VISHAL SHAH
27 May 2011 at 23:08

TDS on Gold received on rent

my client is dealer in gold and has taken gold of 1 Kg on rent and yearly payment payable is Rs. 240000/-.
whether i required to deduct the TDS on payment of Rs 240000/-?
and under which section TDS is deductible?

Answer now

prahlad tanwani
26 May 2011 at 23:33

itr4 for AY 2011-12

what is the difference between ITR4 2010 and now ITR4 2011 in respect of filling up TDS schedule 2 .can now we enter total of all entries (in one 16A) in a single row for a deductor while date wise entries are not required.
if I am having 10 entries in a tds certificate 16A provided by a deductor. Now should I enter these 10 entries separately in 10 rows or its total in one row although now there is no need to make entry date wise. please make it clear urgently because I am going to submit ITR 4 online. thank you.

Answer now

CA Archana Dhamecha
26 May 2011 at 13:07

Online rectification

Is any one filling online rectification under income tax website?

Are you getting any response from the department regarding that?

Department had issued me intimation U/s 143(1) & accordingly I have paid the demand but they issued revised intimation (New intimation contains the word "Revised") with the same amount of demand.

facing alots of problem regarding these matters


Can any one help me out?

Answer now


Anonymous
25 May 2011 at 19:33

Accrued Interst & LTCG

Dear Sir
I have 2 queries

a. I have been gifted 1 COMMERCIAL property by my father by way of a excecuted gift deed. The property was constructed in 1961.My question is 1. what would be the capital gain if I sell the property today for Rs. 50 lakhs? 2. Can the net proceeds of net gain be invested in REC bonds to save LTCG? 3. Can i purchase a residential house against the sale of this commercial property and save tax? 4. What other options do i have to save on Tax?

b. I had invested in Company FD last year. Do I have take the accrued interst in my computation or can I take the entire gain in the year of the redemption of the investment and pay LTCG on it?

Thanks and Regards

Mehul K.

Answer now

ashok kumar
25 May 2011 at 17:39

Income tax Details For 2011-2012

Can any one provide me details for income tax 2011-2012,from where i can get total details for 2011-2012

Answer now


Anonymous
25 May 2011 at 12:32

gift from mother in law

i have received a gift from my mother in law for Rs. 50000. where to write the same in itr4 and under which section the exemption has to be claimed in itr4.
thanx in advance

Answer now

Rajesh K
24 May 2011 at 17:39

LTA

Hi,
Can anyone brief me abount the LTA exemption procedures. Is there any limits applicable for LTA ?
Thanks in advance

Answer now

Akshay Malpani

Our client is a company mainly based in Israel. But now they have incorporated a company in India. They have purchased one office in India. Employees of Israel based company will do interior work of that office. Salry is paid by Israel based company. So my question is, whether expenses incurred for those employees of Israel based company, such as rent, meal etc. will be allowed as expenditure?? Or do we need to capitalize the same to cost of Office.??

Answer now


Anonymous

Hello !
u/s 50c full value of consideration is taken as value adopted by thestamp duty authouity of state govt for the purpose of stamp duty payment.
Here Assesee has an option to to challenge the valuation adopted as he may think tht its higher thn fair market value.
My q isif transfer takes plac n wer asessee has already sold d land thn whthr this right of challenging is available to him b4 filling ITR ?

Answer now

JAY THAKKAR
23 May 2011 at 18:15

Business Conduct Agreement

Can anyone please tell me the, What is business conduct Agreement in detail, & Provision of Business Conduct agreement as per Income Tax Act.

Answer now





CCI Pro

Follow us
add to google news


Answer Query

Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details
Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 29 June 2026
Article Assistant

Alvino Consultancy LLP

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 24 June 2026
CA Article Trainee

Rahul Dang & Associates

Pune

CA Inter

View Details
Company
29 June 2026
ACCOUNTANT

SANDEEP AASHISH & CO

Araria

B.Com

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
22 June 2026
Accountant

Global Image Technologies Private Limited

New Delhi

MBA

View Details