Income Tax queries [Resolved] [12812]

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sandsassociates

This Query has 1 replies

31 May 2008 at 10:35

Interest U/s 234A, 234B & 234C

As per Return of Income filed by the assessee (Approx):
Income Tax 7,50,000
Interest U/s 234A;B & C 2,50,000
Total Tax U/s 140A 10,00,000

Return Processed by the Assessing Officer:
Income Tax 15,00,000
Interest U/s 234A;B & C 3,00,000
Total Tax 18,00,000

my question is how to adjust the tax & interest i., Rs. 7,50,000/- & Rs. 2,50,000/- how to adjust againest liability of Rs. 18,00,000/-.
Any notification/clarification in this regard.

Regards
Suresh

Tarun Munjal

This Query has 3 replies

30 May 2008 at 23:28

E-TDS Returns

can u plz tell me..
is it necessary to give a hard copy of Quarterly return of TDS along with Computer Media.

Tarun Munjal

This Query has 2 replies

30 May 2008 at 23:27

E-TDS Returns

can u plz tell me..
is it necessary to give a hard copy of Quarterly return of TDS along with Computer Media.

Tarun Munjal

This Query has 1 replies

30 May 2008 at 23:26

E-TDS Returns

can u plz tell me..
is it necessary to give a hard copy of Quarterly return along with Computer Media.

Anandrao

This Query has 1 replies

30 May 2008 at 20:01

Income tax slab for 2008-09

Dear Sir,

I want know the income tax slab for 2008 -09

Regd,
Anand

Channabassapa

This Query has 1 replies

30 May 2008 at 18:39

TDS to be made on intrest capitalised

whether TDS should be made on the intrest paid on the debentures when such intrest is capitalised.

Vikas

This Query has 2 replies

30 May 2008 at 17:54

taxlibility of Intt. recd. on NABARD CAPITAL GAIN BOND

interest received from nabard capital gain bond. is it taxable or not. if it is not taxable than please refer the Sec. under which it is taxfree.

vandana

This Query has 2 replies

30 May 2008 at 17:14

co - applicant to a loan

If the house property is in the name of A and the housing loan is applied for in the name of both A and B, whereas the payment is in actuality made by B only.
How will this be treated. Will A be able to claim a deduction u/s 24 if she makes the same payment to B in cash ?

ritesh kumar tibrewal

This Query has 1 replies

30 May 2008 at 17:00

Applicability of tax exemption Limit for society

If a NGO registered under trust, can it be assessed as an AOP?

Thanks

Ritesh

Nilesh Jain

This Query has 2 replies

30 May 2008 at 16:30

Amount to be considered for Surcharge applicability

Hi,

For a salaried person if the income from salary is 11.5 lakh, loss due to interest for house property is 1 lakh and she has done 80C investment upto 1 lakh (i.e., taxable income is 11.5 -1-1=9.5).

Is she liable to surcharge applicable for income above Rs10 lakh?

Thanks in advacen for your resolution.