There is a queary regarding TDS. we are the civil contractor and carrying out eraction of towers as civil contractor TDS is 2.06.

Now, the company has paid us Rs. 200000 as part payment of bill insted of Rs.1000000 as full amount for the bill of last financial year and deducted full amount of TDS in last year and company will pay the rest amount in this year. whether is it tenable? what should be the accounting entry? and how i can claim refund and show my income of Rs.800000?

Hello can anybody plz tell me whether relief u/s 89 can be claimed by the assessee widow who is in receipt of arrears of family pension on death of her husband who was a govt employee? Also whether deduction as admissible u/s 57 can be claimed along with relief u/s 89?

Dear All,

I have a residential house in hyderabad where my mother is staying(i'm paying principle & Interest).I stay in another area in a rented house due to my employment, but in the same city.

My question is can i claim HRA & House propery loss in my self declaration while giving to Employer.Does the employer has right under any section of IT act to reject the same.

Please clarify with case laws/sections if any.

Thanx in advance,

Regards,
Khayyum

Hello, can any body plz tell me the provisions relating to the taxability of amount received as family pension by a widow of govt. employee?

if PPF is going to be matured the next year..and we withdraw d 80% allowable amount this yr..den wat are the consequences ??
like is only the interest not allowed in last yr..or sumthg else too.. ??

I have two residential properties (one in my name and one in wife's)in Pune and one in Mumbai (wife's name). We live and have work places in Pune. I am showing property in my name in Pune as self-occupied. What are the options available to my wife? Can I and wife show seperate properties in Pune as self-occupied? Can my wife show property in Mumbai as self-occupied?
Will it make any difference to show property in Mumbai Vs in Pune as deemed let-out property?

let say opening wdv of an asset is 10000/- depreciation as per it act rs 1000/- out of which 500/- rs of depreciation is disallowed bcoz of personal use than what will be the opening wdv of an asset in next year as per income tax and what will be allowable depreciation in next yaer. assume depreciation rate is 10% on wdv. is there any impact of section 43 (6) on the above?

Our 24Q has been filed within due date. Now one of the seniors want to get a revised Form 16 and is asking me to revise Form 24Q.

Can I do so?
If so, under which section?
Any conditions attached thereto?
Any time limit
Urgent reply required. Plz
Thanx in advance

The Partnership firm is being dissolved due to the death of a partner. what are the further steps to be taken to dissolve it.what all related formalities are reqired to be undertaken.

1)
sir i want 2 ask that a person is dealing in selling of software online and all transacion of money are also online then it is businesss or profession
2)
if server rent is paid
tds will be deducted under which category?