Suppose a person who has income but that is below threshold limit & he is not liable to pay any taxes. If he files the return after due date ( 31st july for individual) it will attract any interest or penalties or it will do.
most of the services like rent,commission,advt are liable to T.D.S and service tax also govt is coollecting tax on both the way .why the method has been followed ?same is in case of F B T.?if any one support this coment.pls reply friends.
the ded of priliminary exp is to be done in 5 instolment.if rule has not been followed and less amt is deducted then what should we do?
Dear friends
I have one doubt abt the treatment of commercial loan. My friend taken a commercial loan for constructing his commercial building. He get an rental income from that building, my doubt is whether that loan can be treated in total income like housing loan....
I tell him that this commercial loan was not deductible but he was not agree with me.
Kindly suggest the answer...? urgent........
What is the US Gaap & What is the difference between indian gaap & us gaap?
What is the meaning of diversion of income in brief but it should include all details?
Which Act govern the Contribution to superannuation fund?
Whatis the eligibilty in terms of number of years of employment in that company?
sir,
pls clarify me whether Fix deposit for 5years from the Post Office is eligible for deduction under 80C for the asses,ent year 2009-10.If yes On whose name this FD should be?I mean can it be on wife's name or minor daughter's name.
thanks
sanjeev sharma
Sir,
Please clarify whether dividend received on Magnum Tax Gain mutual fund ( SBI) is taxable or not.
Sree Prakash
Excel Mastery Program
regarding date