Income Tax queries [13683]

All Resolved Open

gaurav

28 May 2008 at 12:50

Depreciable asset gifted

If the office premises( on which depreciation is charged) is gifted by a person to his son. The cost would be wdv.
Now if the same is transferred suppose on 1st March, who will be able to claim derpecition for the first 6 mths?

Example:-
opening block is Rs. 100
and the same is gifted to his son on 1st March and depreciation rate is 10%
who will be able to claim Rs. 5.i.e. depreciation of first 6 months. The deprication of last 6 months would be claimed by his son

RAJU MAGAM

28 May 2008 at 12:39

% of TDS on Commission

% of TDS on Commission for individual for assessment year 2008-09 (Commission amount more than 10 lacs less than one crore)

Sundararajan G

28 May 2008 at 12:33

children education

Can you any one pls let me know the what is the maximum amt permissible for Children education expenses under Sec 80 C

RAJU MAGAM

28 May 2008 at 12:15

TDS on Commission

WE have deducted TDS on commision in the month of March 2008. What is a last date of paying TDS to GOVT.

Mahesh B Chandorkar

28 May 2008 at 11:54

Assessment Order

Q.can anybody tell me there is any online option to search previous years Assessment/Refund Orders, (coz we lost AY 2003-04), or tell me any other mode to get any previous years assessment order?
tell me fast
Mahesh 91 99 7037 7037

CA ANIL D. SARAF

28 May 2008 at 10:01

TDS PAID BY TRADITIONAL CHALLAN.

One of my client has deducted TDS and paid wide Challan as traditionally applicable to previous years. Whether he requires to pay again by E-Tax?

CA Harsha.M

27 May 2008 at 17:16

Taxability of Stipend

Kindly let me know whether Stipend paid to Articled Student (Pursuing CA) is taxable.

Nilesh Jain

27 May 2008 at 17:02

Filing of time-barred return

Sir,
One of my client wants to file his return of income for the assessment year 2006-2007. As the return filing of the above year is time barred, can it be filed now? If Yes, what procedure has to be followed?

SANDEEP AGARWAL

27 May 2008 at 16:55

tax liability in incomplete civil contract

How a company will pay tax on income from a construction project having 3 years competion period. First year completed 45% only.

shyam

27 May 2008 at 15:40

IT DEDUCTION ON RENT

HI,
ONE OF MY FIREND HE IS PAYING 5000/- P.M. AS RENT AND THE COMPANY PAYING HIM HRA AS RS.3200/- .HIS BASIC + DA COMES TO RS.7375/- .HE IS IN DELHI.

LET ME KNOW THE IT DEDUCTION ON THIS PLS.