Will pls. someone help me?
If the TDs is not deposited in time with the department then what are its repurcussions other than levy of 1%intt. p.m. on the amount not deposited.

Dear all,
I am not holding COP. Can I appear for inqiury for assessment under sec 142(1) of Income Tax Act on behalf of my client?

Hoping early reply.

Thanking you.

Dear all,
can you please tell me CII of A.Y.2008-09?

Thanking you all.

Company is reimbursing medical expenses and telephone charges monthly equal amount total per annum is Rs.15000 & Rs.12000 respectively which is part of salary.

Is it necessary that the employee should submit the documents every month for tax calculation or is it okey to submit the documents once in a year(i.e at the end of the year).

dear sir!
my company was having one service contract with nokia.
Due to some reason this contract has been cancelled.
we have raised a debit note on nokia.
When they released our payment they have deducted TDS on this amount.
I think it should not be deducted.they have deducted this tds under 194c
Please clear this issue.
Gajendra

I have purchased a residential plot and for that I have taken a loan from the LIC Housing Finance Limited.

My queries are as under:

1. Whether the principal amount paid during the year is eligible under Section 80C of the IT Act.
2. Whether the interest paid during the year is eligible under Section 24(b) of the IT Act.

Will FBT be levied on the amount of service tax on expense incurred ? E.g. Expense Rs.100/- Service tax on this exp Rs.10/- So, FBT will be levied on Rs.100/-or Rs.110/- ?

Some notification or circular or case law or some news had come in this regard. If anybody could provide the same, it would be of great help.....

Hi !

What would be the TDS rate on a payment by a Tours & Travel Agency to the guides it hires for helping out the clients in visiting various tourists places. Guides are not an employee of the Company and freelancers. Will TDS be deducted u/s 194C or 194H or 194J.

Please reply ASAP with references.

Rozi Gupta

can i claime depriciation as per I T Act 1961 Or Companies Act,1956 on Rental property on which rent recieved

Hi Friends,
I want to know whether is it compusory to disclose the income earned outside india by a non resident in his income tax return along with his income earned in india(ie interest on Capital from partnership firm).In short Non resident has income from both outside india and from inside india,is it compulsory to disclose the income earned outside india since non resident's income earned outside india is exempt from tax as per Indian Income tax... Please Reply Friends...