U/s.64 & ARS Bonds) for Rs.50,000. I have been receiving every 6 month the interest. Before the maturity date the entire amount deposited is UTI (Childrens Tax Free U/s.64 and ARS Bonds) are withdrawn i.e. the entire amount Rs.50,000/-. Myself have separate PAN & Regular return Filing Assess. What is the tax treatment & to whom it is levied? Rs.50,000/- is only the principle amount.

i want to pay tax on dividend for the acct. year 2006-2007. which challan i can use for that either 280 or 280 & under which section 194 for 106 of income -tax? pls. clarify this as soon as possible.

thanks

Sir ,

One of our group company is running in loss of 2Crores it is a private limited company , can we claim the said loss after merger of same with a profitable unit

WHEN A PERSON IS CONSIDERED AS NON RESIDENT?