can a person, having his spouse cancer, claim deduction under section 80dd?

what is disability. can benefit of both section 80dd and 80ddb be availed.
In current case assessee is employee in PGVCL and getting full reimbursement from employer so section 80ddb having no benefit in current case,

but is cancer covered in rule 11dd to get deduction u/s 80dd? because infact dependent is not able to generate income, so can it be called disable as per principle if the section?

R.SIR,
COULD ANYONE OF YOU GIVE A DETAILED EXPLANATION OF TAXATION OF INCOME FROM OPTION DERIVATIVES e.q.
(a) INCOME,
(b) TURNOVER,
(c) CONDITION FOR MAINTENANCE OF BOOKS OF A/C ETC.

FOR EXAMPLE:
DURING FY2010-11
TOTAL PURCHASE COST OF OPTIONS 19 LAKHS
" " SALE(SQ.OFF ONLY ) 20LAKHS
PROFIT = 1 LAKH

TOTAL OF NET LOSS 4 LAKH
""" "" GAINS 5 LAKHS
PROFIT(NET) = 1 LAKH

1. IS MAINTENECE OF BOOKS OF ACCOUNT ON TOTAL OF NET LOSS AND GAINS OR ON SALE (SQ.OFF AMT.)

2. SOME PERSON SAY THAT TURNOVER = Option Premium paid + Premium Received+
Profit in F&O + Loss in F&O

BUT IF A PERSON ONLY BUYS OPTION CONTRACT AND SQ.OFF IT AT PROFIT / LOSS THEN IS SQ.OFF AMOUNT IS EQUAL TO OPTION PREMIUM RECEIVED?( AS IN ABOVE EXAMPLE)
IF, YES THEN THE SAME CONTARCT PREMIUM IS ADDING TWO TIMES , FIRST AT BUY OF OPTION, SECOND AT SQ.OFF TIME
BUT I THINK IT MAY BE WRONG CONCEPT.
PLEASE EXPLAIN IN DETAIL
THANK YOU VERY MUCH
YOUR EFFORT IS HIGHLY APPRECIATED.

As Per latest Amendments in the Tds, Tax is required to be deducted at 20% if PAN is not provided by the deductee. while filling the return for Tds, one of the party haven't provided the PAN and was charged to TDS @ 20% but now we cannot file the TDS Return without their PAN.
what are the remedies for the above case?

Sir,

I have download ITR 1 and also fill the required details. then i click on the xml gernerate, but it does not work.

I Tried several times.


Is there any problem in my PC ?

I have filed ITR4 for a small gold retailer, who is having income from house property, income from business and agriculture income. I have prepared a consolidated personal profit and loss account and filed return for the ay 2009-10. Actually, i was computed three income heads separately. But, CPC assessed basing on Profit & Loss Account. How can I rectify this error.

I want to file IT return of A Y 2009-2010 and A Y 2010-2011
Can I file it?
If yes, Then Which code should I follow for showing my Filing Status?
Whether Code 12 Voluntary after due date for A Y 2009-2010? or Code 11 Voluntary before due date?
For AY 2009-2010 and AY 2010-2011 which code should I follow


can i file IT Return of A Y 2009-2010?

What is the due date for filling IT return voluntary of A Y 2009-2010?
Which code should I follow wile filling IT Return of AY 2009-2010?

Whether code 11 or 12?


Is there any penalty provision for delayed filing of return due to late filing and whether it is mandatory? If no then when any notice is for delayed filing then
what I have to do?

A person received Rs 500000 for surrendering his tenancy of a godown from the landlord. What will be the tax treatment of this amount received by him. If relevant sections are also quoted it will be of great help.

What is the basic concept of Deferred Tax Liability/Asset? How it is arrise?

Also can anyone forward problems and solutions on Dererred Tax Liability/Assets to understand the concept.

Dear sir/Madam,

What is the basic concept of Deferred Tax Liability/Asset? How it is arrise?

Also can anyone forward problems and solutions on Dererred Tax Liability/Assets to understand the concept.

Thanks,

Regards,
Shrishail

My email id: shrishail.umaranikar@rediffmail.com

Under Sec47A of IT Act, capital gain on transfer between Holding & subidiary which were exempt under Sec 47 would become taxable under certain circumstances and it is chargeable in the year of such occurrance.

The question is who is liable for tax payment - Transferor or Transferree?

If it is transferor (assuming- holding co)and such holding co was aquired by another company, who will be held liable?