whether the following are allowed while computing the taxable income of the company :

1. Interest paid on late deposit of TDS

2. MCD Tax (i.e House Tax) paid for the premises which is being used for the purpose of carrying on the business ?

Thanks in Advance...

Dear experts,
i Am Purohit. i get salary from pooja 25k Monthly. but i didnt filled income tax return. in bank ask me please provide your IT returns .
i have on doubt . how much tax shall i pay ?
what ITR return i can file ?
How to certifiaction make by Ca?

Please resolve my query . because i have urgent need loan from bank .
For 2 lakh how much show income ?

Thanks alot in advance for all experts

If an assessee takes loan from friend or relative for buying house ,and if there is a valid agreement to repay int and loan amount ,can he claim deduction for Int on borrowed capital under Income from House property.Or only banks /financial institutions loan would be valid? Pls explan with reference to construction within 3 yrs from date of borrowing

This year I've submitted my first return and when i received a email from tax deptt, the attachement had 5 pages including the computation of income....does that mean i've to undergo assessment procedure......I only had income from other sources......i don't know what exactly this is....

Dear Experts,
There is an assessee( individual trader), whose gross profit in AY 2012-13 is coming to Rs. 45000/- as per accounts on the sales of 23 lacs. Despite that whether still he can opt section 44AD by declaring net profit Rs. 184000/- or not?

Please advise me.

If any person is e-filing his return and claiming deduction u/s 80DD, where to submit the certificate pertaining to 80DD as during e-filing no document could be sent alongwith.

Is IT refund taxsble or exempt income?
Where it is mentioned in IT act?

Dear Sir,
One of my Client has changed his CA and his former CA not telling the e filing password, I tried to reset password on PAN details, but new password sent on the e mail ID of that CA. Then I mailed on validate@incometax.gov.in, but no responce still after 15 hours.
What is the way to solve the problem.
Please advise me.

Our company is into trading of software goods.As per our advice of statutory auditors since the royalty definition has been amended, tds is applicable on all the software purchases from our vendors whether the service tax has been charged on it or not. Also, let us know the date from which the TDS is to be deducted on software purchases.

A RESIDENTIAL PROPERTY IN A JOINT NAME WHICH IS ACQUIRE BEFORE 1980.SAME IS SELL OUT IN THE YEAR 2006 THE GAIN ARISE FROM SELLING THE PROPERTY IS DISTRIBUTED TO TWO PERSON IN THE SAME PROPORTION. BOTH ARE PURCHASE ANOTHER RESIDENTIAL PROPERTY WITHIN TWO MONTHS FORM THE DATE OF SELLING. THE 1ST OWNER OF SELLOUT PROPERTY IS PURCHASE RESIDENTIAL PROPERTY IN THE NAME OF HIS WIFE AND 2ND OWNER OF SELLOUT PROPERTY PURCHASE RESIDENTIAL PROPERTY IN THE JOINT NAME WITH HIS TWO SON.

CAN IN BOTH THE CASE CAPITAL GAIN EXEMPTION AVAILABLE? UP TO WHAT AMOUNT?