Income Tax queries [Resolved] [12903]

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Kinjal B Shah

This Query has 6 replies

03 July 2007 at 03:36

Tax Impact

Hi,

Our Company is giving Rs.25,000/above Rs.25,000 as a gift.

It is chargeable to tax, so straight away 30.90% will be deducted as a tax.

Can any one provide better way for receiving this gift (under any other form) so that minimum tax will be deducted and we will get maximum out of Rs.25,000 ?????

Whther there is any scope of saving tax by paying FBT ????

Sandip Ojha

This Query has 1 replies

03 July 2007 at 00:17

Dividend distribution tax

Do one have to file any income tax return in realtion to tax deposited under dividend distributed tax as we file quarterly returns in reation to TDS.

VENKATESAN R

This Query has 2 replies

01 July 2007 at 09:23

Scrutiny 2006-07 Reg.

As per Scrutiny selection norms , income Less than 5 % on contract exceeding 1 crore is selcted for scrutiny. But Is it fair to select scrutiny even declaring income from contract exceeding 5% for firm before interest and remuneration for partners for assessment year 2006-07?

rajesh

This Query has 2 replies

29 June 2007 at 03:13

NEW FORM 16A

Kindly let me know that from which date the new format of Form 16A is applicable.

Thanx

Sindhu

This Query has 1 replies

28 June 2007 at 10:43

Foreign tax credit

I would like to know the treatment of foreign tax credit in case of salaried individuals and its treatment in ITR?

CA PRANESH AGRAWAL

This Query has 3 replies

28 June 2007 at 02:09

NEE T.D.S RATES

WHAT ARE THE NEW T.D.S.RATES,SURCHARGE AND EDUCATION CESS APPLICABLE FOR THE F.Y.2007-08 U/S 194A AND 194C?

CA Amin Haziyani

This Query has 1 replies

27 June 2007 at 00:28

tds on pmt of upfront fee to a subsidary of indian company abroad

is tds deductible on pmt of upfront fee to a company abroad which is subsidary of indian company

Sandip Ojha

This Query has 3 replies

26 June 2007 at 05:06

Deduction u/s 80 C for principal amount of hosing loan

I have a query whether one can claim deduction of the principal amount of housing loan repayment u/s 80C during the pre-construction period as there is no specific guidelines in relation to this unlike in the case of interest paid during the preconstruction period.