Income Tax queries [13823]

All Resolved Open

Rahim

18 March 2008 at 16:19

Tax deducted at source

"A raised bill for his prof. service to B Ltd for Rs. 10000/- plus service tax @ 12.36%. Total bill amounts Rs.11236/-."

Question is that TDS liability should be drawn on which amount:

1. Rs. 10000/-
2. Rs. 11236/-

Ketaki

18 March 2008 at 15:52

Secondary & Higher education cess

What is the effective date of 1% Additional education cess. It is 1st April 07 or 11 th May 07?

vipan

18 March 2008 at 15:38

intt. paid by father to daughter

sir\Madam,

is it is possible to pay intt. by father to his daughter agst. amt. received by him(Father) from daughter as unsecured Loan
What Sec. 64 Says in this regards

Thanks & Regards
Vipan Kumar

Krunal Champaneria

18 March 2008 at 14:29

TDS Grossing up U/s 195A

Whether TDS grossed up U/s 195A would be disallowed as income tax U/s 40(a)(ii)?

Rajanit

18 March 2008 at 14:24

Tax Rates in Canada, Norway, China & Austria

Does any one have latest Income Tax Structure comprising Tax rates and Deductions allowable etc in respect of following countries

China
Norway
Austria
Canada

Manoj Kumar

18 March 2008 at 14:07

TDS on payment to Custom House Agent

Hi
Whether payment to Custom House Agent for providing services in case of import/Export attract TDS u/s 194C or 194J ?
Plz,give reference also

Shrinivas

18 March 2008 at 13:07

House Rent Allowance

Can House rent paid in cash allowed u/s 10(13A). If it had Cash payment receipt.

harshit

18 March 2008 at 12:19

Housing Loan - Processing fees deductions

Our employee has going to housing loan and loan sanctioned but EMI deducted from the month of April'08, but processing fees paid Rs.9500/- in the month of march'08.

for the a.y.2008-09 he can claim deduction of rs.9500/- in 80C

please sir, clarify this

Rahim

18 March 2008 at 11:51

Tax Deducted At Source

whether the following are eligible for TDS? If yes, What are the rates?
1. Certificate charges.
2. Professional Fees
3. fumigation charges
4. service charges
5. port dock fees
6. servey and supervision
7. weightment exp.
8. storage
9. handling charges
10. terminal handling charges
11. stuffing charges
12. detention charges

BIJAY MITTAL

18 March 2008 at 11:28

Income from share business

The assessee is carrying the business of buying and selling of shares.The transaction are mostly on intra day basis.The total turnover for the year exceeds Rs 40lakhs.Now will it be compulsory for the assessee to get his account audited u/s 44AB and also on what basis the closing stock of the shares shall be valued i.e whether on cost or at Market value which ever is less OR only at the cost Price.