My client who is a residend women below 65 yrs of age.Her Income for A.Y. 2008-09 consist of Rs. 3.00 lacs from long term capital gains eligible for special rate of tax u/s 112 & Rs. 3.00 lacs from short term capital gains eligible for special tax rate u/s 111A. She has no other income. She has also made investment of Rs. 1.00 lac for claiming deduction u/s 80-C.
Please compute tax liability.

My client who is a residend women below 65 yrs of age.Her Income for A.Y. 2008-09 consist of Rs. 3.00 lacs from long term capital gains eligible for special rate of tax u/s 112 & Rs. 3.00 lacs from short term capital gains eligible for special tax rate u/s 111A. She has no other income. She has also made investment of Rs. 1.00 lac for claiming deduction u/s 80-C.
Please compute tax liability.

my client shop in JHV Mall Varanasi,maintanace charges @20/- per s.f. mall manangement tack service charge on maintance bill .kya maintance per service charge lagega.

2- kya maintanance per T.D.S. Lagega'pls guide me

Would a foreign company paying rent to a resident in India deduct TDS under Sec 194(I). If not what does the term " Any person" in the act include.

can co-operatives societies like "souharda"as they are called who are mainly engaged in providing credit facilities to its members can claim sec 80P under the income tax act from A.Y.2007-08.( as far as a plain reading of the act goes it looks like we cant . but i have come across a lawyers elaborate explaination saying it can be claimed)

hello, in the income tax act in terms of person there is a mention of "Local Authorities" . does it mean only municipal corporations or does it include other institutions?

hello, in the income tax act in terms of person there is a mention of "Local Authorities" . does it mean only municipal corporations or does it include other institutions?

hello, in the income tax act in terms of person there is a mention of "Local Authorities" . does it mean only municipal corporations or does it include other institutions?

one of the conditions of sec 10B is repartriation of sale proceeds to india in 6 months. but in case of a indian subsidiary(software developers) who transfers all the software developed to its foreign parent company who in turn sells it to outsiders, there wont be any repartriation of sale proceeds. in this case will sec 10B apply here.
the subsidiary company gets money from parent company towards expenditure
secondly is it correct to book income by applying transfer price methods

HI VINIT,

BUT MY QUESTION WAS SINCE THE PROFESSIONAL IS RENDERIN PROFESSIONAL SERVICES BUT THE WORK WHICH I GAVE WAS ON CONTRACT JOB.
THEN IF IT WILL NOT 194J BECAUSE AMOUNT GIVEN TO HIM MIGHT BE FALL UNDER PROFESSIONAL SERVICES RENDERED


SIMA