DEAR SIR,
WE HAVE WINDOWS XP PACK 2 & DIGITAL SIGNATURE (recently renwed)WITH PFX FILE DULLY INSTLLED IN IE- TOOLS-CONTENT-CERTIFICATE

WHENEVER WE TRY TO UPLOAD 26Q, & PUT ID NUMBER & SUBMIT OUR DIGITAL SIGNATURE,IT SHOWS INVALID ID OR DIGITAL SIGNATURE
BUT AS PER OURS BOTH ARE VALID.

PL TELL US WHAT TO DO?

dear sir/madam, my name is kumaraswamy.matta.pursuing company secretary final.here my doubt is does company give any contributions to political parties? if company gives any contributions to political parties, how much it will give to political parties?as well as a private limited company will give any contribution to any political party then how much it will pay ? like wise if partnership firm,and proprietoryship firm will give pay to political parties then how much will pay? sir i have read in my tax laws if any individual or HUF give any contribution to any political party which that amount does not exceed 50,000/- rupees.and maintain account books as well as which a political party received amount the party should maintain records. above the statement is it right or not? statement which i have studied in (income which donot part form of total income) chapter under section 10 .would you please give very brief explination?

i hope that i may get a very brief explination..



Thanks And Regards

Kumara Swamy Matta

Can anyone can explain the error code T-FV-1041 in TDS Return. I had filled the return in RPU Version 3.1.

Details of Error Report is Shown Below

Line No: 1
Record Type: File Header
Statement Type: NA
Field Name: NA
Challan Details Record Number: -
Deductee/ Salary Detail No.: -
Error Code & Description: T-FV-1041 Import the challan file downloaded from TIN website under Challan Status Inquiry.

Welcome to all experts to join in discussion
I have a case about a an Investment (private limited )company
which maintaining books of account on mercantile basis.

But company records income on receipt basis from April to Feb and in the month of march a consolidate receivable from April to Feb is recorded and for month of march on receivable basis.
my question is that is this practice of following cash basis accounting for 11 month and in March remaining receivable on consolidate basis i.e.(receivable less received) and for only month of march on pure receivable basis is Correct ???

Means following cash basis accounting for 11 months and Accrual basis accounting in month of march is correct or it will be treated as hybrid system.
Is there any clarification from ICAI or Department for following accrual basis accounting through out the year?

Pls join in discussion

An assessee was gifted property from her mother. The gift deed was registered and the property was also registered in her name. Now while selling the property can she claim deduction for the expenses on registration of gift deed and registering the property in her name. Pls help with examples/ sectoions/ case laws.Thanks

Dear Friends

Suppose i have received Rs 2 crore in my marriage but half the amount received is in my bro's account and some amount in my papa's account and the remaining amount in my account.
Now i am confused that in whose return the amount of gift is exempt. Since the same amount is shown in my account as well as in my bro's and my papa's account.

Plz reply as soon as possible.
Thanks...!!!!

respected sir/ madam,

we are a charitable trust and a one new thing is came in our institute that security service provider and any other service provider to our institute they should not levy service tax in their bills which they issue to us because education sector is in negative list as per service tax dept.

is this right or not.

I have three questions. First can a wife claim exemption if the tution fees of child is paid from husband account? If No, then can she claim exemption if the account is joint but her salary did not come to this account? If answer to any of these questions is yes then the third question is if the fees paid is Rs.2 Lac and a single receipt is given by the Institution, then can both husband and wife separately claim Rs.1 Lac exemption. Any other guidance is also welcome. Thanks to all who are going to share their time and knowledge.

Can an Individual Give his Mami ( Mother's Brother's Wife) a Gift?
Will it be allowable expense while calculating taxable income of the said individual?

I have come across a situation- One person, say A, is NRI. He paid by cheques from NRI bank account to builder directly ( say cross cheque paid to JKL Constructions ) for buying property for his Indian brother, say B and his mother. Proper Gift deed is signed on plain paper with 2 witnesses-relatives. The registration of property is done on the name of B and mother. Now who is legal owner of this property – A or B? pl reply with justifications/relevant laws/sections..thanks in advance in anticipation..