Is that the TDS provisions will also be applicable to Director's Remuneration in case of an Indian Pvt Ltd co.? If so at what rate? In which head of income will it be taxed in the hands of Director - Whether Salary or Business Head? Whether the payment is covered by Sec.40 A (2) and 40 A (3) of Income Tax Act?

Hello Experts,

My ques. is that whether new grounds of appeal can be entertained by the ITAT when appeal is made by ITO against the order of Commissioner(A)? Is it necessary that the grounds of appeal should remain same as it was at the time of appeal to comm.(A)???

Dear Sir,


Please distinguish between Dearness Allowance and Dearness Pay with reference to Income TaxAct, 1961.


Thanks & Regards

What is the proces of Registering H.U.F. and what are its benefits from Tax point of view ?

Respected Sir
I have one query about claiming deduction of repayment of interest for loan taken for higher education.
One of my client taken loan for higher education in ABROD (US) for Post Graduate degree in Engineering.
Can deduction u/s. 80E is available for Foreign Institution?

wht r the rates applcble for computation of tax on salary n other heads plz help i m confused with supplementary whr it is gven tht different slab rates for salary n adv tx n previous slabs for other heads

Sir,
Im filing ITR-5 of a partnership firm..

In the efiling form were shall i claim deductions under section 40..which is for salary paid to partners and interst paid to them...

Somebody has filed his/her e-return and gave its e-return acknowledgement no. to my boss...

My boss forgot about it and now he wants me to find the assessee's name and PAN with the help of that acknowledgement number...

I tried a lot but unable to find it. Can anybody please help me?

Hello!!!!!!!

Can assessment u/s. 143(3) and reassessment u/s. 147 be carried out simultaneously???

Or is it necessary for reassessment u/s. 147, assessment u/s. 143(3) must be completed????

The A/O made an addition U/s 50c of income tax Act. amounting to rs. 35 Lakh

on the basis of circle rate as on 3rd april rs. 4400000.00 while circle rates as on 31st march was rs 2200000.00.