Whether TDS should be deducted on payments made till date or it should be deducted only on subsequent payments when TDS becomes applicable for the first time during the year due to crossing of limit of Rs.20000 per contract or payments>50000 during the year?
my son has taken two loans from different banks for the same purpose. he has started paying back the loan.is there any rebate or exemption while calculating his taxable income?
HI everyone needed clarification on the above point. can someone explain with reasons why or why not this should be done?
Mr.A agreed to sell a land to Mr.B and got Rs.100000/- as advance, later Mr.C A's friend offered higher amount than Mr.B offered, Mr.A accepted new offer and paid to Mr.B 100000/- which he received as advance and a compensation of another 100000/- my question whether Mr.A can take the compensation 100000/- as selling expense? or whether it can be taken as cost of acquisition? if land sold after 2 years of compensation received whether its possible to take indexation on that 100000/-
Sir,
I have paid the Tax for Q3 on 11/12/07 and fill the e return now I want to issue the TDS certificate. Pls. tell me from which date to which date I can issue the TDS certificates.
Thank you
Jaideep
Sir,
I have paid the Tax for Q3 on 11/12/07 and fill the e return now I want to issue the TDS certificate. Pls. tell me from which date to which date I can issue the TDS certificates.
Thank you
Jaideep
Is interest earned on capital gains account taxable or not if taxable under which head and sec
if not under which sec
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jurisdiction in filing returns