Mr.A purchased agricultural land during Dec-2005 and declared income from Agriculture land in his return of Income for rate purpose. Agriculture Land is situated in a village, which is beyound 8 K.M from municipal limit and population is less than 10,000.
Whether sale of above agriculture land during July 2008 will attract short term Capital Gain Tax.
if house property is owned by a parent and interet is paid by his son would this be eliglble for deduction U/s 24(b)
And what if father pays interets on house property ,who is not the owner but has paid it to his dependens
For the finl year 2007-08 & 2008-09 is the max limit of Rs.24,000/- applicable?
R.Ambal
Respected Members,
Currently I have heard that department is asking the supporting documents with ITR-2.
So, should we have to attach the supporting now.
Regards,
Prabhakar
Please confirm whether following FBT rates are correct.
Assessee : Domestic Company
FBT is less than / equal to 10 lakh : 30.9%
FBT is more than 10 lakh : 33.99%
If not, what are the rates?
Regards,
Pankaj
hi, i needed to know which head of income had tds @ 5% during the previous year 2007-2008
Technical service charges reccived form the company for rendering service on contract bases. Company deducted TDS As per 194j. which form is suitable for returning income.
Interest on Uk Govt bonds half of which is recd in India -4000.PLz tell me sir,whether this an Indian Income,if yes,How much should be taken for
a.R&Or
b.R&NOR
c.NRI
if i anable to pay tds through e.payment,can i pay through bank
please suggest
Dear all
Advance payment of FBT & Return is compulsory for Income tax Exemption zone (UTTRANCHAL & HIMANCHAL EXEMPTION FOR 10 YEAR)
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
Capital Gain