suppose tds has been deposited inexcess to the amount pertaining to a particular quarter can the excess payment of tds be claimed as benifit in the coming quarters

An Indian Airlines employee was granted aloan by the company to meet the expenditure of training as a trainee pilot.The company now recovers a monthly installment from the employee.
The recovered amount is included in his salary though in actuality it is deducted by the company from his net pay.He is currently paying tax on this sum as well
Is this sum exempt from tax under the income tax act?

Suppose an enterprenuer has employed some labourers on contract basis who will be relived after the contract is over.
they are paid wages @ Rs. 100 per day with Rs. 5 per day as commission.
Under which head Tds will be deducted
- Section 194C
- Section 194H
or both by dividing the expenditure into their respective natures.

Hello experts


Can u plz send me the dep. rate of pgbp now

we have housing construction co., one part of which devlopment is elegible for deduction u/s 80IB ( permisson of development has been taken b4 31st march 2007,
now problem is that the one part of that land is belonging to other person, if we will buy it then we hv to pay stamp duty on purchase and sellor is liable to pay Capital gain tax,
is there any possibility by which we should neither pay whole stamp duty nor pay capital gain tax?
if any procedure have please explain me its detail procedure, and how should we do accounting in book to claim 80IB deduction

Hello expert

Can u plz give me some knowledge about FBT i m confused between FBT and Perquisite

Hello to all

i want to know if AO issued the notice u/s 148, for the AY 2005-06 then is it possible for him to take the case also for the last 3-4 years ans also tell me that if assessee have a refund in his ITR of AY 2006-2007, whether the AO can refuse to give it on the basis of AY 2005-2006 case.

Thanks

W.e.f. 13-July-06 Scope of Section 194I has been extended to cover any rentals payable on equipment by the company.

Is vehicle which is a capital asset does fall within the definition of Equipment and hence any lease rentals payable to leasing company will attrack TDS deduction under Section 194I?

What is deferred tax liability?

How to do accountis for it?

One of my clients has lost the copy of IT teturn filed by him in previous years

Kindly tell me from where to get a duplicate copy of Income tax return filed in previous years.