Ref. to notification for compulsory payment of taxes by online mode, Will it also include the deposit of TDS by deductor for the m/o March,08, which will be deposited in the m/o April, 08.

As per sec. 2(43), it doesn't seem to include tds. Pls confirm whether i m right or not.

A land was purchased for Rs. 700000. After one and half year later he sold that land for Rs. 1200000 and there is a STCG on land. how can we save tax on that. help me?

Whether Section 50C would apply to gift (transfer for nil consideration) of an immovable property by an individual?

Dear All,

If anyone could tell me what is the rate for calculating the perquisites amount on salary towards rent free accomodation provided to Director of the Company.
In our case, we have taken accomodation on rent for Director. Please confirm if the rate would be 20% or 15%.
In the Vinod Singhania's book, it is mentioned 20%, however on Income tax site it is 15%. If it is 15%, then by which Circular, the rate is decreased or fixed at 15%

Regards,
Umesh Mishra

Sir
A Property (Old House) given for Development to a builder with 60% to builder and 40 % to Land owner. The builder constructs 20 flats and 8 Flats were given to Land owner (4 Family members)and there is no monetary terms between the parties. What is the Capital Gain that to be paid by the Family members . Is there any exemptions.

AO passed the order u/s 143(3)after considering transfer pricing report and also assessee disclose all the material fact for the assessment. Later on CIT revise the order on the ground that manner of application of arm's length price was not correct without any new fact. Can the AO reopened the past case on the basis of CIT order.
Wouldn't it be considered in change of opinion of AO and not be authenticated to reopen the case.

Dear Friends,

CTC is 2.3 lakh p.a, Please guide me on tax benefit.

Thanks in advance

Does the SEZ unit needs to deduct tax ?
is their any exemptions in the SEZ act

LICI has recently launched a new Medical Insurance Policy "Health Plus". Under this a part is allocated towards Health Insurance Premium and rest towards Invetments in Units - which is refundable to the policy holders. In earlier GIC Mediclaim policies where there was no Saving/Unit/Invstment portion, but some private insurance companies had.
I want to know that DEDUCTION U/S. 80D WOULD BE AVAILABLE ON THE ENTIRE SUBSCTRIPTION OR ONLY ON THE AMOUNT OF PREMIUM ALLOCATED TOWARDS INSURANCE??

RESPECTED MEMBERS
company(co.) make payment of hiring chg and deduct tds u/s 194 i but party obtain lower rate certificate @ 2% contain total billing is rs 25,00,000 deduct tds according to taht but now at end of march my billing gose to rs 34,00,000 then this additional amt rs 9,00,000 how much co. want to deduct.

co will liable to deduct at 2% or 15% on additional 9,00,000 .

REGARDS
SM MAKWANA