is the any donation is made for the trust for the rehabilitation of physically handicapped person is eligible for the 100% deduction for the donor under the section 80G?
Hi friends plz help me......
I joined a Construction company on 4th feb'2010.
When i joined there i came to know there was so much tds miscalculation ........
we were making payment for security guards Rs.7500/- p.m & tds u/s 194C should be deducted. so i calculated the tds for whole year & deposited it before 31st march 2010. now problem is i forgot to deposit interest on the above tds before 31st march 2010. can any1 plz help me & advice wat should i do now for that interest? is there any remidy or way ......
The assessee is a specified employee i.e director of a company..Basic salary is 4,20,000rs.P.A.(35000rs a month) Please computer Income tax in such a way that tax liability is nil..No other income under any other head..I have taken 1,20,000 deduction under 80c,cc,ccd, and HRA, as deduction..still getting tax liability of around 3500/-...what other perqusite/allowance/deduction can be made to bring tax liablity nil?
Answer nowHi,
we have filled etds return for Q3 of 08-09, but its status is as "rejected" now, we find out that some other company has filled their e-tds return by mistake on our TAN no., I have checked with NSDL as well our assessing officer, but they are not able to help me, can you please guide me with the solution.
Nazir
Wef 01-04-2010, Higher TDS @ 20% becomes applicable in the event the deductee is unable to provide PAN.
Whether this revised provision is even applicable to Non-residents, as in most cases they do not hold an Indian PAN number and who would be having just one-off transaction with the Indian parties.
Dear sir,
My client is a private company & wants to apply for getting a certificate to deduct tds at a lower rate.
What is the procedure for the same like which form to filled & whom to apply & what documents to annexed with the application. It is urgent.
Thanks in advance
Hi everyone
If a X pvt. ltd. takes an unsecured loan [without interest]from another Y pvt. ltd. then...
Can X pvt. ltd. paid some amount by Cash ?
What is the procedure if x pvt. ltd. didn't pay unsecured loan till 31st march ?
Thanks in advance
cheers
Mukesh Kumar
Delhi
Sir,
A Proprietor has taken a loan in the name of his business but that loan has been used to start a Partnership Firm in which he and his friends are Partners. Now the problem is that, his own business has not enough profit to show the interest on such loan. Can/should he show an amount equal to such interest as receipt or receivable from such Partnership Firm?
Is this will come as misappropriation of loan?
The above are only from my view, please suggest me if there is any other solutions.
Waiting for your valuable advises.
Thanking You
I have sold my shares in a company (Purchase cost was Rs. 10) in the year of 2007 @ Rs. 100 each. I have received Rs. 50 at the time of sale and for rest of the amount of Rs. 50, i have received an assurance of another company's share at the time of IPO in future. The IPO of that company has come in the year of 2010 and i have received the share @ Rs. 50. Now question is that whether this capital gain is taxable in the year of 2007 or in the year of 2010?
Pls help me for that question.
Thanx
deemed dividend 2(22)(e)
sir i have problem of deemed dividend.a company has given loan to its director of rs 50 lacs whose holding is more then 10%. what can i do for that before 31st march?? pls if possible then reply
i can not let my client to pay tax.
pls advise me.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
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