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CA VINOD JAIN
This Query has 3 replies

This Query has 3 replies

14 July 2007 at 06:20

DIVIDEND INOCME

how to show dididend income in ITR 4 , which is exempt us 10 (34)


vineet
This Query has 1 replies

This Query has 1 replies

whether interest on a loan taken/accepted during the year is to be shown as addition in the annexure relating to sec.269SS in the form 3 cd.
and whether repayment of interest is to be included in repayment of loan during the year in the annexure relating to sec.269T in the form 3cd.


siva
This Query has 1 replies

This Query has 1 replies

14 July 2007 at 02:31

Tax Rates for 2006-07

Kindly share me a TDS rates for Vendor payments for 2006-07


parmod
This Query has 1 replies

This Query has 1 replies

sir, i want to know investment in shares and there will be a no. of transaction during the year. so now we want to know that in which head my income from sale of shares are taxablei.e. business income or capital gain. and also tell me that what is the base of difference between investment or business.


Narendran
This Query has 2 replies

This Query has 2 replies

14 July 2007 at 00:27

TDS on Contract Payments

Sir,
As per section 194C, No TDS to be deducted if the payment does not exceeds Rs.20000 in a single payment or Rs.50,000 in aggregate in afinancial year. What my query is a client made number of transactions in a year. up to half of the year, such contract transactions does not exceeds Rs.50,000/- hence the company not deducted TDS but rest of the year the contract transactions exceeds Rs.50000. Now the company is liable to deduct TDS on contract payments. from which amount the company to be deduct TDS either including basic limit Rs.50,000 or Excluding Rs.50,000/- ?

Kindly clarify.


SHEEJITH
This Query has 1 replies

This Query has 1 replies

13 July 2007 at 22:23

ITR 5 PART A P&L

Where shall we show interest and capital paid to a partner of a firm in PART A P&L as the partner is not an employee ?


SHEEJITH
This Query has 1 replies

This Query has 1 replies

13 July 2007 at 09:00

ITR 5 shedule CFL

In schedule CFL of ITR 5 broght forward loss can be shown from the assessment year 1999-00 only. But if there is brought forward depreciation loss prior to the assessment year 1999-00 where it should be shown ?


SHEEJITH
This Query has 3 replies

This Query has 3 replies

13 July 2007 at 08:54

Rate of Depreciation

What is the depreciation rate for Library books of Commercial Training Center Business


SHEEJITH
This Query has 3 replies

This Query has 3 replies

13 July 2007 at 08:51

Mutual fund divident re investment

Whether the re investment of Mutual Fund dividend can be claimed as deduction under section 80C


rashmi
This Query has 1 replies

This Query has 1 replies

13 July 2007 at 01:33

TDS on interest income

Mr. A is a retired person from gujarat govt. He has invested in Senior Citizens saving scheme. He receives interest for the same on the last day of every quarter. Now for the last quarter of Jan 2007 to March 2007 he has received interest on 4th April 2007. Also no TDS has been deducted by the bank during the year April 2006 to March 2007. The bank has deducted the TDS on 30th April for the whole year. The Form 16A issued also shows that interest is paid on 4th April 2007 for the period (1-4-2006 to 31-3-2007). Now how will the tax calculation of Mr. A be done. Will the income be considered for the previous year 2007-08?