Gud morning,

Please advise how much NSC amt we can take for the Income tax calculation. For e.g, suppose a male individual is having Rs.100000 NSC, can we avail full amt for the income tax payment .

I know that the under section 80c ceiling upto 100000.

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.

Dear all

U/s.80C instalments of principal repayment of housing loans is allowed as deduction.

When the building is still under construction repayment of principal has started. Whether same can be claimed as deduction.

What is my position if i am not able to fill the 3CB & 3CD particulars in my e form.

Is it necessery to revise the return since we have already got the same from our Auditors but we are unable to fill these in our e forms.

Is it a necessary comliance if we file a copy of the same manually to the Local IT Dept or wait for the queries from the IT Dept....

Plase clarify?

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