Nithya.P
10 January 2008 at 14:16

TDS short deduction Query

hi,

Is there any time limit to File revised TDS return.

when short deduction of TDS of one quarter is identified and remitted in the next quarter with interest.
then how the same should be shown in the return as revised return or in the current quarter return.



Amitav Lohariwal
10 January 2008 at 12:38

HRA/80C/Interest on Housing Loan

One of my friend is employed in a company in Bangalore and receives HRA from the company, He resides in a rented house and also he has purchased a residential flat in the same city but does not resides there and the property is vaccant, my question is whether he is eligible to get deduction of HRA u/s 10 (13A)and at the same time deduction u/s 80C. Whether the interest paid on housing loan is eligible for deduction u/s 24 as the property is being a self occupied one. please suggest


CA Sanat Pyne
10 January 2008 at 09:51

Remittence of salary of nri

my client is NRI he wants to remit salary from US which is taxable in US.Please tell me what is the proceedure for remitting these income to india


CA Anil Jain
09 January 2008 at 18:49

Work contract tax

What is the implicability of Work contract tax.


devesh
09 January 2008 at 17:07

late payment of tds

Hi i have one question which is as under

is there any tax hint in income tax for not disallowance of expense evenif there is default in payment of tds for the month of march 2005.


Valerian Dsouza

We are Freight Forwarding Agents for a Netherlands based Principals.

We are canvassing business to our principals on commission. Our Clients are Importers from Netherlands who are patronising our principals for Air lifting goods to India.

Our Principals are raising Air Freight bill on us for & on behalf of our Clients. We are retaining our commission on freight and are remitting balance payment to principals directly in Euro's without deducting TDS.
Are we right as per IT Act for not deducting TDS ?

May I request you to guide me please ?

Regards,

V.P. D'Souza,
Accounts Manager


DHANINDRA
09 January 2008 at 16:20

FORMATION OF HUF

Can a HUF be formed by husband, wife and female by way of Gift. If there is any legal problem. Please prvide any case law if possible.
Thanks


yogesh durgapal
09 January 2008 at 16:13

Home loan taken in wife name

Wether home loan taken in the wife will be eligble for deduction for computing salary income of the assesse


Lata rao
09 January 2008 at 14:03

Tax Exemptions for Company Directors

Would request you to let me know what are the Tax exemptions does the directions in a company have?





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