Mahesh
08 January 2008 at 09:01

E filing acknowledgement not printed;

We have voluntarily filed e ITR form ITR2 for one of our clients claiming refund of tax; without digital signature.
However, during the filing process there was power failure and acknowledgement could not be generated and printed.
However, now if we want to file the return it is not accepted by the website and it says revised return is to be filed since already the return has been accepted.
How can we get the acknowledgement to submit it to the Income Tax Department.


DIBYENDU BANERJEE
07 January 2008 at 22:05

SECTION 195

As per recent directive of RBI CA certificate regarding tax deduction under Section 195 has to be submitted to bank for making any remittance abroad. Section 195 covers payment to foreign company and says TDS FOR DEDUCTION ON ANY OTHER SUM CHARGEABLE UNDER THE ACT . In case of payment of import purchase will this be applicable? Please also refer to Section 195(2).


VENKAT
07 January 2008 at 19:35

section 80 e

I want to know that the interest on educational loan is a claimable in the hands of father if paid during the loan period on behalf of his son educational loan ie during the course of study of his son


Ishita

A.Y. 2007-08, Assessee: Individual.
There is short term capital gain taxable @ 10% of Rs 20000. Income from other sources Rs 100000 and deduction u/s 80c Rs. 80000. Will there be a tax liability on account of S.T. Capital gain taxed @ 10%?
In other way, is there compulsory taxation of short term capital gains charged @ 10% even if the total income does not exceed the taxable limit?


SHEEJITH
07 January 2008 at 15:12

TRUST without 12A REGN

A public charitable trust receives corpus donation from trustees and other persons during the year 2005-06 and 2006-07

The trust has not taken 12A registraion. Now applying for regn

Whether the corpus donation is liable to tax ?


manish

Kindly do let me know if a company offer products instead of credit notes to distributors/ratailers against goods lifted,will it attract FBT?


divya khanna
07 January 2008 at 12:19

querry regarding tax audit

what is covered under hire charges under section 194I?


SIVAJI

Pls give me your valuable opinion for the following query:

1. Remittance to saudi arabia towards advisory services

2. whether deduction of tds are applicable at the time of remittance, if yes what is the rate of tds.

with best regards


Krupa
07 January 2008 at 11:39

TAX DEDUCTION AT SOURCE

I am a contractor(service). My contractee is making a deduction of 2.266% on total amount payable to me every month on the amount including service tax. my doubt is whether the amount on which TDS Rate is to be applied is inclusive of service tax or not.



Suresh
07 January 2008 at 10:53

TDS including Service Tax?

Hi

We are a Company paying rental to individual for building. We are deducting TDS under sec 194I at 15% + Sc + Cess on rental amount.

I want to know whether TDS to be deducted only on rental amount or including service tax & cess. If service tax & cess to be included, pls give notification no. / circular no. for reference.

Regards
Suresh