Sir,
One of my client wants to file his return of income for the assessment year 2006-2007. As the return filing of the above year is time barred, can it be filed now? If Yes, what procedure has to be followed?

HI,
ONE OF MY FIREND HE IS PAYING 5000/- P.M. AS RENT AND THE COMPANY PAYING HIM HRA AS RS.3200/- .HIS BASIC + DA COMES TO RS.7375/- .HE IS IN DELHI.

LET ME KNOW THE IT DEDUCTION ON THIS PLS.

Dear Sir,

One of our Employee has taken two Separate House.
The Loan taken for House No 1 is less and it is self occupied.

The Loan taken for House No 2 is More and it is unoccupied and it is not given on rent also

Since the employee want to take the Interest Exemption and deduction of Principal on Housing Loan taken on House NO 2 since he paying more Interest and Principal as compare to House NO 1 Can he avail the exemption forthe house no 2 even though it is unoccupied not given on rent also.

Regards

Ravikiran Konda

An employee is drawing a salary of Rs.6,500/- p.m. and he doesn't want to contribute in the Provident Fund. So therefore is it allowed? If Yes, then what will be the employer's contribution in this case?

Facts : A client is required ot get his accouts audited under this section, he instructed his accountant to get accounts audited with the CA to whom he knows. Accountat got the audited report and handed over to the client which in tern filed with the Department. Now the CA whose stamp and signature exist on the report is admitting that the report is not signed by him but by some other person in his name wothout his knowledge. SO THE QUESTION IS THAT HERE WHO IS IN DEFAULT, AND WHAT ARE THE REMEDIES.

waht is the effective date if date is not mentioned in the circular. for example TDS on Rent has to be deducted without service tax (i.e net amount) issued on 28/04/2008 where they have not mentioned the effective date.
OR
Circular and Notification the date of issue of the same is presumed to be the effective date of such circular and notification???

my clients sister concern(first Party) is paying the office rent for my client(second party) and first party has raised a debit note on second party for reimbursement of expenses. first party has deducted the tax at source while making payment of rent to the owner of the property. But, second party has not deducted the tax while making reimbursement of expenses to the first party.Memorandum of Understanding made between first party and second party states that "the first party has agreed to allow the second party to use and occupy the said property as per terms and conditions of the leave and license agreement entered into by the first party and the property owner on condition of reimbursement of all the expenses incurred by the first party."

Now please tell me, whether second party is required to deduct the tax at source on reimbursement of rent to first party???
its urgent.

What is the tax rate for A.Y. 2008-09 for Non-Resident Woman who has income from India? I have checked the rates but in Direct Taxes it is mentioned that those rates are applicable only to RESIDENT WOMAN.

Invoice is raised agnst a co resident outside india for the services rendered on their behalf to their client(as an agent)in India.Is TDS applicable on the payments made by them?

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