Mr. Expert,
My client has sold his "Mahal" which was built approx.200 years ago for Rs.40 lack what will be the capital gain in the hand of a rular, and how to calculate.

Q.1 If employer is paying arrear salary, is he liable to provide relief u/s 89(1)
or employee should claim relief while submiting income tax return.
Q.2 Whether employer liable to deduct tds on arrears too. if yes
While deducting tds on arrears whether sec 89(1) should be taken in to account.

This is case of non providing of TDS certificate by principal for financial year 2005-06. In case any company is not providing TDS certificate where we have to approach and how we may approach. If this is electronically possible please tell me.

there is joint property in the name of husband & wife.they have contributed unequal amount in property but in registry there was not any specific share in property.
if they sell this property ,how capital gain will be calculated?
can it be in proportion to their fund invested in property?

i wnat details of following case law
please tell me form where i should get it

287itr360 mahivally resort vs Guj Hc court

Iwill be grateful if you could kindly help me with the following query:

1 Can an excess deposit of TDS by the deductor, of the TDS, on rent paid,be claimed as a refund from the Income Tax department.?
If possible, could I have the relevant section/ Circular

2 Can the payee (tenant) use two seperate financial years tds certificates for one years return, to show that the excess amount deposited in one (earlier) year,as shown in the TDS Certificate, of the earlier year,and not claimed by the tenant in his return of the earlier year as credit, has been adjusted against the short amount deposited in the subsequent year, and credit for which is being claimed by the tenant in the subsequent year.

3 What would be the position when TDS Certificates are not being enclosed with the Income Tax Return.

I will be grateful for your guidance at the earliest

Thanking you,

Vimal K Mehta
E.Mail: soneeru@vsnl.net

impact of FBT on interest on car loan. does it fall within the scope of "Repair & Maintanence"

mr.X, a partnership firm engaged in the business of rice mill. during the financial year it rented out its mill (owing to loss).whether the rent income will be Income from other source oR Income from PGBP"

telephone expenses other than expenses on leased telephone lines r considered as fringe benefit.....i want 2 knw wat r leased telephone lines??

plz reply on sjain314@yahoo.com

ONE OF MY CLIENT HAS DEDUCTED 9% T.D.S. ON INTEREST INSTEAD OF 10% ON INTEREST. IN THE TAX AUDIT REPORT WHETHER THIS EXPENDITURE IS DISALLOWABLE OR A COMMENT ON LOWER TAX DEDUCTION IS ENOUGH. I WANT CLARIFICATION WITH REGARD TO THIS

when TDS is made do we have to include the service tax collected and then calulate the TDS? else how should it be made?

From when has this rule come into effect?

Is this applicable for all sections of TDS? If not to which all sections?