Income Tax queries [Resolved] [35901]

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Sindhu

This Query has 1 replies

12 July 2007 at 09:36

Advance Tax

when a person has sold his listed shares and it is a short term capital gain, has sold the same shares in the last quarter, has not made the payment of tax completely.. so will he be liable to pay advance tax.. would like to get some illustrations as it is not convincing to pay advance tax for capital gains, lottery income etc. waiting for a response from your side at your earliest

NANDAKISHORE

This Query has 2 replies

12 July 2007 at 06:19

VAT on Electrcal Contract

Can VAT attract on Electrical contractor ?who doing electrical works on contract based.

NandaKISHORE

Late CA Sampat Jain

This Query has 3 replies

12 July 2007 at 06:03

Service tax on rent

In case of a landlord , not providing any other service , whether rent upto 8 lac will be exempted from service tax in the first year starting from 1-06-07 . Particularly when his taxable service in the last year was nil . The rent in last year was also more than Rs 8 lac , but was not taxable.Will this make a difference.

Mrs.N. Alamelu

This Query has 4 replies

12 July 2007 at 04:08

Bank interest

Interest on savings bank account and RD Account - whether taxable. Is there any exemption limit.

Naresh Kansala

This Query has 1 replies

12 July 2007 at 04:07

house loan & HRA

R/s
if an employee get hra
and simtnly take houseing loan; his spouse & childrens r stayng at house which he take on houseing loan but he himself stay on rented house in other city.
then is he able to exemption for both hra & houseing loan or only for one out of these two & on wht basices

2. if only his dependent parents stay in house than wht is tax benifits

Naresh Kansala

This Query has 3 replies

12 July 2007 at 03:50

help please

R/s
if some one work in company & his imployer give him salary and at end of the year he give him form 16A and mention nature of payment as fees.

then under which head it is covered.
1 salary
2 other source
3 professional income