Hi,i want to ask can the unabsorbed depriciation be set off from income under the head salary?
Answer nowWe often see a small dog in vodafone advertisement. The company must be paying some fees for the acting of that dog in their ads. Whatwill be the tax liab. in case of fees paid for the use of dog? Who will be asessable under income tax for the fees paid to dog?
Answer now01.Whether Income Tax act have any objection on reimbursements of Multiple Telephone Nos. & Prepaid Telephone Bills?
02. Send me the related Income Tax Downloaded Documents with Notification /Section No.
Hi,
I want to know how to change the IT/PAN jurisdiction from Mumbai to Delhi?
Some time ago I submitted the PAN update form to change the address to Delhi and a spelling correction. That has been done successfully, however the jurisdiction did not change automatically as someone said it would!
Please let me know.
Thank you.
DEAR SIR/MADAM
1. AN ASSESSEE WAS TAKEN LOAN FROM SUNDARAM FINANCE FOR PURCHASE OF LORRIES HE IS PAID EVERY MONTH E.M.I. INCLUDE INTEREST IF THIS INTEREST IS PAID WHOLE OF THE YEAR IS ABOVE RS. 5000/- ASSESSEE IS LIABLE FOR DEDUCTING OF TDS ON THE AMOUNT OF INTEREST PAID TO SUNDARAM FINANCE IF ITS MANDATORY PLEASE TELL ,
2. IF ASSESSEE IS NOT DEDUCT ON PAYMENT OF INTEREST TO SUNDERAM FINANCE IS IT DISALLOWANCE AT TIME OF STATEMENT OF TOTAL INCOME PREPARED , IF IT IS DISALLOWED PLEASE TELL WHICH SECTION IS DISALLOWED.
THANKS IN ADVANCE
Income Tax Impact on Minor Beneficiary Trust. Is the trust as to pay any tax and what will be the slab rate
Answer nowWe are a Bank. We have to pay a add agency which has given a Summon Notice in Newspaper for Recovery of a Debt on our behalf & now we have recived a bill for the same together with the paper cutting of the summon notice.
Should we deduct TDS under 194C or 194J for this payment to add agency.
Please update me on the following issue.
I had a Long term capital gain (on transfer of Residential house) during F.Yr 2008-09, However since i bought a new residential house during 2008-09 at a cost which is more than my Capital gain during 08-09 i need not pay any tax on CG. Now If i sell another residential house during F.yr 2009-10 & if that results in Long term capital gain, can i claim the difference amount (F.yr 08-09 Cost of new asset - Capital Gain exempt)as exemption u/s 54 during F.Yr 2009-10. (Since section stipulate the date 1 year backward & 2 year forward. Kindly update me.
Regards,
Hemanth Kumar.
Dear Friends,
how is the taxation of Real Estate business(purchase & selling of plots) of a firm Computed?
whether benifit of capital gains applicable or not?
whether it is considered as a business? and the profit arrived after deducting all expenses is taxed?
please urgently help me fellas..
thanx in anticipation.
Wether an assesse already having an House Property can claim exemption in respect of LTCG by investing again in the same house property or by purchasing one more residential house.
Answer now
set off of unabsorbed depreciation?