Dear Sir/Mam

I need calculator which will calculate interest of fixed deposit fetch during financial year .

example

10,000 deposit on 10.5.2011 for 5 year @ 10% compounded qlty.

interest fetch during
10.5.2011-31.03.2011
01.4.2012-31.03.2013
01.4.2013-31.03.2014
01.4.2014-31.03.2015
01.4.2015-31.03.2016
01.4.2016-10.05.2016

Above is just example but i need calculator for any universal problem like above fd.

Thanks in advance

What is the limit u/s 80D for contribution towards parents health insurance policy who is senior citizen(65 years)

Could any body suggest with immediate effect.

Thanks & regards

can anyone tell me whether donation given by director of the company is deductible under income tax ?

sir,
IT DEPTT.DISALLOW COMMISION PAID BY ME TO MY DELARS.& TOLD TO DEPOSIT THAT AMMOUNT. NOW I FILED APPEAL AGAINST DISALLOW TO CIT WITHIN ONE MONTH & COPY GIVEN TO IT OFFICE. BUT NOW IT DEPTT FORCING ME TO DEPOSIT THE DISWALLOW AMMOUNT.SUGGEST ME WHWT TO DO,OR IS IT POSSIBLE TO DEPOSIT AFTER THE APPEAL RESULT.
ANIL DHAWAN

Hi,

I need a CA to help me with tax declaration/filing/savings for the following types of income:

[1] Income from salary
[2] Income from sale of Restricted Stock Units (US based)
[3] Income from other sources (part time business)

I need a CA who can help me in Bangalore.
Please let me know the annual fees as well.

Thanks,
-HB

A DIRECTOR OF A COMPANY TOOK LOAN ON HIS FLAT IN HIS NAME AND INFUSED THE FUNDS IN COMPANY.HE ADJUSTED THE INTEREST ON ABOVE LOAN TAKEN AGAINST HIS INTEREST INCOME ON FDRS.
HE TOOK THE LOAN IN HIS NAME TO SAVE THE INTEREST OF COMPANY AS HE GOT THE LOAN AT CHEAPER RATE IN HIS NAME.
IS THIS DEDUCTION OF INTEREST IS PERMISSIBLE U/S 57 OF INCOME TAX ?
PLS SUGGEST WITH CASE LAW IF ANY.
THANKS

Hello Sir/Madam,


I own only one house property which is also self occupied .I am vary much confuse that if i sale one self occupied house property than whatever capital gain arise from sale of house property is chargeble to capiral gain?

Thank you Sir/Madam.

1. Profits from Intraday Share trading.
2. Profits from Futures & Option.

Above both are settled without any deliveries

Please provide me the supportings also.

As per Rule26A.

The assessee "MAY" furnish Salaries due or received by him from the other employer to curreent employer.......


Question is,
whether is it necessary to furnish previous employer's salary to current employer for TDS purpose,

if not,

then will it be any non-compliance if employee has submitted last drawn salary slip at the time of his joining & we are not deducting tax on his prevoius salary becoz he has not submitted Form 12B?????

Dear Experts

A proprietorship concern (TRADING FIRM) has taken mortgage loan 80 Lacs @ 12.75 % from a Pvt. Financing Company (RELIANCE)& out of 80 Lacs, Rs 50 Lacs being lend to other Proprietorship firm (MANUF. FIRM) in which his wife is prop.. The said amount is shown in books as "advance against purchase".

The said amount is actually used by other firm for purchasing P&M to enhance the prodn. capacity.

The amount of advance shown being reduced by showing sales & no interest being provided on it.

My Query regarding the matter is:
1. does showing Rs 50 Lacs as advance
against purchase if proper? If not
how it is to be shown?

2. does not providing any interest on 50
Lacs is proper? If not suggest the
correct treatment.

3. does there any income tax implication
in the matter?

4. does the loan taking firm need to
deduct T.D.S on intt. being paid to the
company from which loan taken. Since
the lending Company is a PVT. FIN.
COMPANY (RELIANCE)?

Please suggest & solve the query. Earliest reply is thankful.