Regarding U/s40(a)(3)
Professional charges paid to NRI by cash or barer cheque what is the effect in this section.
1.NRI doesnot have a Bank account
2.NRI vist to india in maximum 3days in this days done a Professional services to India and back to home country.
3.The payment may be payable in the nature of cash only

The above said situation what is the disallowance of the such section and what is the solution for this matter regarging.
If any exception in the Rule 6D

Please mail to Me ca.jsathishkumar@yahoo.co.in

Can the difference between the purchase value of the house property and the value adopted by Stamp Value Authority be treated as Unexplained Investments u/s 69?

Please guide me asap.

PS: Kindly Quote the relevant Case Law/ Circular

Dear experts,

Please let me know that is tds is applicable on interest and service charges payable to bank.

Please reply with relevent section or circuiler/notification if any

Plese tell me how many % of TDS we have to deduct while paying commission to individual(Commission amount Rs.7300000/-)

Is Interest on late payment of TDS allowable as business expense? Allowance/Disallowance is governed by which section of Income tax?

please tell me the etds due date of filing for q4 for A.Y 08-09

Can we declare loss in share business so that there will be no TDS on my salary?
For eg: My salary is 216000 and i incurred loss of 60000 in share trading. can i declare the loss so that my TDS on my salary is reduced?

If the office premises( on which depreciation is charged) is gifted by a person to his son. The cost would be wdv.
Now if the same is transferred suppose on 1st March, who will be able to claim derpecition for the first 6 mths?

Example:-
opening block is Rs. 100
and the same is gifted to his son on 1st March and depreciation rate is 10%
who will be able to claim Rs. 5.i.e. depreciation of first 6 months. The deprication of last 6 months would be claimed by his son

% of TDS on Commission for individual for assessment year 2008-09 (Commission amount more than 10 lacs less than one crore)

Can you any one pls let me know the what is the maximum amt permissible for Children education expenses under Sec 80 C