Income Tax queries [Resolved] [12823]

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surinder kumar

This Query has 2 replies

20 June 2008 at 09:05

TDS on Salary

When we talk about investment(u/s 80c) that has limit upto 1,00,000 which includes no of investments.

(A)I heard that Investment under pension scheme has a limit of Rs. 10,000/-. Is this true?

(B) Is tuition fee restricted upto 24000/- or having no such kind of limit.

Kindly answer to my this query.

subash mohanty

This Query has 1 replies

19 June 2008 at 20:08

TAX AUDIT U/S 44AB

COMPANY HAVING INCOME FORM ITS ASSOCIATES COMPANY (RENT SUBLETING RS 3000000AND PROF SERVICE TO ASSO RS 2800000 WHETHER 44AB APPLICABLE THERE IS NO OTHER INC)

RENT-SUBLETTING ITS OFFICE TO ITS ASSOCIATES
(Rent receive from subsidiary by sub-leasing its office)

A RAJU

This Query has 1 replies

19 June 2008 at 19:06

12BA required for form 16

Hello

12BA is compulsory for form 16

Narpat S Gaur

This Query has 4 replies

19 June 2008 at 18:55

Accrued Interest on NSC VIII Issue

Dear Sir,

An assessee purchase NSC VIII issue of Rs 25000 per year. What the accured interest on such investement shall be included in his income from other source?

Sumit Agrawal

This Query has 3 replies

19 June 2008 at 18:37

Minimum Alternate Tax

Is MAT payable by a company showing loss in its Profit & Loss A/c. If yes then how it is calculated

V N HARI

This Query has 1 replies

19 June 2008 at 18:37

Declaration in from no. 15J

Dear Sir,

What are the consequencies, if the person responsible for making TDS fails to submit the same before the commissioner of Income Tax with in the due date. Whall will be applicability of section 40(a)(ia) in this regard. Please clarify

Thanking you,

Yours faithfully,
V.N. Hari,
Chartered Accountant

Megha S

This Query has 2 replies

19 June 2008 at 18:04

It Depreciation

UPS to be grouped under compuer or Plant & Machinery?.

surinder kumar

This Query has 3 replies

19 June 2008 at 17:20

TDS on payment to foreign party

If I make payment of commission to any foreign party, in that case should I deduct the TDS, if yes, what would be the rates for that. Plz reply to my this query.

NEERAJ BHATT

This Query has 4 replies

19 June 2008 at 16:49

TDS ON DTH SUBSCRIPTION

WE ARE A PSU & HAVING DTH CONNECTIONS FOR OUR EMPLOYEES.THE CONNECTIONE NEEDS TO BE RENEWED BY PAYING THE SUBSCRIPTION CHARGES TO DTH SERVICE PROVIDER .
PLEASE CLARIFY IF THE TDS IS TO BE DEDUCTED FROM THE PAYMENT MADE TO DTH SERVICE PROVIDE ? IF YES ,WHAT RATE SHOULD BE APPLICALE?