Income Tax queries [13888]

All Resolved Open

Rohit Mishra

11 January 2008 at 14:45

Amalgmation and Merger

Is the capital loss is allowed in the amalgmation and merger process. if yes then please refer the applicable section and necessary reference material !

Deepa

11 January 2008 at 14:26

Under Micro,small and medium enterprises Developement Act,2006, a supplier is entitled to interest in case of delayed payment irrespective of agreement between supplier and customer.Whether such interest can be considered to have accrued as income liable to tax under income tax act, 1961, although no such interest is claimed or allowed or expected to be claimed or allowed.

CA divine

11 January 2008 at 14:22

tds (other than salary)

Q- TIME LIMIT OF ISSUE OF TDS CERTIFICATE O
IF I DED TDS IN MAY ,07 IS THERE ANY TIME LIMIT OF ISSUING TDS CER.

Dolly Jagad

11 January 2008 at 13:38

deductions under chapter VI-A

Hello

U/s 80C, do we get deductions for all the mutual funds or only the one which are invested in government bonds?

CA divine

11 January 2008 at 12:55

arrear paid in worng dedduction of tds

in case od 94 j (tds-otherthan salary)
Q-XYZ CO. ( GOVT. CO.) DED. A TDS AGAINST BILL AMOUNT (FROM PROFESSIONAL) IS 3500 NAD BILL DATED 01..06.07- THE PEC IS DED TDS ON THE RATES OF (5%+0%+3%)
IN MY POINT OF VIEW IS WRONG DED OF TDS
I FIND THE MISTAKE DATED 30.11.07

MY Q IS NOW WHAT CAN I(XYZ) DO

CA divine

11 January 2008 at 12:43

TDS ( OTHER THAN SALARY)

Q- IN CASE OF 194J - IF A ADVOCATE GIVE A BILL CONSISTING :1) OUR PROFESSIONAL CHARGES RS. 41250 AND :2)MISC. OUT OF POCKET EXPENSES ON ACCOUNT OF PHOTOCOPIES,FILLING, ETC. RS. 2500.
- MY Q IS IN WHICH AMOUNT TDS (194J) IS TO BE DEDUCTED
a)in whole amount
b)in 41250 only
plz ans with provision details

Chaitali K. Shah

11 January 2008 at 12:12

Salary to Karta of HUF

Can a Karta of HUF & Member of HUF get a salary from HUF if yes then TDS is required to be deducted from it?

Or they can only got a share , nothing else?

G.SUNILKUMAR

11 January 2008 at 10:27

tdsrelatedquery

While deducting tax at source, should we have to include the service tax amount along with the bill amount?

Alex Antony

11 January 2008 at 09:00

tds related quiery

What should be the rate of tds to be collected, if no tds was collected in the previous year and in the subsequent year the rate of tds has been increased?
eg. in the case of fee to prifessinal