This Query has 2 replies
what are the grounds of diffrence between a person making investment as a shareholder or otherwise (as a businessman).
How can we prove that we are making investment in shares as a shareholder so that profit on sale of shares is chargeable @10% instead of slab rates.
This Query has 3 replies
Can anybody tell me that if no tds has been deducted for salary & other than salary, then is it required to file nil tds return.
Thanks
Pawan Narang
This Query has 1 replies
Dear sir,
In case of ITR 4 the income from 44AD civil construction, assessee does not come under 44AA ,whether we requied to provide gross receiipts/profit as income ( Schdule P&L Item No 51) of the during the period.
Please give me an expert opinion.
Aleel
Calicut
This Query has 2 replies
the cases pending before incometax settlement commisssion shall be complied with payment of tax and interest thereon in respect additional income disclosed in the application on or before 31.7.2007 to see the application is further proceded with and to avoid abatement. the reliable information is the pendency is too large that the pending application is unlikely to be settled by 31.03.2008,the deadline imposed in finance act 2007. the non completion shall again would result in abatement of the case as if no application is filed. is there any remedy to avoid such abatement after payment of taxes and interest by 31.7.07
This Query has 7 replies
OUR PROFESSIONAL BILL INCLUDE SERVICE TAX WHICH IS OUR LIABILITY ON WHICH AMOUNT TDS SHOULD BE DEDUCTED NET OR GROSS INCLUDING SERVICE TAX
This Query has 5 replies
While registering at the IT Dept. site for efiling which DOB should be used for HUF assessee. DOB is compulsory for registering at IT Dept. site. In ITR-2 form, we need to put 31/03/2007 as DOB for HUF assessee.
This Query has 1 replies
IN ANDAMAN & NICOBAR THE GOVT OF INDIA HAS GIVEN A INTEREST WAIVER FOR LOANS/OD ABOVE RS. 2.00 LAKHS FOR THREE YEARS AND LOAN WRITEOFFS FOR LOANS BELOW 2.00 LAKHS.
PLEASE LET ME KNOW THE TAX TREATMENT TO BE GIVEN FOR THE INTEREST WAIVER AND WITEOFFS OF LOANS.
THE ABOVE BENEFIT IS GIVEN FOR TSUNAMI AFFECT TO ALL THE BUSINESS LOANS/ OD. 2/3RD OF THE BURDEN WILL BE BORNE BY GOI AND 1/3RD BY INDIAN BANKING ASSOCIATION.
This Query has 2 replies
sir/ma'm
i m facing a situation wherin the rawmaterial supplier pays the advance to jobworker & deduct tds as per sec194c & deposits the same in time.
subsequently due to certain reasons he gets back the raw material un processed also he get back the advance paid.
now what will bw the treatment of tds in books & in the tds return & tds certificate???
whether ts deducted can be reversed?
This Query has 1 replies
Upto FY 2005-06 FBT was levied at 20% on total travelling expenses. However, from FY 2006-07 travel exp. has been broken into 3 parts. 1) Conveyance @ 20%, 2) Hotel, boarding & lodging @ 20%. 3) Tour & Travel @ 5%. My question is, what expense should be covered by tour and travel. Should it cover only fare or can it also be stretched to cover hotel, boarding and lodging exp. also.
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
C.G. vs Business Income