u/s 80c, only tuition fees paid for full time education is allowed as deduction. But if there is no distinction b/w tuition fees & development fees is made on the fee receipt, then how much amount I can claim as deduction?
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highcourt judgemnt in respect to 271(1)(c)
I would like to submit the copy of judgment in cae of CIT V. Rajiv Udyog 227 ITR 209 (MP) for penalty proceedings. Please mail me, if you have the judgment copy at the earliest.
with regards,
CA.Ganesh K.Shetty
speculation profit
Dear colleagues.
an assessee has only speculation income from share trading. he has received full the profit from the broker by way of chq.
is balance sheet and profit & loss a/c reuired to be given in ITR 4 ?
if yes,his balance sheet shall be NIL? as he does not have any business assets/liabilites like debtor,creditor,stock etc
regards
paresh zatakia
TDS
Well i have got the following query in relation to issued of Form 16A
1. In relation to TDS on Contractor payment. What is the time limit for Issue of TDS Certificate?
2.Income Tax Act says that Form16A shall be issued on monthly basis. So whether One FORM16A annually would suffice.?
Accumulated profits
Can we include Deferred Tax Liability for the purpose of accumulated profits in Sec 2(22)(e)?
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40(a)
Form 3CD specifically ask for reporting for disallowance u/s 40(a)....
Is interest on TDS/FBT/Income Tax gets covered u/s 40(a) and do we need to report the same?
tds
in what cases sucharge is to be deducted on tds.
tds on dress material hire on rent
which rate of Tds considered if Dress material hired (For TV serials & Other like purpose) ? Whether On contractor basis or rent Basis? could any referance like case study be available for this?
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TDS returns
We did not deduct TDS in 06-07 under 194 C/194 J, we remited them now in mar 09 wiht interest.Should we file a corrective return for 0607 as the payment to vendors was made in 0607, or be included in current quarter as we did not deduct tax then from the vendors.
Thanks
transporter payament
hi
i m facing problem payament of transporter if amount Rs.20000/- above how to maintain the books and because transporter want cash?
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amount of deduction u/s 80c