Elango
22 December 2007 at 11:55

enquiry abt tax

dear sir/madam,
if i sell my inherited property(by partition in this yr.),will i incurr capital gain tax for that?


jitender sharma
22 December 2007 at 10:33

Leave Travel Concession (very ugent)

Hi Friends

PLease help me to sort out my query

Our company provide Ltc to our heads, Our Company Start Giving Ltc to them from 1ST APRIL 2005. Two person of our comapny travel 28-12-2005 to 31.12.2005 for this they take imprest from company on 25.12.2005 and submitted the travell bill on 15.1.2006. i just wana know that in which year i have to take the travel and how many travel he can avail for the block 2002-05 and 2006-09 years and why?


rakesh sharma
22 December 2007 at 09:38

TDS 194 J- PROFESSIAL


A Ca firm raises two separate bills:

1) one for professional services- say Rs 50000/-

2) For reimb of conveyance expenses for the above professional services.( say Rs
3000/)

What will the amount on which the tds shall be deducted.

regards


Varsha Jain

Dear Friends,

Please let me know details regarding filling of ITR Form 1 to 8, if I had already filed a Return in Form 2D after 14th May.
Whether I have to file ITR again and if yes, what treatment of tax and interest to be made?
What about the old acknowledgement no. mentioned in Form 2D?

Thanks.


neeti agarwal
21 December 2007 at 16:19

80IC in income tax

in 80ic there is a condition for claiming it is:-
Business is not formed by the transfer to a new business of plant & machinery previosly used for any purpose.(more than 20%)

if we aquire old plant machinery on hire, than it will be covered by above or not ?and we will be not eligible to the deduction or not?
old machine hired can be more than 20% of new plant & machinery purchased?


HARISH ARORA

Dear All,

If any person file individual return form-2(e-return) for the asst. year 2007-08 on 31-07-07 but he have not digital signature and he paid all income tax liability on 20-07-2007.But could not file form V with I Tax dept.than IncomeTax dept.,would be treat with assesse.

harish


M.Ajay

I have recently taken up a new employment in a new city. The new employer reimbursed the notice pay paid by me to the previous employer. He has also picked up the transportation charges for household goods from my previous city to the new city & brokerage charges for fixing up a house.

Pls clarify on the taxability of these payments? Would they be taxable as they are only reimbursement of expenses incurred?


Swati
21 December 2007 at 15:47

Incometax-Return

In what period a incone tax return could be reviced.


joginder
21 December 2007 at 15:21

to whom make gift in income taxmade

hi
can somebody tell me that according to income tax a person (individual) to whom make a gift and what are its conditions


HARISH ARORA
21 December 2007 at 14:44

MAT ON INCOME

DEAR ALL

PL.GUIDE ME ABOUT MAT FOR THE ASST. YEAR 2007-08, 2008-09


H.ARORA