MaheshDhanalakota
This Query has 5 replies

This Query has 5 replies

23 May 2007 at 01:25

Softex Forms

We submit the SOFTEX forms in Triplicate to the STPI , for the following parties records.

Original Softex for STPI
Duplicate Softex for RBI thru STPI
Triplicate Softex -Will be returned to Exporter after due endorsement..

Triplicate copy after due endorsement received from STPI we need to submit with Income tax authorities to Claim the tax exemption U/S 10 A&B of Income tax Act. ( Since our is 100 %EOU).

Where as Endorsed Tripicate copy in Original form seeking by the Banker.

Pls Advise how to go about.
at the same time STPI also not accepting the softex in Quar-Triplicate.


Guest
This Query has 6 replies

This Query has 6 replies

22 May 2007 at 08:25

House Loan

I have purchased a house two years back and availed a house loan. I have been claiming interest setoff from the residential income and principal amount u/s 80c. Now, i purchased another house and availing housing loan. Can i calim both housing loan benefits by declaring rental incomes?


Pawankumar Prakash Kulkarni
This Query has 2 replies

This Query has 2 replies

22 May 2007 at 07:33

HRA Exemption

a person who is a salaried employee, gets HRA. He stays in a leased house for which he has paid a lumpsum amount at the beginning of the stay in that house which will be refundable at the end of the stipulated period. Can he claim HRA exemption U/S 10(13A) of the Income Tax Act 1961


Manojbubna
This Query has 11 replies

This Query has 11 replies

22 May 2007 at 00:18

TDS on Service Tax

Hello Sir,

Please advice me about the following query.

In a bill for service charges the party charges service tax. We have to deduct tds against that bill. So whether the tds is to be deducted on the amount of service charge only or on the amount of bill inclusive of service tax.

Thank you
Manoj Bubna


sudarshan
This Query has 1 replies

This Query has 1 replies

16 May 2007 at 23:50

TDS on salary

A company has 2 directors. One director is NR. He is a director of foreign company in which the indian company has equity partnership. The NR director is responsible for realisation of exports. He is paid remuneration in Indian Rupee.IS TDS applicable. The salary is not for any work in India and his stay is hardly 30 days in a year in India


arun shah
This Query has 4 replies

This Query has 4 replies

15 May 2007 at 02:57

TDS

what is the last date for issuing 16A in case the interest iscredited for the year on 31st march.I v read somewhere that in such cases its 7th june. is it right and what if 16A is issued after the required date


santosh s
This Query has 6 replies

This Query has 6 replies

14 May 2007 at 09:16

S.H.E.Cess@1%

New 1% Cess became effective for Income Tax from 1st Apr-07 before the Finance Bill 2007 getting assent of President.
However for Service Tax the same become effective after assent of President.
Why is So?


muralidharan menon
This Query has 6 replies

This Query has 6 replies

14 May 2007 at 05:00

Income Tax


For the purpose of calculating Book Profits u/s 115 JB will the amount transferred from the Securities Premium Account to the profit and loss account be added back to the Net Profit?

Regards

N.Muralidharan Menon


Madhav
This Query has 6 replies

This Query has 6 replies

14 May 2007 at 02:00

NRI Tax Provision

Hello sir

is the divindend received from mutual fund units is taxable in the hands of NRI,if yes,is it advisable to invest in the name of spouse of the NRI(by treating the amt. received from NRI as gift) or is there any better option available


Arun Somani
This Query has 10 replies

This Query has 10 replies

10 May 2007 at 23:57

Section 2(12A) of Income Tax Act

Whether it is necessery to keep hard copy of the books of account as per IT act. If yes then what is the objective to insert section 2(12A) in the act