What is the implicability of Work contract tax.

Hi i have one question which is as under

is there any tax hint in income tax for not disallowance of expense evenif there is default in payment of tds for the month of march 2005.

We are Freight Forwarding Agents for a Netherlands based Principals.

We are canvassing business to our principals on commission. Our Clients are Importers from Netherlands who are patronising our principals for Air lifting goods to India.

Our Principals are raising Air Freight bill on us for & on behalf of our Clients. We are retaining our commission on freight and are remitting balance payment to principals directly in Euro's without deducting TDS.
Are we right as per IT Act for not deducting TDS ?

May I request you to guide me please ?

Regards,

V.P. D'Souza,
Accounts Manager

Can a HUF be formed by husband, wife and female by way of Gift. If there is any legal problem. Please prvide any case law if possible.
Thanks

Wether home loan taken in the wife will be eligble for deduction for computing salary income of the assesse

Would request you to let me know what are the Tax exemptions does the directions in a company have?

Dear Sirs,


Plz suggest HOW TO PLAN expenditure for incurring CSR i.e [Corporate Social Responsibility] activity.

Ours clients are 7 group companies including 2 listed and 2 foreign companies & are planing to carrying expenditure on CSR[Corporate Social Responsibility]. Plz Suggest whether to form a Co-operative ,seperate trust and contribute to corpus fund or to form a Sec 25 Compny or any other ? to get the beneficts of the provisons under various respective Acts i.e. Income tax act,companies act , indian trust act or cooperatives society act.

Awaiting Expert Comments on the issue.

How much amount is tax free ?

from family mamber ?
From outsider ?

From father in law ? is blood relation ?
From mother in law ? is blooe ralation ?

Dear sir

In my case House loan taken by Wife and House in the name of Wife but repayment by husband as a guaranter
so please tell me repayment of loan allowable to husband OR NOt in section 80C

Rajesh

Dear Sir,

Some companies are paying CLA to their employees which is by nature like Dearness Allowance.

I want to know whether it is included in the definition of Salary for calculating the deduction u/s 10(13) for HRA ie. rent paid over 10% of Salary.

Please confirm the same.

Thanks & Regards