Income Tax queries [13808]

All Resolved Open

vivekbhalerao

27 March 2008 at 18:37

income tax on trading in shares/stocks

what is the procedure for distinguishing Share s trading income to be taxed as business income and Capital gains Income?

Vivek Randad

27 March 2008 at 18:32

Income Recognition

An assessee deals in business of selling plot launching schenme containing Terms & conditions of scheme are as follows
1. Scheme tenure is of 41 months
2. The person who wants to purchase the plot has to becomes the member of the scheme by depositing Rs.1000/- per month up to 41 months
3. Ownership & Possession of the plot will be transferred to him after completion of tenure of 41 months
4 I want to know that, what would be the treatment of the amount received in advance per month as per I.T. Act 1961?
1. Whether it has to be treated as income or advance?

Sushant Panigrahi

27 March 2008 at 17:07

Threshold limit of TDS

TDS on Contractor / professional fees is deductible if the bill amount exceeds 20,000 or exceeds 19,999

Ratnamala

27 March 2008 at 16:56

Fringe Benefit TAx

what is the Fringe Benefit rate for conveyance & Tour & travel?

sandesh

27 March 2008 at 16:19

TDS on Foreign Payments

Should the TDS amount be Accounted in the books of Subsidairy Company when the amount is paid by the Holding Company on behalf of Subsidiary Co ?
( The payment is towards Recruitment of employees for Subsidiary Co )

Ganesh

27 March 2008 at 15:38

Income tax return

person having salary from pvt ltd and she is just a teleoperator and he gets form 16A for TDS statement and natute of payment showed in 16A as Fees for professional service, which ITR form can applicable to this ? and she is joint on probational for 3 month.

Manish

27 March 2008 at 15:00

tds on director's remuneration

is a company liable to deducted tax on director's remuneration? If yes, than under which section aand tds rate?

Thanks,

Manish

sivaranjani

27 March 2008 at 14:38

hearing, appeal, survey

1. what is mean by survey?
2. points to be kept in mind while preparing for an income tax hearing & appeal?
3. Difference between income tax appeal & survey?