Sir I have my PAN issued from Kolkata. Till date I have not yet filed my IT Return.Now I wants to file MY IT Return in Mumbai as I m working here now. Can I file my return in Mumbai. if , yes then What is the procedure.
Please reply

Thanks

Hi
Can any one suggest good reason to not to allow the following claim:

An employees claims interest on Housing loan (self occuped)but he does not reside there [nor earn any rent from there] and also claims HRA in the same town where his house property is located.

when we have to pay shot term capital gain?
If answer is year end, how the share holder remember the transactions.

Hi,



I have a query.



Incase an HUF (under liquidation) has after paying up all its secured creditors some losses left in the books.



Can that HUF sell its business (book losses) to a COMPANY?



If yes, can you please mention the procedure for such Liquidation and consequent Acquisition?

my email : kovid25@gmail.com


Thanks and regards,

Which section would apply for deduction of TDS for Car Hire charges is it 194C or 194I...can anyone help us...

Mr. X has purchased 3.00 Acres of agricultural land for Rs. 3.00 lakhs in May,2004. The said land is within panchayat limits and more than 8 Kms from a town/city. He has sold the said agricultural land for Rs. 18.00 lakhs in December, 2005. Is there any liability for capital gains tax?

PRASAD

we have purchased steel. the billing pattern as follow.

Commodity Rs.
steel 1000000
Freight charges 25000
loading charges 1000
Vat @4% 41040
total 1067040


Q1. if No transport (LR copy) copy has been given
Q2. if Transpot copy has been give

what is the applicable TDS in above cases

Q3. we have posted entry in our books as follow.

particulars Dr. Cr.
Steel a/c 1001000
Inward Freight 25000
Vat 41040
Party 'x' 1067040

note: we have separated freight charges towards service tax calculation

please clarify the above queries
thank you sir
with regards.
balu

If TDS provisions are applicable on payment to Chemixil for allotment of
stall to particilate in international Exhibition.

Please reply to my question - Urgent...

Q1) The advancement of any other object of general public utility shall not be a charitable purpose, if it involves the carrying on of any activity in the nature of trade, commerce or business. What will be the effect of recent amendment in definition of “Charitable purpose” in the budget?

Q2) If any charitable trust is printing and selling the religious & other books @ nominal profit margin of say 5% to cover any future loss, will this profit be treated as business income ?

Q3) Any Charitable trust say “Mahila Gruh Udyog” making and selling farsan and papad and earning profit for welfare of ladies of weaker section of the society. Will this be treated as business and profession.

Q4) Any person is donating cash in “Cash box” kept @ Panjrapol, which is charitable trust for welfare of animals, is this called Anonymous donations ?

Q5) Any religious trust in making surplus on Yatra Pravas or sale of sweets and farsan, will it be called business and profession?

Q6) How to segregate income of trust from donation and business income if separate books of accounts in not maintained.

Q7) If surplus arising out of sale of farsan,sweets,books and used for charitable purpose ( as per object of the trust) , will this surplus taxable?

Q8) Charitable institution like Panjrapol selling cow milk and using that amount for maintenance of cows and other animals, will income from sale of milk will be taxable?

my house is jointly owned by my mother and we two brothers. we have taken a house loan and paid Rs. 166000 as interest. can i and my brother both can claim deduction of Rs.83000 as total deduction limit is Rs. 150000.