Sir,
The finance act 2007 has crystalised perq on housing accommodation provided to employees by the employers except central government employees negating the supreme court verdit.

Is it fair ?
Comments solicited
Thanks

In which web site link we'll get depreciation rates as per income tax act.

I need the exact answer.
Don't refer one particular web site like incometaxindia.gov.in.

Give me clear reference of section/ schedule.

i know sec.no.32

But i dont know in which section/rule we'll get rates

Regards,

Mani

Company paid Dividend tax on behalf of the shareholders amounting Rs.7,700/-.After that company deposited the amount in its TAN no using challan no 281.now in which form, the company file its TDS return, is it form no 26..if yes. What about annex-1 in form 26.As the company does not deducted tax form the share holders, the company paid the dividend tax.now nsdl send one letter to submit tds return.but we dont have any tds as we dont deduct it.we just deposit the dividend tax using our tan no.pls guide me

for a registered partnership firm,( ONE OF THE OBJECTS IS SHARE DEALING AND OR TRADING IN SHARES)
1. there is a dividend income exceeding RS. 40 LAKHS.
2. FOR SAME FIRM THERE IS LOSS OR PROFIT ON SHARE TRADING,(THE VOLUME OF PURCHASES AND SALE OF SHARES) MORE THAN RS. 40 LAKHS( SHARES BEING BOUGHT IN CURRENT OR PREVIOUS YEARS AND SOLD IN CURRENT YEAR).
I FEEL BASED ON 2 ABOVE TAX AUDIT IS MANDATORY.
PL. CLARIFY.
R.V.RAO

How the individual show the income from Derivative trading in his ITR?

Dear Sirs,

A Person entitled to receive income tax refund Rs. 2000. But he has not claim refund in income tax return. In Form 16 refund due Rs. 2000 enclosed with return. Up to 31-03-07 he is not received his refund due . Pls tell me the process of getting refund.

basis of deducting tds on subscription charges of any data/material...
As mentioned in Sec 194C printed material falls under the purview, is it the same for any electronic data/material(i.e.useful information for business).

Dear Sir,
Can any one reduce his tax burdan through trust and will.

Kindly clear my doubts about following :

1. In a collaboration agreement with builder , an advance is received by the party before the execution under the agreement. If contract is not executed by the builder and advance is forfeited, what will be the treatment of advance received by the party.Will it be a capital receipt- not taxable or revenue receipt taxable in the hands of party? If the contract is given to some other party subsequently , will it change character of the advance received from the earlier builder ?

2.A security deposit is received from the tenant with a condition that landlord will construct a floor in the market place on his building and let it out to him for a period of at least 3 years on a particular monthly rent.On completion of floor, the tenant does not take the possession and security deposit is forfeited and building is let out to some other party after some time . What will the treatment of security deposit forfeited ?

From
Ram Bhuvnesh
Email- rambhuvneshfca@yahoo.co.in

Will Service Tax paid on Rent be allowed as deduction while calculating the Exemption U/S 10(13A). If yes, is it mandatory to show service tax seperately on the Rent Receipt? Whether the treatment will differ if it is not shown seperately on the Rent Receipt.( please answer from the point of view of Salaried Person)