stamp duty on purchase of residential plot , whether deductiable or not ?
construction on house not yet started.
Also loan taken for purchase of plot, whether interest and repayment of loan amount are deductiable ?

We are purchasing some software lisences from abrod and installing the same to our customer site in India as a part of implimentation.
1.Whether Service Tax is applicable for the same when we are billing to the customer?
2. Whether the customer should deduct the TDS on advance payment or full payment towards the sale of the same?
Kindly give your expert opinion on this

Could you please tell me which one is better and why.PPF is public provident Fund gives 8% p.a lock in 15yrs and voluntary Pfovident fund gives 8.5% interest and I think both are tax free.

Can anybody give more light on these for Tax purpose u/s 80C.

If a company 'X' pays for expenditure of AOP 'Y' and later gets it reimbursed( assuming there is no cost sharing agreement between the two ),then who is liable to pay FBT on the above expenditure ?

Can some one provide me relevant income tax circular which gives relief to share brokers for the losses occurred due to wrong punching of transactions of the customers.

my brother was doing cable opertor business in a certain area/ network, generaly in the cable business, it is tradition right to do business in that area/ network along with the customers( subscribers ) sale to the party.

now the consideration Rs. 50,00,000/- received for sale of right to business in that area / net work . the amount received whethere capital gain or business income and how it will be taxed, 30% as General Business income or tax under capital gain at 10%/ 20%

What is the amount which is exempt U/s 10 of uniform allowance. What kind of supporting is requierd for claiming this exemption.
Please refer any circular/case law/notification
Thanks

Dear All,

I came across very strange situation which i want to share with u all.

One of Pvt Ltd Co. has uploaded its return of income in ITR-6. ITR-V was generated showing date of filing of e-return & place was 'BY DEFAULT' shown as Mumbai as its Regd Ofifce is in Mumbai & date of verification 'BY DEFAULT' shown as Date of e-return uploaded.

Now ITR-V was given for sign to Director whose name was shown in Verification Part. Director refused to sign as he was not present in Mumbai on the date on which e-return was uploaded.

How to overcome this kind of situations?
Suggest the suitable course of action.

First of all My client started business with propritor to work job work (F.Y. 05-06). so he give the PAN for self to give Deductor company. Now(F.Y. 06-07) he started partnership firm the Deductor company deduct tax in Propritor PAN and qtr statments of tds is also Propritor.
So Partnership firm not get refund order in his return for the f.y. 06/07. how can i adusted this refund order in partnership firm.

ONE OF THE COMPANY IS DEPOOSITING TDS LIABILITY WITHOUT COMPUTING THE ACTUAL LIABILITY. SO THERE ARE MANY CASES OF SHORTFALLS AND EXCESS DEPOSITS OF TDS TILL DEC 08.( FY 2008-09) HOW CAN THE COMPANY ADJUST ITS BALANCE OF TDS PAYMENTS ???

CAN THE EXCESS DEPOSIT OF ONE SECTION BE ADJUSTED WITH SHORTFALL OF THE OTHERS ????

CAN THE DEPOSITS OF THE SAME SECTION BE ADJUSTED ON MONTHLY PAYMENTS WHERE THERE IS SHORTFALL AND EXCESS ???