hello

I would like to know whether donation to a non profit charitable eductaional institution is exempted from indian income tax ? if so under what provison. Any condition or procedure to claim tax exemption ?

regards

can you give any legal reference where it is mentioned that Sec 35(1)(ii) deduction is available to assessee carrying business or profession

When a firm created at will is dissolved by mutual agreement between the partners, will the distribution of capital assets to the partners by the firm constitute a transfer consequently levying capital gains tax on the transaction?

Dear All

Please advise if we paid directly to Two or three models for an event and he generate a bill about 60000/- with pan no. mentioned on it. then guide me about the TDS Applicability on this with circular..

Thanks

Can a company which has operations in India gain any tax benefit if it is headquartered in another country, say Mauritius? Will there be differences in tax compared to the same type of company incorporated in India?

Hi,
I want to know, how much amount of house rent allowance Per month can an employee pay ? If his basic salary 10000 per month & received House rent allowance Rs 4500 by Employer. What is the HRA limit which an employee can pay.

Hi,

During FY 2014-15 , I have Net Loss of INR 65000/- approx from F & O transactions.

My turnover during the period is around 4 lakhs.

Whether maintaining books & audit of same will be required for claiming & carry forward of F & o Loss

Thanks...

Sir,

One of my client have a rice co. & in a day it pay consolidate freight in excess of Rs. 35000.00 for different trucks having different Gr's. but single PAN i.e of truck owner. Drivers doesn't have their individual PAN.

Now plz clarify me whether that limit of Rs. 35000.00 is for single PAN or for individual trucks.

e.g freight paid to 1 truck driver is Rs. 20000 & another truck driver is Rs. 18000 but both have a single PAN.

company can save capital gain tax on sale of company office or not ?
if yes then how?

Dear Experts,

Is there any other method to compute Income other than section 44AB and 44AD of IT ACT???