I have received an intimation[143(1)] from CPC , i have paid my tax, but itwas not credited in the intimation.. what should i do to give a reply to CPC.

Dear Sir,

I have to submit an etds correction statement for PAN Number updation.

Since my system got crashed and i don't have the regular fvu statement with which i have made quarterly filing, how can i make the correction statement.
can i download the uploaded file from the nsdl site.

please some one help me to file the correction statement.

Whether following payments are eligible for deduction under the head salaries

1.Medical Bill paid on behalf of dependant father(Senior Citizen) Amount incurred is Rs.75000/-

2.Family health insurance policy Rs.8000/- (80D)

2.Insurance premium paid on behalf of spouse, Insurance receipt in name of spouse only

please advise

I HAVE AUDITED A TRUST WHOSE GROSS RECEIPTS IS MORE THAN Rs. 70 LACS. SO I HAVE TO GIVE TAX AUDIT REPORT. SHOULD I GIVE 3CA OR 3CB ALONG WITH 3CD? IT IS NOT REGISTERED U/S 12 A. SO IS IT NECESSRY TO GIVE REPORT 10B?

As per leave & licence agreement the licensee agrees to pay the licensor a license fees Rs. 1,00,000/- per month pluse service tax thereon, plus out going charges Rs. 30,000/- per month, for premises taken on Rent.


PLease let me know whether TDS is applicable on out going charges?

Dear Experts

can u plz clarify me whether the filing of Return is must either
the "gross total income" exceeds the exemption limit or "Total income" (ie., gross total income after deducting eligible deductions).

Thanks in advance

A company has a Car on which 15% depreciation as per Income tax is charged. It also has a machinery in which it charges depreciation @ 15%.
As per Income tax act Car & Machinery, both are covered under main asset head of PLANT & MACHINERY.
So Whether both car & machinery will have to be merged togather for income tax depreciation purpose?
What will happen if the company sells off the Car?

whether the goodwill brought in by newly inducted partner, with drawn by existing partners is taxable.....

Dear Experts,
Please consider the following situation:
ABC (p) Ltd having two Shareholders and who are also Directors. Abc (p) Ltd acquired the 100% shares in the XYZ Public limited company , and take over of the management & control and make it as a 100% subsidiary company on 9/9/1998.
0n 23/3/2011, ABC (p) Ltd willing to transfer all the investment i.e, 100% holding of shares in XYZ public limited company, to the two Directors(Shareholders). Further, ABC (p) Ltd, Proposing to sell a Land which is a only Asset of XYZ Public limited for a substantial consideration, since the Land was acquired long years back.
Query:
1. Whether, ABC (p) Ltd can transfer their shares in the name of two Directors(Shareholders), is it possible? If yes, Please brief according to companies Act? If No, Please explain, why it is?
2. If yes, What are the tax consequences in the hands of AbC (p) Ltd, two Directors, XYZ public limited company?
3. If yes, What are the steps for tax planning for transfer of Land by ABC (P ) Ltd?
4. Any other alternative suggestion you may give?

Please tell me for deduction under section 80C in this particular case

A has purchased a house property from B. A has paid stamp duty charges of Rs. 80,000. But on stamp duty receipt of Rs. 80000/- payment has been received from B. Whether A is eligible for Rs. 80,000/- stamp duty payment(but receipt is in favour of B) in year of purchase under 80C. if not, then 80C describes which stamp duty charges