I wnat to know the following query urgently.If a person had professional charges from 1/04/07 to 31/12/07 (Form 16A) and salary 01/01/08 to 31/03/08 (Form 16) which ITR is needed for filling this criteria.

I Think the ITR must be 4, But the problem is ITR 4 shows income from business or profession ie net profit as per profit and loss account. In this case, it is not an income from business ie not net profit. Its actually salary but given in the name of professional charges.(01/04/07 to 31/12/08 - he is working as contract basis)

please advice me its urgent.

how i would show my short term capital loss in my income tax return - 2, i am a salaried
employee

ANY SUM OF MONEY RECEIVED IN CASH IS TAXABLE. BUT IF I HAVE NOT RECEIVED IN CASH BUT THE DONOR HAS PAID MY SHOPPING BILLS ,THEN IS IT TAXABLE. THE BILLS ARE IN MY NAME WHICH I HAVE PURCHASED FOR MY HOUSE BUT SOMEONE ELSE MAKES THE PAYMENTS . THEN WHAT HAPPENS. KINDLY LET ME KNOW. THANKS

Kindly let me know the rule for considering Surcharge in TDS rates.

Suppose we are paying rent to any person and the total amount of rent to be paid within that F/Y doesn't exceed the limit of 1 crore /10 lakh or whatever the limit of income for cosidering surcharge .Then in this case are we supposed to deduct TDS @ higher rate ,considering surcharge also ???

(( property taken on rent by the compnay for giving to its offficers for residential purpose ))

Kindly let me know what are the documents on the basis of which a person can claim that the property is in the joint name of two or three persons ,and we can give 2-3 cheque to all the joint/co-owners so that the TDS is not deducted .

A Person not in India for last two years but occasionally came to India but not more than 60 days per year brings the money from foreign and bought house hold property in his wife name (she is in India only)and self occupied.

Whether the person is liable to file his IT return? (Suppose he has filed his last return in A.Y (2004-05)or A.Y (2005-06))

And whether he has to pay any tax for the money brought from Foreign?

I think when the sale of property happend he is liable to tax for the difference between the amount initially invested and the sales consideration and also when the porperty is let out he is liable for the rent collected even though it is collected by his wife. Is it Correct?

Hello,
pls give me some tips for doing audit of a cricketer? which exp. would be reasonable to allocate while arriving their profit?
thankyou

Section 80C allows deduction for subscription in National Saving Certificates VIII issue and National Saving schemes 1992........I am not able to understand whatz d diff. between the two..NSC is a Post office saving schmes and same is the case with National Saving Schmes.
Plz tell me how they are related and if National Saving Schemes includes NSC then why in 80C they are seperately given.

plz tell me epf due date is it 20 or 15th of folowing month . it is same all over india .?

month epf paid
june 15000 on 22.07.2007
july 22000 on 08.10.2007

is it disallowed as per incme tax u/s 36 or 43B ? if us then both employees and employer contribution?

I am a CA student and I am undergoing the cource of PCC & Articleship. I am getting a stipend so can i file my return thought my income is under a ceiling limit