shrenik
This Query has 1 replies

This Query has 1 replies

22 July 2008 at 09:50

80 G -deduction

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.


RIMPI SINGHAL
This Query has 2 replies

This Query has 2 replies

22 July 2008 at 09:34

Deemed Dividend U/s 2(22)(e)

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.


Gajendra
This Query has 1 replies

This Query has 1 replies

21 July 2008 at 20:07

Foregin Income

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.


CA. Amit
This Query has 4 replies

This Query has 4 replies

21 July 2008 at 18:00

Tax Treatment of Foreign Income

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.


sai krishna
This Query has 3 replies

This Query has 3 replies

21 July 2008 at 16:43

FBT on conveyance

HI
What kind of conveyance will be taxable to FBT


Manish khatri
This Query has 3 replies

This Query has 3 replies

21 July 2008 at 16:07

depreciation rate

what is the depreciation rate on printers & Fax Machine.


Piyush
This Query has 1 replies

This Query has 1 replies

21 July 2008 at 15:48

Income from House Property

A person having house at one city and he has letout this house but residing other city due to employment and residing in rented accomodation.

Please advise what would be the annual value for the income from house property for this individual.


venugopal raju
This Query has 1 replies

This Query has 1 replies

21 July 2008 at 15:47

FBT on ESOP

How tax is computed under the head CG for the ESOP after taxing FBT at 33.99%?
i.e, If any person has paid FBT on ESOPs, if he is declaring income from ESOP under the head CG, do we need to exclude FBT already paid from the total tax arrived under the head gapital gains? if no wht is the treatment ?


Ajay Hans
This Query has 1 replies

This Query has 1 replies

I have sold a house property and invested in new house which is under construction by a reputed builder with an estimated period of construction 36 months. Agreement to sale is signed by the builder. As per section 54 F, I need to invest within 3 years of property sold to get Long term capital gain exemption.

What will happen if constrcution is delayed and physical possession is given after 36 months of sale of my previous property. Will I be eligible to Capital Gain Tax exemption.


Ajay Hans
This Query has 4 replies

This Query has 4 replies

I have a house property and invested in new house which is under construction by a reputed builder with an estimated period of construction 36 months. Agreement to sale is signed by the builder. As per section 54 F, I need to invest within 3 years of property sold to get Long term capital gain exemption.

What will happen if constrcution is delayed and physical possession is given after 36 months of sale of my previous property. Will I be eligible to Capital Gain Tax exemption.






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