Income Tax QnA [Resolved]

All Resolved Open

Ranjeet Rathore

This Query has 2 replies

18 June 2008 at 14:51

TDS on Salary

can someone plz.

Calculation of TDS on Salary
rate

Anil

This Query has 3 replies

18 June 2008 at 14:17

applicability of 40 lacs limit for trading of shares

In case of trading of shares, what will be considered for 40lacs limit

turnover or profit

shruti karuturi

This Query has 3 replies

18 June 2008 at 12:19

SALE OF PROPERTY_CAPITAL GAINS

A property is sold (i.e cash is received without any legal sale deed) without the transfer of possession..Does that come under capital gains and which section deals with it??...

Guest

This Query has 2 replies

18 June 2008 at 12:19

Which ITR to use? I am giving Tuitions

Greetings,
For financial year 2007-08, I earned by giving tuitions. I am single aged 45years and possess PAN card.

My total earnings are Rs.1,30,000 for year 2007-08. My expenses are for house where i live and provide tuitions - Rent (Rs.30,000 ), electricity (Rs.3,600), water and maintenance (Rs.2,400) all others are living expenses.
Which ITR should I use? And what will be tax liability?

PLEASE Help!!!

Guest

This Query has 1 replies

18 June 2008 at 12:18

Which ITR to use?

CA.Krishna

This Query has 4 replies

18 June 2008 at 12:06

tds refund

I have paid excess TDS for F.Y.2007-08 in May 31st(for 31st May).
Can I get refund of the same ? If yes , How ?

Navratan Kumar

This Query has 3 replies

18 June 2008 at 11:31

whether to deduct tds on contractor or not

Earlier a bill for Rs 11000/- was booked towards repair and maintenance and tds was not deducted for the same. Now a bill is received fromt he same party for rs 51723/-, in which material purchased is for 33712/- and towards service provided is for 18011/-. Should I deduct tds?

Akhil Agrawal

This Query has 4 replies

18 June 2008 at 10:41

Set off & Carry Forward

Can Any one explain me the provisions of Section 79 of the Income TAX Act.

Kindly xplain in own words as i know the language of section in the Bare act.(but could not understand the same)

THANKS

P A RUPESH RAMNATH

This Query has 3 replies

18 June 2008 at 10:41

What rate to be deducted 2.06% or 10.3%

My client has outsourced the collection work & pay a commission of 5% on the collection amount. We are going to deduct @10.3%. But they are asking us to deduct @ 2.06% contending it has a contract payment. Whether they are justified or not.