Sir,

Our employee has submitted a mediclaim receipt to claim the income tax benefit.

This policy is in the name of his parents & the policy nowhere mentions the employee's name on it. However, he is claiming that the payment for this policy has been made by him only.

Now, what is the employer's liability in this regard? Can we admit this document as valid for IT relief ?

Reply urgently,

Thanks

Subhash

can anyone provide me with the list of notified areas u/s 2(14?
i want to check whether an area named SIROHI is notified or not.

please provide the list along with its source.
thanks

-The Income Tax Department is levying interest u/s 201(1A) for variation in the deduction of the TDS on Salary on month to month basis for the last 3 years(2005-06,2006-07,2007-08). Sometimes the deduction is less than the average but sometimes it higher too.
-TDS on Salary deducted and deposited on or before due date, everytime.
-The Employer is passing the liability to Employees and recovering the same interest from the concern employees.
- My query is
1. Whether the above approach is correct?
2. Is there any time limit for charging the interest u/s 201(1A)?
3. Whether it is the right interpretation of the quoted section.

PLS ANY BODY TELL ME THAT HOW TO CALCULATE INTEREST U/S 234A, 234B & 234C.
PLS TELL ME WITH EXAMPLES.

1. shell network is fibre optic cable supplier and he also installs cable.one of my cilent used his services. whether TDS to be deducted.if to be deducted under which section to be deducted.


2. whether TDS to be deducted on printing &stationery. the expenses incurred towards printing of answer sheets,addtl sheets, records books with logo on all these.

my client has already two houses and he bought one more house to claim 54f.

is it easy to hide one house in scrutiny.

Can he gift one former house to his elder son in back date by writting a written gift agreement. so that he will be eligible to claim exemption u/s 54f.

If NO, than how can he manage his capital gain.


1. i want to confirm that any clubbing provisions would not be applied to the above case.

Hi,

I have received a notice u/s 142 (1) to prepare a true & correct returns fof F.Y. 2005-06 & to submit the same to the ITO before a particular date & to be also present on that date in his office.

I want to know what the notice pertain to & what documents should I carry when I go for the hearing.

Please also let me know if I have not filed my returns for F.Y. 2005-06 as I cannot find the acknowledgment copy then what are the consequences of the same. Can I file it now or what is the alternative.

Thanks
Altaf

Please explain me the Applicability of Sec 14A and Rule 8D?

Will appreaciate if any of the Experts can educate me on the Whether TDs needs to be deducted on Freight paid to Korean(flag) shipping Company for loading of cargo done in India.
If TDS is to be deducted then at what rate ?

Are the Expenses on maintenance of Guest House liable to FBT for the AY 2009-10?