According to IT act, what is Hindu undivided family?
9 Replies
Dmohansrj
(Accounts Executive)
(82 Points)
Replied 07 March 2009
I have purchased some shares on march 25 2007. i have sold it on sept 5th 2008. Please tell me i have to show in incometax which financial year either in 2007-2008 or 2008-2009?
Dmohansrj
(Accounts Executive)
(82 Points)
Replied 07 March 2009
Where can i get updated tds deductions at source list?
Dmohansrj
(Accounts Executive)
(82 Points)
Replied 07 March 2009
I have done trading & lossed 20,000 including of all charges. How can i show in capital gains as loss. Which amount to show ie ( inclusive of stt & other charges or exclusive of stt) Please give clear details.
Dmohansrj
(Accounts Executive)
(82 Points)
Replied 07 March 2009
According to IT , what is AOP & BOI?
Dmohansrj
(Accounts Executive)
(82 Points)
Replied 07 March 2009
IT says exemption for amount paid on interest for loan for payment of fees for wifes & children education? Is it applies to personal loan from any person or only from bank
Pratik K
(Student)
(3406 Points)
Replied 07 March 2009
its applied to only recocnised loan taken from the schedule banks
CA Sakshi
(CA Practice)
(309 Points)
Replied 07 March 2009
| Originally posted by :Dmohansrj | ||
| " | Where can i get updated tds deductions at source list? | " |
Search in www.taxmann.com or at www.nsdl.com . I think you might get it in any one of these sites.
CA Sakshi
(CA Practice)
(309 Points)
Replied 07 March 2009
| Originally posted by :Dmohansrj | ||
| " | IT says exemption for amount paid on interest for loan for payment of fees for wifes & children education? Is it applies to personal loan from any person or only from bank | " |
As per section 80E of IT Act, educational loan interest paid to financial institutions / banks are eligible for deduction. Refer the section.
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