Company paid Dividend tax on behalf of the shareholders amounting Rs.7,700/-.After that company deposited the amount in its TAN no using challan no 281.now in which form, the company file its TDS return, is it form no 26..if yes. What about annex-1 in form 26.As the company does not deducted tax form the share holders, the company paid the dividend tax.now nsdl send one letter to submit tds return.but we dont have any tds as we dont deduct it.we just deposit the dividend tax using our tan no.pls guide me

for a registered partnership firm,( ONE OF THE OBJECTS IS SHARE DEALING AND OR TRADING IN SHARES)
1. there is a dividend income exceeding RS. 40 LAKHS.
2. FOR SAME FIRM THERE IS LOSS OR PROFIT ON SHARE TRADING,(THE VOLUME OF PURCHASES AND SALE OF SHARES) MORE THAN RS. 40 LAKHS( SHARES BEING BOUGHT IN CURRENT OR PREVIOUS YEARS AND SOLD IN CURRENT YEAR).
I FEEL BASED ON 2 ABOVE TAX AUDIT IS MANDATORY.
PL. CLARIFY.
R.V.RAO

How the individual show the income from Derivative trading in his ITR?

basis of deducting tds on subscription charges of any data/material...
As mentioned in Sec 194C printed material falls under the purview, is it the same for any electronic data/material(i.e.useful information for business).

Kindly clear my doubts about following :

1. In a collaboration agreement with builder , an advance is received by the party before the execution under the agreement. If contract is not executed by the builder and advance is forfeited, what will be the treatment of advance received by the party.Will it be a capital receipt- not taxable or revenue receipt taxable in the hands of party? If the contract is given to some other party subsequently , will it change character of the advance received from the earlier builder ?

2.A security deposit is received from the tenant with a condition that landlord will construct a floor in the market place on his building and let it out to him for a period of at least 3 years on a particular monthly rent.On completion of floor, the tenant does not take the possession and security deposit is forfeited and building is let out to some other party after some time . What will the treatment of security deposit forfeited ?

From
Ram Bhuvnesh
Email- rambhuvneshfca@yahoo.co.in

Will Service Tax paid on Rent be allowed as deduction while calculating the Exemption U/S 10(13A). If yes, is it mandatory to show service tax seperately on the Rent Receipt? Whether the treatment will differ if it is not shown seperately on the Rent Receipt.( please answer from the point of view of Salaried Person)

Dear sirs,
My query is about FBT.

Electricity Exp. incured on Guest house.
Is above exp include in repair & maintenance on guest house for the purpose of FBT?

a company in addition to normal business activities also purchases and sells shares and mf from market and earns profit the company informs that trading of goods and sale of shares both are business activities and total sale should be merged and thereafeter no question of deriving stcg and ltcg on shares to be separately shown whether the contention is correct. the main business of the company is to deal in coal, coke etc

a company in addition to normal business activities also purchases and sells shares and mf from market and earns profit the company informs that trading of goods and sale of shares both are business activities and total sale should be merged and thereafeter no question of deriving stcg and ltcg on shares to be separately shown whether the contention is correct

Dear friends,
Pls, guide that can i charge depreciation on truck which we have given on lease with conditions that title will transfer after 10 years at Re 1 Cost.
Last year we had not charged depreciation, but this year we want claim deprecion on trucks. Can we do that?