One of our vendor has lost TDS certificate issued to him in his premises and
requested to issue duplicate certificate. Whether there is any offence issuing duplicate TDS certificate and we need a FIR from the party?
Please clarify.

M/S 'X' BEING A PARTNERSHIP FIRM HAD RECEIVED RS.10 LACS INTEREST ON INCOME TAX REFUND. THE INCOME TAX REFUND WAS DUE TO EXTRA TAX PAID DUE TO INCOME TAX OFFICERS ORDER BUT FIRM WENT FOR APPEAL AND SAME WAS ALLOWED, SO INCOME TAX REFUND WAS RECEIVED WITH INTEREST ON IT. DURING FINANCIAL YEAR 2007-08 THERE WAS NO OTHER INCOME THAN THIS INT ON INCOME TAX REFUND.

NOW THE QUESTION IS , WHETHER THE SAID INCOME IS CONSIDERED AAS BUSINESS INCOME AND SAME CAN BE SET OFF AGAINST EARLIER BUSINESS LOSS. OR IT WILL BE CONSIDERED AS OTHER INCOME AND FIRM WILL HAVE TO PAY TAX ON IT ?

By mistake in my office the TDS of Contractor US 194C has been depositen in Bank US 192B,Because of this the TDS return is Pending for the 1st Qtr so please suggest on the above mentiond problem

I have filed my return online without the digital signature and obtained the verification form alongwith the acknowledgement number. The verification form need to be signed and submitted in the income tax. My query is if I submit this after due date will I be at fault??

hi

what is cantonment board with respect to income tax?

thanks in advance
tima

Hi friends let me know under which section of I T Act TDS is to be deducted on payments made to HELICOPTER HIRE CHARGES. If there is any Circular or any other supportings pl mention .
Advance Thanks

I have donated Rs 51,000/- to a govt approved agency/trust for renovation of old temple. My Gorss income including losses from house property is Rs 3,80,000/-. I have made investment of Rs 1,00,000/- under section 80C. Also additional income from LTCG (from shares) is Rs 27,000/-. Pls guide me how much deduction shall be allowed to me under Section-80G.

Sir/Madam,

When a company gives loan or advance to director holding more than 10% share in company.Suppose Loan of RS. 195000/- is given to director in previous year 2006-07 and same outstanding in P.Y. 2007-08. What will be accounting treatment to be shown in books and what will be the tax treatment in the hands of director/shareholder and company.

Hi

I am a CA student i have a qurerey regarding double taxation what is the treatment when an NRI come in india & he bring his income from out side india Let from Uk & he residing in uk from last 6or7 years & pay tax on his income in related country if he wtihwraw his income in india from NRI Account after coming in india. would he liable to pay any tax in india.

The Assessee is RNOR for A.Y. 08-09, is salary received outside india from a non govt. company is taxable in india?

Valid tax is already paid by the assessee in the country where salary is received.