DEAR SIR/MADAM

AN ASSESSEE IS PHYSICAL HANDICAPPED HE GOT NEARLY ANNUAL INCOME OF RS. 4,00,000 FROM THE SOURCES OF INTEREST AND RENTS AS PER IT ACT HE IS ELIGIBLE OF DEDUCTION CLAIM U/S 80U RS. 50000 AND MY MAIN DOUGHT IS HIS WIFE IS ALSO PHYSICAL HANDICAPPED I.E. (DEF & DUMB PERSON)AND SHE IS NOT AN ASSESSEE. HUSBAND IS FILE HIS RETURN OF INCOME CLAIM DEDUCTION UNDER BOTH SECTIONS I.E 80U & 80DD IT IS POSSIBLE IF POSSIBLE PLEASE TELL ANY CIRCULAR OR ANY RULE
1. F.Y. 2010-11 80DD IS INCREASED 1,00,000 IN THIS CASE WIFE IS TOTALLY DEF & DUMB PERSON. ASSESSEE IS BELOW 80% HE GOT A DEDUCTION ONLY 50,000
2. IF ONLY ON SECTION IS ALLOWABLE ASSESSEE IS CLAIM DEDUCTION ON HIS WIFE

THANKS IN ADVANCE

from 01.10.2009 tds on payments relating to road transport has been withdrawn
but i want few clarifications

1. in return do we have to give information about the transport payments below 20,000 also?

2. if the small goods carriage vehicle like mahindra champion is used and then payment is made for the same do we have to deduct tds or amended provision also cover them?

Plz reply fast.
Thanks in advance

Sir,
if after getting DIN, Directors have not filed DIN 2 with Company and further Company has not filed DIN 3 with RoC,
1. what if company files DIN 3 today?

2. Any penalty?

3. What will be beneficial for Pvt. Ltd. Co.: -
a. Taking back dated DIN 2 Forms from Directors and making it default in Company's Name or
b. Taking current dated DIN 2 and making it default in name of Directors?

4. Will DIN status have any effect on Annual Filing of previous three years Returns with RoC?

Thank you...

A company has been registered as service provider. They have not yet provided any service. For this month they are payinng services on behalf of foreign service providers just like service receiver paying service tax. They have input credit on some other expenses incurred. Can they deduct the input credit from the service tax payable amount?

Dear Friends..
Kindly advice for the query stated below asap…

A resident company has given advertisement contract to nonresident company in US. The nonresident company shall put up the advertisement on its site. Is the company while making payment supposed to deduct TDS? If yes at what rate and under what Article of DTAA between US & India shall be applicable.
The above shall not fall u/s 194 C as its for payments to resident…
If reference of sec 9 is taken then dilemma is that it shall fall under 9(1)(vi) or 9(1)(vii)(b)…

Reply awaited...

I wanted to know for Service Tax whether the Bank acknowledgement date is considered as "payment date" by the Payee or cheque realisation date is considered as the payment date.

Also is it the same with PF & ESI payments.

Thank you in advance.

I wanted to know whether Cash Discounts received from a Vendor is subject to Service Tax. Kindly also advice the relevant section.

Thank you in advance.

Hello,

My question is if a company gives its employees a non cash gift such as books, music CDs, flowers or cakes will it be considered a perquisite and be taxable? Further are non-cash incentives taxable?

thanks
Sandeep

A Senior Citizen Non-Resident Assessee earned Long Term Capital Gain income in India & has no other income hence how he will be taxed for the F. Y. 2008-09?? Does he eligible to get benefit of Unabosorbed Limit? Please explain with an Example.

Can Someone tell me that we can Take termination from our Principal or not