Hitendra K. Agrawal
This Query has 2 replies

This Query has 2 replies

03 May 2008 at 20:15

Buget 2008-2009

When the buget actully accepted by parliament. How one can get the accepted buget in parliament after it was passed by finance minister.( Date )


vandana
This Query has 2 replies

This Query has 2 replies

03 May 2008 at 17:38

tax deducted at source

an assessee received a letter from NDSL regarding inconsistency in e-TDS statement filed. One of the PAN was incorrect.
What is to be done now that we have detected the mistake?
We have sent a letter stating the correct PAN, Do we need to file a revised return or anything else?


varun gupta
This Query has 4 replies

This Query has 4 replies

03 May 2008 at 15:17

TDS Payment

When will the Liability of a Company arise to Deposit TDS deducted from payment to a contractor in case bill for month of September is actually received on 15th Oct., the amt of bill not ascertained yet 7th Oct?


varun gupta
This Query has 3 replies

This Query has 3 replies

03 May 2008 at 15:08

ITR filing

if an assessee has wrongly deposited Tax with a bank even if he has no tax liability without filing any ITR, what can be the consequences?


Ravi Kumar Rajgaria
This Query has 3 replies

This Query has 3 replies

03 May 2008 at 14:50

TDS Payment

While payment of TDS through on line u/s 194J, I paid the same amount thrice by mistake. And the same amount passed from my bank account.
can I adjust the excess paymanet with tds liability in other section u/s 194C?

Can excess payment be adjusted in future months?


Reetika Goel
This Query has 6 replies

This Query has 6 replies

03 May 2008 at 14:06

Taxability of Capital Gain

One of our client had 2,000 DSE (non listed shares)purchased in 1998 for Rs. 25,00,000.

He was alloted 80,000 bonus shares in 2007.
He sold 78,000 shares in 2007 Rs. 25,60,000. Being non listed on STT was paid on it.

Now, the question is:
1) Whether it will be considered LTCG or STCG?
2) Whether or not this profit will be available to set off business losses?


Gayathri Devi
This Query has 2 replies

This Query has 2 replies

03 May 2008 at 12:48

reg:managerial remuneration

I am having 1 doubt how to treat the managerial remuneration under the income tax act whether under the hand salaries ?

How to treat Directors remuneration under IT act ?

Please help me its very urgent.

Please also quote some case laws regarding directors remuneration it treatment


Ankit kansal
This Query has 5 replies

This Query has 5 replies

03 May 2008 at 12:46

stipend Whether taxable or not

Dear sir,
I have a quarry about taxability of stipend.
An indivisual Mr A is under training & getting Rs 30000/- Pm as stipend.
Now i want to ask that whether such sum is taxable in the hand of trainee.If taxable then under which head it will cover and whether trainer is liable to deduct the tax (TDS) on such sum. Plese email me the answer at "ankit740@gmail.com"
Thanking You
Ankit kansal


CA Hemant T Dewani
This Query has 2 replies

This Query has 2 replies

03 May 2008 at 11:49

SEC 50 C FULL VALUE CONSIDERATION

I HAVE PURCAHSE A LAND OF RS.200000/- IN MAR.2006 & SOLD FOR RS 300000 ON APRIL 2008.STAMP DUTY VALUATION IS RS 360000/- LAND IS SOLD WITH IN THREE YEARS SO IT IS SHORT TERM CAPITAL GAIN
WHETHER SEC 50 C IS APPLICABLE TO SHORT TERM CAPITAL GAIN OR NOT ANY CASE LAW


Baljinder Singh
This Query has 2 replies

This Query has 2 replies

03 May 2008 at 11:26

Adjustment of excess amount of TDS

Sir,

We have deducted excess amount of tds u/s 194A in 4th Quarter @ 22.66% instead of 20.60% on payment of Interest of Rs.1801738/ and excess tds deducted is Rs.37116/- , the same amoutn deposit with bank.

Now deductee has objected to excess amount of tax and ask for refund of excess amount. please advise us how we can adjust excess amount in other section 194C.

Wiating for reply.

Baljinder Singh






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