a person received gift from his foreign
friend in foreign currency are liable to income tax as a gift

a person sold a land which is beyoud eight km.from muncipal area and population is less than 10000 as per last cencus but land is uncultivate in 7x12 abstract. whether full exemption is availabal u/s 54B of the income tax act

Thanks

Whether Income of co - operative society registered under Tamilnadu government is exempt under Income tax act according to sec 10(23c) subject to limit of 1 Crore.
However Sec 10(23c)(iv) donot specifically say about co - operatives but it just say "any other fund or institution established for charitable purpose" does it means it includes Co-operative society? Or there are separate provisions for Co- operative society Plz help.

A company had received rental income of Rs.25000pm after deducting TDS during the previous year 2006-07. But the rent payer has not issued a TDS certificate to the company for the period till date. Whether the company is eligible to claim the TDS during AY 2008-09
(PY 2007-08)upon receipt of certificate?

An STPI unit makes payment to an SEZ unit. Whether TDS needs to be deducted from the payment so made. Query arises because TDS is decutible from any amount chargeable to tax, and the income of SEZ is exempt from tax for certain number of years.

Sir,
Whether FBT is payble on Internet Charges of the Company booked under the group Telephone Expenses ?

An insurance company regularly invests huge funds in market for earning gains for policyholders.Can you please confirm if it needs to track the STT paid on the purchase of shares from the secondary market from Tax’s perspective.
Also, confirm the STT rate on equity.
Kindly revert asap. Its urgent.

Can both husband and wife claim decuction under section 80GG if they both stay in the same home and have only business income

Dear all,

i want income tax rates & slabs from F.Y. 1996-1997 to 2007-08 ?

Please mail me the details............


regards
Prasad Mohite

Is employees tuition fees (for self education) eligible under investments u/s 80c