Hi,

I stay with my parents, in a building built under reconstruction plan of MHADA (Maharashtra Housing and Development Association).Can i show as i have paid rent to my father and claim exemption u/s 10 of incometax act.I have HRA content in my salary.

What treatment of profit or loss on effect of change in foreign exchange rate (AS 11) i.e. whether income tax Act allowed loss or gain on foreign exchange rate which is debited/credited in profit & loss account. If allowed under which sec. if not allowed what will treatment pls. help me in this regard immedetaly....

Dear Sir,

is Kisan Vikas Patra investment allowed in section 80C ?

Thanks,

Subhash Jha

Can we include lodging & Boarding in tours & travels expenses for outstating tour.

I want to kmow about is there any FBT on Transport companies exp i.e. fuel&oil and maintenance exp.incured on vehicle used in business of transport company and travelling company?

we havve filed IT Return of our company for the FY 2007-08 on 30.09.2008 claming TDS of approx 1.12 crores.
Now we have received a TDS certificate of Rs. 50 Lacs for the F Y 2007-08.
how can we claim this certificate:-
1. We have to revise the return for the F Y 2007-08?
2. we can take credit of the certificate by just giving letter to the It dept abt the same?
3. We should claim the Certificate in F Y 2008-09?

please reply......

we have make a provision entry for Directors Commission (Section Code 192B) with TDS deduction and credited to directors account on 31-03-2008 but till date the net commission after deducting TDS was not paid to directors what is the due date for TDS Payment to Govt.pl clarify till date we have not paid the TDS also we have to pay the interest on late payment of TDS or not

what is the current tds rates for security charges like security guard

I want to ask that always I see in TDS chart that surcharge will applicable if company turnover is more than I crore or in the case of firm also and in the case of Individual if more than 10 Lac . What does it means, its mean the work which they have completed with us or they are taking about their annual turnover.

Please reply me soon I am in huge confusion.

I want to ask that always I see in TDS chart that surcharge will applicable if company turnover is more than I crore or in the case of firm also and in the case of Individual if more than 10 Lac . What does it means, its mean the work which they have completed with us or they are taking about their annual turnover.

Please reply me soon I am in huge confusion.