a govt compnay is acting as implementing agency 4 govt in an infrastructure proj of govt.the co: has acquired land,constructed buildins nd other ativities in proj area.howevr it has kept the accounts of infrastructure project seperately and its unaudited for past 15 yrs.
nw it has sold tis proj land to a joint venture co: under a g.o.tis govt co: has 26% shareholding in joint venture co as per tis g.o.the lease premium is adjusted against tis shares and tds dedcuted wit govt co: PAN.
the lease premium cums 2 6.5 crores.nw govt co: dus not want 2 show tis incum in books due to tax prob.suggest a solution since shares r issued in the name of tis govt co:both the investment and incum needs to be off-financial statements

Sir/mam,
plz tell me about provisions related to interest on FDs and RDs. What is the provision in direct tax code for maturity amount of short term and long term FDs and RDs......

company have not deducted tds on nbfc in last 2 year. now i want to deduct and give effect in a/c as well as taxation. what is the remedy/

My client give the donation of RS. 1,00,000.00 for religion purpose(not for renovation and repair). whether full amount is eligible for exemption u/s 80-G.

Sir,
One Individual has transferred one agricultural land into Non agricultural land for Industrial purpose and divided into 11 plots and then some of plots sold to others.

can individual get benefit by purchasing another agricultural land because above land is converted for Industrial purpose plots ?

if above land is within and not within the municipality limits what is tax consequances?

what can be tax planning of above.
and if we have to do above transaction now what can be tax planning.

Humble Thanks for solutions

Land is in wife name & husband construct house from loan.Whether husband is eligible for Income tax benefit on loan taken ?

DEAR SIR,

AGRICULTURE INCOME, EDUCATIONAL INSTITUTIONS INCOME & HOTEL INCOMEE ARE EXEMPT FROM TAX OR NOT?

If my client paid freight of rs less than 35000 in the year to a particular truck owner who do not hv PAN, is there any TDS liability arises on my client.. or if that truck owner hvg only one truck then what happen ?

SIR PLEASE SOLUTIFY THE GIVEN PROBLRM :
Mr. A (resident) has the following incomes:
Under PGBP = 150000.00
STCG on equity shares (liable to STT) = 15000.00
LTCG = 25000.00
Total income = 150000+15000+25000 = 190000
BEL = 160000.00
Calculate the tax payable by him.

I give an interest free loan to my wife of 1 lac. She uses it to trade in shares (futures & options) and generates income of 10k p.m. 1. Will this income be clubbed with my income?
2. If I charge interest on loan, can I avoid clubbing of income?

Please advise.