Dear Members,

I would like to know if a branch pays Interest on loan to its H.O. then is it liable to deduct Tax at Source?

I have been issued form 16A with TDS deducted from salary, but Deduction for Housing Loan. Principal amount & interest Amount not mentioned in form 16A.

Overall TDS not to be deducted have above deduction is consider.

Can i claim for refund by considereing above deduction in income tax return.

Please reply at ashoksharma@dcmengg.co.in

Thanks
Ashok

hi friends... I have a question.....

some one make his PAN in Kolkata & file his return from Kolkata till 2007-08. after that he has been transfarred to Delhi branch and salary processed from Delhi since 2008-09.

Now the question is
1. should ITR be filed from Delhi for 2008-09 onwards.

2. if yes then what is the procedure to change the address of PAN or something else has to be done

3. if ITR should be filed from Kolkata then the problem is we have not deduct any professional tax.

wat change hav come in vat rates after budget

I am a woman and my professional fees is Rs.15,000/- per month do I fall under tax deduction if yes then what percentage ?

Dear Sir,

In Current Budget , FBT cancelled . But Budget held in July 2009. But What about first qtr .) Apr 09 to June 09.

About Payment of FBT for 1 Qurter what should be do ??

Pls

Vijay

Fact :

The Assessee is in abroad.

1. He has not stayed in his own house and also not given his house for LET OUT.

2. He has bought the house property on loan.

3. Whether he is eligible to claim interest up to Rs.1.50 Lacs on the fact that he has not given his house for LET OUT.

4. Clarify with relevant provisions under the IT Act.

Thanks for the response.

whether benefit of indexation availed if current owner hold asset 4 less than 3 yr which was acquired by him u/s 49(1) & previous owner hold 4 more than 3 yr.?
i.e. prv. owner acquired land on 12-3-86 ,death of prv. owmer on 1-1-2006 and current owner got land as per will.he sold the land as on 1-1-2008 wht is capital gain?

i am a customer of one company and i had reffered some customers to the company by mouth publicity. company is paying me refferal incomee according to some formula
which has no relation to amount of prduct slae.They have point system and for every produc sale there are points and whereever there are 3 and 3 points at both wing we get 11500 rupees.for example copany send cheques this way.

Leftcustmer right custmer
group group rupees
3 3 11500
2 2 nil
3 300 11500
2 300 nil
3 1000 11500
2 800 nil
6 6 23500
1 400 nil
9 9 34500
9 2 nil
Can this income be termed as commission.if not what should be a proper word to descibe this type of income.
I am a customer of the cumpany and i recomended only 2 customers once in life time .then thes two brought 2 each in their turn.the process went on and today I have 2 direct and around 7000
indirct custmers in my chain can I be called commission agent here i make it clear that i am not involved in transactions of 7000 persons.

i need expert opinion as service tax department has asked us to register under service tax and pay service tax from 2004 to 2009 .
does such type of income comes under service tax.my first 2 refferences were in the year 2002 .

Three persons formed a Partnership Firm by contributing Rs.4,00,000/- each from their individual file. But on the date of Agreement, Firm have no any Bank A/c . Can a partnership firm Formed by contributing Capital in CASH ?
Thanking You.