Sponsorhip Fees paid for an event which is supported by the state / Central Governemnt will be liable for FBT.
(For e.g Suppose i an IT Company and paid Sponsorhip fees for organising event regarding IT which is supported by central/state Govt of India.)

Dear Sir/Sirs,

Will u please guide me how to file my Income Tax Returns online with all enclosures viz.,capital accounts,balance-sheet,Profit and Loss Accounts,computation of taxable income,TDS Certificates,LIC/PPF/MEDICLAIM premium payment receipts.

With regards
Kashyap Vyas

Facts : Currently i m having Rs. 30000/- STCG, which is taxable @ 10%. Therefore tax amt of Rs. 3000/- + cess is payable.
I want to avoid this by booking STCL on current securities (CS) held by making Intra-day sale of CS. I will be purchasing these CS (same no. & combination of scrips) again on Intra-day basis.

Query : Is this Intra-day sale & purchase will be treated as a Separate transactions for tax purposes OR this will be ignored as "No Delivery" is involved in Sale and Purchase.

Please provide some case law or circular, if any in support of this.

Sir,


Please guide with sec.for deduction to a salaried person for expenditure on his son for TETROLOGY OF FALLOT SPECTLE HEART DECEASE.

Thanks & Regards,


NITIN KUMAR VIJAY
9218567870

Whether travelling expenses for purchase of machinery which are capitalised along with the cost of machinery are liable to FBT in light of answers to Q.19 and Q.89 of CIRCULAR NO. 8/2005 of CBDT.

how to compute the capital gain of jewwelry, sale of business to another person & explain me the ways to calculate that Capital gain
If it is a longterm it is taxable at 20%

One of my friend calculated tax payable.
i want to ask education cess should be calculated on net tax payable + surcharge or only on tax payable.

Suppose a Co has taken two lands on Rent from Mr x. In 1st case rent is exceeding 120000 p.a and in 2nd case it is amounting to only 80000p.a so as per the statutory norms whether TDS should be charged for both the payments or for the one exceeding 120000 only.rep ASAP

can any provide me details of the case law
"2007-TIOL-134-ITAT-DEL.doc"
this is the link which was found in the site taxindiaonline.com
Anybody having the subscription to the above site can get the case law.
matter of the case law given in brief
" There is a major difference between the furnishing of inaccurate particulars of income and furnishing of inaccurate computation of taxable income and this is a case of incorrect computation of income - Assesse Case Upheld"

kindly anybody pleased send me the case law pertaining to above ITR