Vinod Sharma
07 November 2007 at 11:56

Interest on Housing Loan

whether Interest and repayment of housing loan claim by a son ( Who have actually taken loan) but house is in the name of mother. If yes, then any sec. or case law available, because employer is not giving exemption to son, Another query is whether a son can claim two housing loan benefits at a time.

Thanks,
Vinod Sharma


A. Gupta
07 November 2007 at 11:50

TDS on Commission on sales paid to NRI

An indian company appoints some sale agents abroad to obtain orders their in consideration of commssion on sales. All such agents are non-residents and do not have any permanent establishment in India. Whether the indian company is liable to deduct TDS on such commission payments? Whether such income can be deemed as income accrue or arise in India in the hands of such agents? Please give your opinion.


CA Anil Jain
07 November 2007 at 11:32

TDS deduction on Internet usage???

do we need to deduct tds if we have made a contract of internet usage with a company and the bill amount is the same every month???
what is needed to be done if it is call centre???


harshit
07 November 2007 at 11:22

Fringe Benefit Tax Applicibility

One of Firm, its Turnover was Rs.14 lacs ant it was a manufacturing industry (small)for the year 2006-07, which was applicable for FBT or not?

How much Turnover need for FBT? Plzzz sir?


TARUN
06 November 2007 at 14:44

EXEMPTION LIMIT

HI,
SOMEBODY TOLD ME THAT IF WE INVEST RS100000/-IN KISSAN VIKAS PATRA THEN WE ARE ABLE TO TAKE EXEMPTION FOR THAT FULL AMOUNT WITH RS100000/- OF 80C MEANS I WANT TO ASK THAT CAN WE CLAIM EXEMPTION OF RS200000/-
PLZ SUGGEST ME.

THANKS


CA Anil Jain
06 November 2007 at 14:06

Exemption u/s80c

In 80C of the Act the maximum limit of exemption is Rs.1,00,000/but someone told me that this limit is not applicable on the Invetment in the ELSS to the extent of rs.10,000/-whether it is true?
Plz tell me something more in this Regards.


Wishing u a very happy Diwali in Advance.
Thanks & Regards,

Anil Jain


Punchy Jain
06 November 2007 at 13:33

Implication of Cost plus pricing model

Univa Singapore, intends to establish a new company in India, Univa India. This conmpany will primarilly provide sourcing and marketing services to its Singapore and will bill it on cost plus 10 for the above services.

What are the implications of this arrangement from a Transfer pricing, TDS, PE and Service tax perspective.

Regards


CA Anil Jain
06 November 2007 at 13:29

Tax deduction at source

If payment to party & deposition of TDS both in the next qtr. whether we require to revise the return or we make entry in the next qtr. date ?


CA Navin Sharma
06 November 2007 at 13:19

Chargibility of LIC Commission

Whether the lic commission received is treated as "Business" or " Profession" in order to decide Tax Audit u/s 44AB.
Kinly give the reference for the same i.e.relevant case law, circuler etc.


CA Anil Jain
06 November 2007 at 12:07

Tax Deduction at source

If we make payment to the patry but deposit TDS amount in the next Qtr. with int.Whether we r required to Revise the Return or not?