Whether an individual is eligible to claim deduction u/s 35A of the Income Tax Act for contribution towards scientific research institution?
How to calculate Interest on TDS [ On 10.04.2007 a sum of Rs. 55000/- paid towards labour payment but no TDS were deducted at there time. on 29.02.2008 Rs. 1133/- Deducted as TDS on that amount @ 2.06% & on 07.03.2008 TDS is to be deposit with Interest. How to calculate the Interest Amount @ 1% p.m. on Rs. 1133/-. How many months interest is to be calculat.
Can u give me the citation no. of Rohini Garments recently judgement of special bench of ITAT giving tha decision that while claiming the 80HHC u are required to first deduct 80IA & IB than on remaining amount u are required to claim the deduction.
If in a case notice U/s 148 issued for filing of return within 30 days but the assessee filed his retutrn after 30 days whether notice u/s 143(2)is mandotory before passing the order. Please also quote the judgement if any
Whether dividend on UTI Master plus 91 is taxable or not. If yes then under which section.
Sec 54EC says, "any capital gain from transfer of long term assets......"
So, If i sell long term depreciable asset, can i enjoy the benefit u/s 154EC by investing the gain under REC Bonds/NHAI bonds.
some documents are printed and bill is 50000/-.on this amount Tds is applicable?
HIE FRIEND...
I WANT TO KNOW FROM YOU THAT NEW FINANCE ACT FROM WHEN IT WOULD BE APPLICABLE?
I MEAN FROM WHICH DATE DIRECT TAX & INDIRECT TAX NEW RATE APPLICABLE.
AND WHAT ABOUT BCTT?
Please confirm whether National Institute of Pharmaceuticals & Research, MOhali (NIPER) is an approved institue for scientific research u/s 35 of Income Tax Act, 1961. If yes, then please let me know the notificatin no. vide which it was so notified.
An urgent response will be appreciated
CA Sanjeev Grover
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Deduction U/S 35A