A is doing proprietorship business.

A has not filed his ITR for AY 2008-09.
Now, A has TDS Certificates from his clients pertaining to the said AY for a substantial sum.

There may be a situation for A for some tax liability.

Now, A wants to file his ITR for AY 2008-09 and thereater, AY 2009-10.

What will be the situation for non-filing of ITR for AY 2008-09 ?

Whether he is eligible to claim his entire TDS Certificates ?

What are the applicable sections under which, A is liable for taxes and interest ?

Await the response of experts.

What is the taxable value of gifts received from employer ( not subject to fbt ) ( for A.Y 09-10 ) exceeding Rs.5000 in the hands of employee ??
Is it the full value received or the amt exceeding Rs. 5000 ??

Hi,

I uploaded a file to share with everyone yesterday, but it showed a message something like "your file will be uploaded/shared after moderation" etc.

What does that mean?

will my file uploaded & shared or not? Within How much time?

Thanx in advance for reply

Can any kind of loss be set off with the income from winning from lotteries ??
If yes, plz quote section ...
Thanks ..

Hi,

I uploaded a file to share with everyone yesterday, but it showed a message something like "your file will be uploaded/shared after moderation" etc.

What does that mean?

will my file uploaded & shared or not? Within How much time?

Thanx in advance for reply

Sir, While reading the new amendment of TDS on Contractor (NIL if PAN provided), kindly advice me whether the Service Tax will remain same. Or Service Tax also amended

M.Sivakumar
Goa

hi we are two partners of a partnership firm in construction businees. for the year 2008-2009 we have made a profit of 15lacs. our deed prescribes a limit of 50,000/- per month salary. can we deduct Rs.10,00,000/- as salary for both the partners and deduct it in the profit while paying tax or else what would be the max amount of salary that we can deduct from profit. please let me know. asap

from which university -pgdfm course

free stock how can show in sale entry and show less stock position

suppose a service agreement has been executed between the holding and subsidiary comapny, the subsidiary company will use the office space, house keeping, furniture and fixtures of the holding company, both the companies have common directors. The paid up capital of the holding company is more than Rs. 1 cr, both are private limited company.

Whether section 297 will be attracted or not?

pls reply its urgent