Suppose i have 2 building under income tax block (ignore depreciation) whose details are as follows :-

closg bal as 31/03/2007 - RS100/-

Revaluation made on 31/03/2007 Rs- 50/-

one building sold on 10/04/2008 -RS.50/-


What will be my closg bal as on 31/03/2007 , 31/03/2008 and 31/03/2009 under income tax act?

Will i have to pay capital gain tax on sale of building in above case?

Whether the revaluation amount is to be considered while calculating capital gain?

Please let me know which Section of Income Tax Act says - expenditure is not allowed in the year of payment in case TDS not deducted during that year?


Are there any exception to the rule?

what are the rates of surcharge u/s 194c 194i, 194j for the F.Y.2007-2008

a branch office of a company could not deducted tds during 06-07 under section 194c 194j this point comes under notice during audit in april 08 . what remidy is available under rule

Is stipend received from a ca firm by an article is exempt or not

Please send me the ammendment made in F.B.T. in P.Y. 2007-2008 i.e. A.Y. 2008-2009 and also send the F.B.T. Calculator for the same which is workable. I need the rply urgently.

please tell me the last date for TDS returns for Quarter ending on 31.3.2008


we have not paid the TDS amount with in time, upto how maney days/months we can pay with interest (i mean when the expenditure is disallowed)


thanks & regards
Balu

Whether TDS has to be deducted on professional fees including Travelling expense?

I have taken office on rental basis in which I will be conducting the renovation and expenses incurrent are as under. Please let me know which should be considered as revenue expenditure and which to be capital expenditure.

· New flooring expenses 50000/-
· Furniture expenses 100000/-
· Color expenses 25000/-

If they are considered as capital expenditure the under which head the from which date depreciation (As per companies act) should be calculated as expenses are incurred at various date till the office is finalized

PLEASE SUGGEST ME POCEDURE OF FORMATION OF HUF