K C PANDEY
29 July 2008 at 09:34

PAN Form 49A

While applying for PAN, one has to give Area code, AO, Ward, Range etc. I have not been able to get the same for Delhi for my daughter-in-law who is a housewife. For investment, she requires a PAN.


asha fernandes
29 July 2008 at 08:47

sec 54 deductions

dear sir/mam please guide me on the following;
i have started construction of a residential house 2 years back. in the current year i sold 1 of my existing house. i completed the construction of my house in the current year.
1)so for sec 54 which says purchase within 1 year befor the date of sale does this construction completed before the date of sale is available for deduction.
2)if construction is completed after the date of sale, can i claim the entire cost of construction or only the amount spent after the date of sale.
thanks


asha fernandes
29 July 2008 at 08:47

sec 54 deductions

dear sir/mam please guide me on the following;
i have started construction of a residential house 2 years back. in the current year i sold 1 of my existing house. i completed the construction of my house in the current year.
1)so for sec 54 which says purchase within 1 year befor the date of sale does this construction completed before the date of sale is available for deduction.
2)if construction is completed after the date of sale, can i claim the entire cost of construction or only the amount spent after the date of sale.
thanks


Nagarjunarao

A resident Indian is receiving income on sale of shares of a foreign company listed outside India.
Whether such income is taxable as Income from Capital gain or as Income from other sources?
If it is taxable as capital gain whether it is taxable as Long term or Short term gain if the period of holding is two years?


sadasivareddy
28 July 2008 at 20:33

Agricultural income of minor child

agricultural income of minor child is 500000/-.which has to be included in his parents income under sec 64 of I T Act.does this income is comes under like agricultural income in the hands of individual (will the provissions of agricultural income applied)


Mukund
28 July 2008 at 20:12

Audit Limit for Security Services

My Client having Security Service Business & Gross Receipt for F.Y.2007-2008 More then Rs.10 Lac plz let me know whether Audit is applicable or not [ I am asking about Income Tax Audit Limit ]


Manishjalan
28 July 2008 at 19:24

TDS Under wrong PAN NO

A sole proprietor got TDS cerficate of around 10 Lakh in which mentioned PAN NO of the assessee is wrong. How can he file the income-tax return & get TDS-Refund.

The Tax-deductor has deposited the Tax amount under wrong PAN NO.


SHEEJITH
28 July 2008 at 19:14

year of TDS - credit

A firm folloiwng cash system of accounting received professional services from a company on 1st April 08.

The company issued the TDS certificate showing period of payment as FY 2007-08 Asst. Year 2008-09.

Query :

In which year the firm can claim credit of TDS ?

Whether the firm can credit the TDS for the asst year 2009-10


SHEEJITH
28 July 2008 at 19:13

year of TDS - credit

A firm folloiwng cash system of accounting received professional services from a company on 1st April 08.

The company issued the TDS certificate showing period of payment as FY 2007-08 Asst. Year 2008-09.

Query :

In which year the firm can claim credit of TDS ?

Whether the firm can credit the TDS for the asst year 2009-10


SHEEJITH
28 July 2008 at 19:13

year of TDS - credit

A firm folloiwng cash system of accounting received professional services from a company on 1st April 08.

The company issued the TDS certificate showing period of payment as FY 2007-08 Asst. Year 2008-09.

Query :

In which year the firm can claim credit of TDS ?

Whether the firm can credit the TDS for the asst year 2009-10