sachin
01 April 2008 at 11:03

Residential status

one of a person stay out of india in f.y. 07-08 -206 days, f.y.06-07 181day, f.y.05-06 -53days, f.y.04-05- 48 days, f.y.03-04 - 365 days. what is his residential status? and already paid tax on his income in US. so now he is required to file return for the f.y. 07-08 in India. There is no accured or arised income in india.


CA KALPESH LAKHANI
01 April 2008 at 10:39

WHAT R THE SOLUTION?

ONE MY NEW CLIENT FILED HIS RETURN FOR ASST.YR 2007-2008 THROUGHT TAX CONSULTANT,THE CONSULTANTS FILED A RETURN ON 31ST JAN.08,BUT HE HAS NOT CONSIDERED THE BANK A/C OF MY CLIENTS AND MY CLIENT HAD RECEIVED CONTRACT RECEIPT DURING 2006-2007, ON WHICH TDS HAS BEEN DEDUCTED RS.47000/-BUT CONSULTANTS FILED RETURN WITHOUT CONSIDERING ALL THIS THINGS..... & FILED A NIL RETURN WITH NORMAL INCOME? NOW WHAT ARE THE WAYS TO CLAIM REFUND?


G.N.V.D.Kiran
01 April 2008 at 10:25

Stamp duty paid on House Purchase

Dear Sir,

I have paid Rs.64950/- towards House registration Charges i have not taken any housing loan for purchase of the above mentioned property. these 64950/- is eligible U/s.80-C or not please clarify


dinesh gulati
01 April 2008 at 07:37

EFILING OF RETURNS

Dear Sir,

Yesterday due to heavy load over servers the server if IT was working very slower or not accepting the Returns smoothly. In the evening the peoples were seen rushing from one cafe centre to another or enquiring about the status of working of server. Under such circumstances many returns of Income could not be filed or if accepted by the system the receipt generated dated 1/4/2008. Now what will be the position of the assessees who keep on trying right from 7 pm to 12 midnight but were successful after 12.02 am .Whether they will be liable for any penalty in the following cases
a) where the Income filed is below taxable limits
b) where the Income is taxable and taxes have been paid in advance.


Mihir
31 March 2008 at 21:06

TDS on Commission

Mr "A' is engaged in the business of Exports of goods to US. He is paying comission to Mr.X (US resident) for securing Export Orders. Whehter TDS is to be deducted on such amount paid?


dileep
31 March 2008 at 18:29

service tax payment

Mr.X pays Rs250000 to Mr.Z as a consultant.Service tax on Rs250000 comes to 38900 total Rs280900.Tds on which amt to be deducted.whether on total gross amounti.e Rs280900 or only on RS250000


Mihir
31 March 2008 at 17:23

TDS on Commission

Mr. A is resident of india engaged in export of certain goods to US. He pays comission to Mr.X of US for securing orders for his goods. Whether TDS is to be duducted on payment of commission?


Deepak Gupta
31 March 2008 at 16:43

monthly divorce compensation

a lady is getting a monthly compensation from her ex - husband after divorce as per the order of the court.

Is she liable to pay income tax on the monthly compensation received.


rakesh sharma
31 March 2008 at 15:46

E-payment of TDS



Epayment of taxes has been made mandetory
with effect from 01 april 2008. Is this also applicable for Deposit Of TDS

Regards


Nagaraj SV
31 March 2008 at 12:54

Cost Of Capital Asset

What is the Treatment of the processing fee paid for the granting of the loan taken for acqusition of a house to be put into ?