banner_ad


Anonymous

Requested to please me the full order of of ITAT Mum in case of Hindustan Oil Exploration Co ltd9 ITAT Appeal No:179/Mum/2007.

Answer now

ThakurAnshdeepSingh
30 December 2014 at 19:25

Transfer of money from abroad.

Hello Sir/Madam,I would like to know if a relative cover under the definition sends money from abroad directly in a bank. Then is it taxable or tax free and what proof do I need to have.P.S. I couldn't find a way to edit the previous query so I posted a new one.

Answer now

seeta
29 December 2014 at 15:16

Scrutiny (income tax)

Mr A (Prop)under audit case

His case come under scrutiny for the FY 2012-13.

In which officer has disallowed HRA given to employee.

disallowed the exp to the extend 180000.00 and charge income tax.

Sir my question is:

(i) employee has file return as per hra given what will happen?

(ii) know tds is also applicalbe.

(iii) clearly explain from the point of view of employer and employee on urgnet basis

Answer now

Jaspreet Manaktala

Income of minor child suffering from specified disabilities (under section 80U of the Act), income from any manual work and any activity involving application of minor�s skill, talent, specialized knowledge and experience are not subject to the clubbing provisions. Such income is taxed in the hands of the minor, who then gets the benefit of basic exemption of Rs. 2.5 lakhs. My Question is : - In such case, Can he/she claim all other deductions under Chapter VIA viz 80C, 80D, 80U, 80G.

Answer now

Bhavdip
27 December 2014 at 10:39

Claim home loan interest as deduction

A property is on wife's name and home loan is on husband's name who can avail deduction u/s.24(b) and u/s.80c?

Answer now


Anonymous

As I do self study that's why some points I can't get easily one of which is below, What is deemed dividend. what's exzet Difference dividend & deemed dividend.

Answer now

Bhargav Thakkar

Dear Sir/M'am,

Importer of Raw material makes payment of Import amount(L/C) plus Interest on such amount to foreign bank.

1) Whether TDS to be deducted on Interest amount?

2) And Whether 15CA/CB requires at the time of payment to Foreign bank?

Please reply as earliest as possible.

Answer now


Anonymous
26 December 2014 at 16:18

Tds refund for excess deposit

My client has deposited TDS twice for the year 2012-13 and 2013-14 when actually it was to be deposited for one year only. Subsequently, after several follow up with the department, no refund was issued till date. Form 26B is not available online and therefore it cannot be used on TDSCPC(traces). Also, ward AO doesn't have power to release refund. Please help.

Answer now

RUPESH R.H.
26 December 2014 at 12:13

Filling of itr 4 (business income)

Dear Sir,
The Assessee has business income and he has taken TDS (form 16A) from his clients (A.Y.2013-14). He has filed ITR 4 up to F.Y.2011-12.
Sir please let me know the following query.
He didn't file the ITR4 for the F.Y.2012-13 till the date. As per the bank book he has total credit income for the F.Y.12-13 is Rs.5.5 lacs and net taxable income is Rs.3.90 lacs approx.
Sir further he has taken TDS certificate of Rs.11,300/- from his clients
sir, please let me know can he file his return now ? if yes how to calculate interest and penalty on taxable income.
Sir he has not maintained any books of account. Let me know should he upload his balance sheet and profit and loss account.
Sir please let me know the documents which should be uploaded with his return (ITR 4).
Thanks in Advance!!!!!!
RUPESH

Answer now


Anonymous

Dear Sir/Madam,

One of my client purchase a car for his employee against its Flexi fund(as per their internal policy)

So car is booked in the books of companies account as purchased on the name of company. and employee enjoys the car for its personal use.

so in that case, expenses related to car is reimbursed by the company e.g petrol expenses and insurance is also reimbursed.

So insurance and petrol expenses are perquisites?
and is it liable to tax in hands of employee if it is perquisite.?

Answer now





CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query

Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details