sir/madam,
I have confusion about new stt norms effect,
As far as i know earlier it was available to be allowed as deduction u/s 88E where the average rate of tax was used to calculate the deuction.But from this year "budget 2008" it has been fully allowed as deduction so we can claim entire stt paid as deduction.

please tell me what is bad about it,as stock markets,traders particularly are disliking it?

OUR COMPANY PURCHASED CARS IN THE YEAR 2002- TO 2008 TOTAL VALUE WAS 32 LAKHS
ALL CAR LOANS ARE CLARED UPTO 15LAKHS, REMAINING 17 LAKHS LOANS TAKEN DURING THE F.Y. 2007-08.

WEALTH TAX ON VEHICLE OUTSTANDING BALANCE AFTER DEPRECIATION OR LOAN OUTSTANDING BALANCE WHICH IS TAKEN?

OLD CARS AFTER WDV (DEPRECIATION) AMOUNT TAKEN FOR WEALTH TAX ? PLEAE CLARIFY SIR.

Dear all,
Please give provisions of Section 271F of Income tax Act.

Thanking you.

RENT RECEIVED - LIMIT OF AMOUNT FOR ST
RATE OF S.T

INNOVA PURCHASED IN THE NAME OF COMPANY ON THAT WEALTH TAX EFFECTED OR NOT?

HOTEL LODGING & BOARDING EXPENSES BOOKED IN CONFERENCE EXPENSES ON THAT TDS DEDUCTED OR NOT PLASE SIR

Can i get TDs chart for AY 2009-10 along containing following details


1.Nature of payment alonwith sec

2.Rate of TDS for diffrenet categories like individual,companyetc

3.Amount after which the tax is to be deducted

4.When to deduct the tax

5.Due Date of deposit of the tax

6.Days within which TDS certificate is to be issued

7.Due date of filing Quarterely return

is there is change in exemption of trasnport allownce which was 800/- p.m.under the head income from salary

our company purchased plastic bottles from outside party, and that bottles filled our company liquid.

outside party given vat bill on that tds deducted or not?

On bottles our company logo was printed

please sir

As per Income tax act any expenditure in excess of Rs.5000 should be capitalised. If it is spent on the assets it will be treated as fixed asset and should be considered for calculating depreciation as per sec.32. but what is treshhold limit under the companies act 1956.