what are the condition for claiming deduction for instalment for house loan
and tuition fees of education for children????
i own 2 properties one is a residential Property where i resides and another one is a commercial property which remains vaccant for last 10 yrs now my question is that can Assesing Officer can treat one of the property as a " Deemed to be let out " or not.
1.A salaried Person is living in his mother house and have no residential house in his name paying a house rent to his mother does this amt. is considered as rent paid for calculation of house rent allowance . further rent income is offered to tax in his mother's return of income .
2.If yes any contract need to preapred for income tax purpose .
3.is there is any risk of disallowance by assessing officer .
A friend of mine gave a suggestion of creating a minor beneficiary trust ie income of the trust is to be accumulated till age of majority and till such time, the income of the trust will be charged as AOP under the individual rate of taxes. I would like to know whether is this possible
Pls suggest me weather TDS is deductable on service tax amount charged on rent
I WANT TO CONFIRM AS FOLLOWS:
TDS RATES, CALCULATION ITEM WISE FOR THE ASST. YEAR 2008-09
H.ARORA
If a payment voucher exceeding Rs.5000.00 including more than one payments to different parties then is there any requirement of affixing revenue stamp on voucher?
thanx
Ghanshyam
why does financial year begin on 1st April?
please specify with provisions, section.
and answer it with relevance
amount received on money back policy is taxable or tax free under section 10 (10D)? The person insured is alive.
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961
ammendmend for the A.Y 2008-09