Sir how can i file a clients return from chennai when his return is to be submitted in a different place suppose in delhi or bangalore. is there any provision to file it by postal after being e-filed than can i get acknowlgement for that. what are the matters to be taken for that

Dear Profeesionals

I would like clarify on Housing Loan Interest

1. Interest paid by an assessee on Loan borrowed for additional Construction of Self Occupied Property in addition to the previous Loan Interest?

2. Is there any Limit for Such additional Interest?

Reply expected at the earliest

FORMAT OF FORM NO. 15G IN EXCEL FILE

CP , a Company plans to take on hire a car from an individual WI at 15K per month. CP allots the same to one of its Employee EE for his official use. Infact WI is wife of EE and owner of the car . The intention is to avoid higher incidence of tax in the hands of EE. Can any one express his opinion on the below.

1) Will there be TDS on hire paid to WI, if so what is the rate.
2) Will provision of car to EE considered as a perquisite in EE ‘s income
3) What is the effect of FBT on the transaction.
4) Is it mandatory to register the hire agreement to have validity before IT authorities.

Thanks
R nath

Kindly Tell Me about Sec 10A(6) of the Income Tax Act in some detail and simple language

An English medium school(Registered under Societies Registration Act) has excess of income over expenditure of Rs.90,000 during previous year 2006-07.Is it mandatory for the school to file I-T Return? If yes should it be in form ITR-7?

I require notifications / ciculars issued under section 2(14)for the purpose of fixing distance from municipal limits

Replying to a query asked by a CAclub member , many people have answered that -


In case if Salary is credited on 31 March, the due date for payment of TDS is 31 May.


BUT as per Rule 30 of Income Tax Rules, Salary is exception to above rule. So it has to be paid within 7th of end of the month in which Salary is credited.


Please confirm this AFTER refering to Rule 30 of Income Tax Rules.

When will the amendment be effected. Is it right from the budget date or 01.04.2008?

Sir please let me clear on this head say if i hav a car which is wholy used for business purpose. What will be the consequences.
If u have any other matter which can give me edge in this topic, plz provide the same.