if employer givng fixed reimbursment Expences allowance is it taxable to employee while calculating tax liability

Wht is professinal tax & when it applicable?

Mr A has borrowed money from bank for acquisation of House which remain vacant during the PY 2008-09.
Mr A lives in his father's house registered in the name of his mother in the same city.
Whether
A can claim for interest paid during the PY
Is there is any change if He has acquired plot for constructon of house.

what is the basis for charging depreciation under IT?

If one unit of company is totally closed or shut down can v claim depreciation under IT?

supose last year v didnt claim can v claim this year

Dear Sir,
Please tell whether following expenses/items are allowed while calculating tax on income:-
1.Demand of ESI
2.Interest on Delay of TDS

Whether Interest u/s 234b & c is payable on Mat Also
Regards

if i am purchasing raw materials and then selling it to a party charging a trading profit on the same. now when i am purchasing i am paying excise duty and vat. what will be the consequences when i sell it to a customer.is excise duty to be charged on trading profit.can excise benefit be passed onto the customer.

As per section 2(22) (e) of the Income Tax Act, any loan or advance given by a company to a shareholder holding not less than 10% voting power shall be deemed dividend to the extent of accumulated profit.
our querry is whether a shareholder shall be holding 10% voting power as on date of disbursement of loan or at any time during the previous year

sirs ,
can we debit only remuneration , & not interest on capital , Is there any compulsion u/s 40(b) to provide for interest on capital to partners capital account , since in our case , if we debit interest on capital , partners capital will be overdrawn .....so can we ignore interest on capital on partners capital ...????

Summary of question is as under ------

a)Taxable income under normal provision is Rs 9655190.

b)Book Profit is Rs. 22976855.

c) Mat credit available u/s 115JAA is Rs. 3950193.

d) TDS amounted to Rs. 337238.

e) Advansed Tax Deposited Rs. 15Lac.

What will Tax liability of company?

if i have filed my return after due date then can i revised my return if no what is the section as AOP