girish
30 January 2008 at 15:24

General questions

1.What are the steps to calculate Advance tax ?

2.What are the steps to calculate Advance FBT ?

3.What if No advance payment made for certain quarters ?



Atul Patankar
30 January 2008 at 15:16

resident's income in foreign currency

If a resident and ordinarily resident person earns some income in foreign currency, what is the rate of exchange at which it shiuld be taken as income for tax purpose? Will the same rate apply for relief for the taxes paid outside India?


SIVAJI
30 January 2008 at 14:32

Withdrawal of Appeal to CIT(Appeal)

Whether an Assessee can withdraw appeal made by him to CIT(Appeal), against assessment order


nikhil shah
30 January 2008 at 14:11

TDS ON VEHICLE REPARING CHARGES

Please tell me whether the TDS is required to be deducted under the provisions of income tax from the payments for vehilces reparing charges .Service Charges for reparing exceeds Rs 50,000/- p.a


CA KALPESH LAKHANI
30 January 2008 at 12:26

Under Which Head its Taxable

i have a client who bought a one open plot 2 yrs ago. After that he constructed a godown on that plot and gave it on rent. now issuse is that whether its a INCOME FROM HOUSE PROPERTY or INCOME FROM BUSI. & PROF.? he has other business also.


Anuj Goyal

I recieved my salary for the period feb-07 to Apr-07 in may -07 as areear now my company is treating as income from salry for the current financial year they deducting tax on that amount, is there any option to get exemption from that tax laibilities, please suggest

Anuj


qarni
30 January 2008 at 12:14

income tax amendments for AY-2009

please , any one tell me the income tax amendments for AY-2009.because i am getting fully confused in this matter
Thax.


CA CMA Amarnath Nuthalapati
30 January 2008 at 11:35

about exemption

An assesse have a son, who is suffered with Cancer and he incurred a sum of Rs.1,50,000 for treatment purpose and receives a donation of Rs.50,000 from doners,not reletives,
What is the treatment for this Rs.50000 and Rs.100000?
Please clarify


SANDEEP AGGARWAL
29 January 2008 at 20:01

FBT on Medical Reimbursement

Dear Sir,
Medical payment to approved hospital(for specified dieses) is exempt from tax. And for other medical reimbursement is taxable if it exceeds Rs. 15000/- in the hand of employees. As per CBDT circular it seems that when medical reimbursement to emploees exceeds Rs 15000/- than no FBT to Employer and if it is within 15000/- then only FBT is payable that means if Reimbursement is Rs 15100/- then no FBT on employer and for employee only Rs 100/- is taxable. Wheather my interpretation is Right or not. Please clarify.
Regards
CA. Sandeep Aggarwal


abhay
29 January 2008 at 17:59

Surrender of tan No

If i have Two TAN no What should i do?