Income Tax queries [13650]

All Resolved Open

Sanjay Jain

11 July 2008 at 14:53

Depreciation

My income is below Rs. 25,000 and I had an asset but I am not claiming Depreciation on it in the return. Can I do this because if I will claim it my Capital will reduced due to loss.

Sanjay Jain

11 July 2008 at 14:48

Interest payment

I had taken a loan to Financial Insti. and after wards i had given a loan to my relative at a lower or very low rate than can I claim deduction of interest exp. in the return of income?

Vishnu Agarwal

11 July 2008 at 12:59

relating to salary

What is LTA & It is related to salary and tell me what is LWF & LIP.

shripal singh bhandari

11 July 2008 at 12:59

till date 31/03/2007 my company has specified name and from 01/04/2007 it merge with its another group co. .. now we are receiving many tds certificates for Accounting year 2007-08 in our old name .. can we get claim or what should be solutiono...all customer has already informed about change but still few are making mistakes..

Vishnu Agarwal

11 July 2008 at 12:53

relating to ESIC

What exactly ESIC IS?

praveen

11 July 2008 at 12:50

TDS on rent

Hi,

our is partnership firm and we are paying rent of Rs. 200000 to individual
please tell me how much % we need to deduct tax
thanq

Regards,
praveen

SUDIP UPADHYAY

11 July 2008 at 12:17

Mistakes in TDS certificates

Will there be any problem if there are clerical errors for example wrong cheque no and wrong month in TDS certificate issued to landlord in respect of TDS deducted on rent.

kshitiz

11 July 2008 at 11:57

exempt income

is interest received on fdr with post office exempt under income tax?

Jaideep

11 July 2008 at 11:17

Penal Interest on WCT & FBT

what is the per month rate of penal interest for late payment of WCT & FBT?

Anil

11 July 2008 at 11:13

What is Tax reversal?

Infosys today declared its Q1 results.

It says its EPS is 100(approx) Ex- Tax reversal.

Please let me know what is Tax reversal.

Note that infosys' profits for the period Q1 is more than its guidance.