This Query has 1 replies
What is the distinction between section 11(4) and the provisions of section 11(4A) of the Income Tax Act, 1961?
This Query has 6 replies
Please tell me soon, whether MAT is applicable for a company which excempted from Tax U/S 80IA
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Hi
i wanted to know wheather the sodoxho passes given by the empoyer to the employee is taxabe or it is excpt
one of my office mate was tellin that it is taxabel in the hands of empoyees because the Income tax dept has withdrawn that provising form 2006 Fianance act.
This Query has 2 replies
Husband and wife both are working in a private company. They taken housing loan from SBI, Instalment of HOusing loan is paid from both salaries. are they eligible for deduction inrespect of Interest as well as principal? what are procesure please clarify by doubt.
This Query has 1 replies
Dear Sir / Madam
My problem in filling ITR 5 is that " there is no coloum to fill up the manufactruing expenses details like dyeing, printing, embroidery and other maunfacturing expenses". In that case how can i represent the above data in the ITR5. If i fill the same in other general expenses then there is every single possibility that i will be called upon on scrutiny and the related problems will start. Please let me a way out.
This Query has 1 replies
If a person takes the HRA from the com but not submitted the rent agreement, then the entire HRA is taxable. But at the time of filing the return, can he take the deduction by showing the amount of Rent he has paid to his landlord?
In this case, the amount taxable under the head salary will be different than what is shown in Form 16. Is it acceptable?
This Query has 3 replies
THE ASSESSEE IS EXECUTING BOREWELL CONTRACTS FOR GOVERNMENT DEPARTMENTS. WHETHER THE PROVISONS OF SECTION 44AD ARE APPLICABLE TO THE BOREWELL CONTRACATORS. THE NATURE OF THIER BUSINESS IS TO DIG BOREWELL.
This Query has 2 replies
do pension received by freedom fighters is exempt from tax? what is the section in the IT Act?
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What are the conditions that are considered while calculating the exemption u/s 10 for the house Rent allowance
This Query has 2 replies
x is the owner of the land and she has given power of attorney to her husband for raising loan for construction of house on the said land. During repayment period husband claimed interest on loan against his income. After loan is fully repaid the property was let out. My query is in whose hands income from house property will be taxed?
Charitable Trusts