i had invested Rs10000 in lic future plus in FY 2005-06.i got Rs13619 on maturity dated 13/7/2007 i.e. FY 2007-08. my query is whether gain on this fund will be chargeable to tax under the head LTCG or since it is LTCG on listed security ---exempt under sec. 10(38)?

can any one tell me that lic agent is applicable to business or profession and WHY?

Assessee is having 2 house properties.

One is where he is employed and the other is in his native place.

One is occuped by himself and his aged parents are residing in the other one.

No rent is collected.

Can he claim both as self occupied under any special provision?

It has been done so earlier.

Assessee Participates in an exhibition conducted by another organisation. The money paid by the assessee is Charges for the stall space occupied by the assessee for those 2 days.The assessee brings all the supplies himself.The activity done by the assessee is distribution of samples, exhibiting the products, distributing printed brochures.Under which section is TDS applicable for this transaction?
194C-Contractor or 194I-Rent?

Thanks all for your responses ( shown below ) for my previous query. As I said earlier last two years I was in australia and I was getting salary there only. I paid tax and filed returns for these two years in Australia. I have transferred my savings to my bank account ( Residential Savings Account ) in India. Do I need to declare this in India by filing returns or by some other means ? How will our IT department know that I have got that money if i do not file anything based on the point that my icnome in India is less than taxable limit

thanks and regards
Harish

A Pvt. Ltd. Company had filed their E-TDS pertaining to 2007-08 (All the Quarters). But after 3 months, they got additional details of TDS to be remmitted pertaining to the period of October'07 to March'08.
The question is,
Is it enough to file an e-TDS of Q3 & Q4 with the additional transactions?
Or should it be filed now along with the transactions alresdy filed?
Is there any alternative to include the additinal transactions in e-TDS(Q1)of F/Y 08-09?

Plz help..Its very urgent..

My client doesnt possess the provisional receipt for 1st Quarter of fy 2007 08. But only the form 26Q. He has given all the papers to an accountant to file Etds return but that person after getting the amount vanished. He is not sure whthr he has filed the return or not. How to check this through nsdl.

We are a private limited company filling tds return from 5 years regularly.
Actually, we have remitted tds amount to central government, which is deducted under different sections for 2007-08,at a time on 31/03/2008 and did not filled TDS quarterly return for 1st, 2nd,3rd & 4th quarters.

My problem is How to file TDS return for 2007-08.
Can i file return for 1st,2nd,3rd and 4th quarter now?
Please assist me sir.

Regards

In our Private Ltd Coy, for the F/Y: 2004-05, We deducted an amount of Rs.95,546/- as TDS and we issued Form-16A to the Deductees.

The above liability paid in the foll.F/Y: 2005-06 on 25.05.2005 vide UBI Che.no: 721695.

In the mean time our office staff wrongly paid an amount of Rs.93,378/- on 31.05.2005 vide UBI che.No: 721700.

For the above Rs.93,378/- we have not issued any Form-16A to any body.

Hence, in my opinion it should be treated as an unclaimed tax, deposited paid by us.

We’re keeping that debit amount in our Balance Sheet under the ledger head “ TDS-Debit” for the past F/Y’s: 2005-06,2006-07,2007-08.

Now as a final decision we want to know why it not claimable & how it should be written-off in this f/y: 2008-09.


Kindly share your expert knowledge with us to enable us to save the above unclaimed amount

We are supposed to Give an interest of Rs.6500 to a financial Cr.(status:HUF).

Should I Deduct TDS or I should get Form-15G from the Financial Cr.

Please Answer Immediate.

Thanks.