Income Tax queries [35036]

All Resolved Open

Rose

13 July 2009 at 18:09

form 16

what is the form to be issued to the employees from whom no tds was deducted.

muthu

13 July 2009 at 18:02

Gapital gain 363000
Less: Expenses 36710
-------
326290
Less: Deduction 80-c 36860
-------
289430
income tax thereon 13943
edu 418
--------
tax payable 14361

above statement correct? any way reduce tax?

KAMAL PODDAR

13 July 2009 at 17:54

WEALTH TAX

PLEASE PROVIDE INPUT WHETHER LIABLE TO FILE WEALTH TAX RETURN

PROPRIETORS CAPITAL 25.00 LAKHS

OUT OF WHICH RS 4 LAKHS IN SB ACCOUNTS, RS. 3 LAKHS INVESTMENT IN CAR, 1 LAKH IN MUTUAL FUND, CASH IN HAND 1 LAKH, AND 16 LAKHS LOANS AND ADVANCES ON INTEREST.

PLEASE ADVICE IS MY FRIEND LIABLE TO PAY WEALTH TAX OR FILE RETURN

pratik

13 July 2009 at 17:48

PAN CARD

What does the Ten Digit Alphanumeric code on PAN Card depict ? For eg AABPS1205E.

KAMAL PODDAR

13 July 2009 at 17:47

ENTERTAINMENT EXPENSES

PLEASE DEFINE ENTERTAINMENT EXPENSES

Ankit

13 July 2009 at 17:46

TDS File Validation utility

I have filed TDS returns on varous softwares like Spectrum and Webtel. But please let me know the relevance of file validation utility with extension of .fvu file that is available on TIN NSDL site. Please let me know the entire usefulness of .fvu files.

CA Ashis Kumar Jain

13 July 2009 at 17:45

FBT

do have to pay fbt of Q2 ??

KAMAL PODDAR

13 July 2009 at 17:44

HOSPITALITY EXPENSES

PLEASE KINDLY LET ME KNOW WHAT TYPE OF EXPENSES ARE INCLUDED IN HOSPITALITY EXPENSES LIKE TEA ETC

Ganesh Sharma

13 July 2009 at 17:19

Deduction under Section 80C

One of our employee, who has taken loan to construct his home in Kerala, is asking to give deduction under Section 10D (Rent paid under HRA residence in Delhi) & on the other hand is asking for deduction under Income from House Property to compute Income Tax Liability. Can we consider both?