Income Tax queries [Resolved] [12829]

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Guest

This Query has 1 replies

18 June 2008 at 12:18

Which ITR to use?

Greetings,
For financial year 2007-08, I earned by giving tuitions. I am single aged 45years and possess PAN card.

My total earnings are Rs.1,30,000 for year 2007-08. My expenses are for house where i live and provide tuitions - Rent (Rs.30,000 ), electricity (Rs.3,600), water and maintenance (Rs.2,400) all others are living expenses.
Which ITR should I use? And what will be tax liability?

PLEASE Help!!!

CA.Krishna

This Query has 4 replies

18 June 2008 at 12:06

tds refund

I have paid excess TDS for F.Y.2007-08 in May 31st(for 31st May).
Can I get refund of the same ? If yes , How ?

Navratan Kumar

This Query has 3 replies

18 June 2008 at 11:31

whether to deduct tds on contractor or not

Earlier a bill for Rs 11000/- was booked towards repair and maintenance and tds was not deducted for the same. Now a bill is received fromt he same party for rs 51723/-, in which material purchased is for 33712/- and towards service provided is for 18011/-. Should I deduct tds?

CA.Satish

This Query has 2 replies

18 June 2008 at 10:59

income from other sources

whether interest earned from savings bank account(sb a/c)is chargeable to tax?

Akhil Agrawal

This Query has 4 replies

18 June 2008 at 10:41

Set off & Carry Forward

Can Any one explain me the provisions of Section 79 of the Income TAX Act.

Kindly xplain in own words as i know the language of section in the Bare act.(but could not understand the same)

THANKS

P A RUPESH RAMNATH

This Query has 3 replies

18 June 2008 at 10:41

What rate to be deducted 2.06% or 10.3%

My client has outsourced the collection work & pay a commission of 5% on the collection amount. We are going to deduct @10.3%. But they are asking us to deduct @ 2.06% contending it has a contract payment. Whether they are justified or not.

Rajkumar.K

This Query has 1 replies

18 June 2008 at 09:51

TDS on Lorry Hire charges

Can we cliam any exemption for non deduction for TDS on Lorry hire charges for sec.194C if exceeding Rs.50000.P.a

Binoy

This Query has 8 replies

17 June 2008 at 21:40

Tds Rates on salary

Hi,

What is the rates of salary TDS?

Vidyasagar

This Query has 1 replies

17 June 2008 at 16:53

regarding Deferred Tax

Hello everyone,

I finding difficult in understanding deffered tax as per AS 22.anyone with knowledged about it send me a file.. or any material..

Pratik

This Query has 5 replies

17 June 2008 at 15:43

Regarding FBT

Amount incurred by the compny for recruitment expenses such as reimbursement of expenses for travelling from Residence to Office for Interview, accomodation expenses paid if coming form outside. Whether such expenses are liable to FBT or Not?
Plz reply.

Thanks
Regards
Pratik