Hi,

In case of Investment in a PPF account, I wanted to know if the amount deposited after the intial investment can be less then the intial investment. Also wanted to know wether if the deopsit can be one time or what is the minimun years of investment required. (For ex: 1st year if 60000 is invested is it possible to invest 50000 in the second year and can the inevstment be only for 5 intial years)

My father wants to give me a housing loan by cheque with a interest @ 10 % P.A.

Can I get the deuction under salary head by section 80 C and section 24 of IT act.

I just complete my 15 month of articalship without any leave.At the period of articalship I only doing filedman work 'Like a Pagal'. My CA never given any type of work which related my trainig. Iwas there only one Artical.About all this Icould not lost my temple but at the time completing 15 month I gave him an application for taking leave for of PCC. He never give ne any leave for my preparation of PCC.

What can I do?

DEAR ALL

IS THEIR ANY SITE WHERE I CAN VERIFY THE PAN BY ENTERING THE PAN NO. ONLY.

URGENTLY WAITING FOR REPLY.

Department is insisting on annexure less return of income. But if any person who is not eligible for any deduction u/s 80C and he still claim deduction, how department will come to know that he is not eligible?

I had applied for TAN through internet and filled the form 49B and also made the payment through credit card.

But could not get the copy of acknowledgment with which other documents to be submitted manually because of internet disconnection in between.

My query is will I have to pay again or I can get the same filled form from any sources.

Please tell me its urgent.

Say I receive HRA amount of Rs. 1,50,000/- p.m.and with basic of Rs.300,000/-p.m. The rent paid is Rs. 1,25,000/- p.m.

Do maintain a Guest-cum-office room at the residence in Metro. Do I get some admissibility for furnishing this room or maintaining it, from the point of view deductions under the relevant setin applicable for Income Tax payment

While paying TDS online, deductee code has been wrongly mentioned as "0020" instead of "0021".

What will be the consequences and solution for this mistake.??

Please..its urgent..

What is the procedure of tranfer from a propritorship firm into a new pvt. ltd. ?

What will be consequeance of a assesse of a proprietorship firm after conversion as per income tax ?

I have taken a personal loan through a private bank during this year and i have invested in the shares & securities through a regular franchise and i have winded up with a loss on it. So could i show the respective loss and i want to claim the occurred loss in this year.
So i want to know the details required for the submission of my tax return
(A.Y.2008 - 09)