MR. SAMPAT JAIN can u please provide the detail of this Circular Nos. 661 and 681, dated 8-10-1993 and 8-3-1994, respectively for the TDS on telecom service
i want to know whetjer i should deduct tax before payment to airtel for interenet connection i had accuired

is investment in fixed deposit is eligible for deduction u/s 80 C in income tax or any other section.

is Investment in Mutual Fund is eligible for Deduction U/s 80c or any other section for income tax.

Sir,
1) Assessee having income from truck plying was deceased in June 2006.
2) His returns for A.Y. 2006-07 and 2007-08 are pending till date.
3) How will the returns be filed? whether in his name or in the name of his successor?
4) What are the provisions w.r.t. old saral form 2D (for the year 2006-07 when assessee was alive and w.r.t. new ITR-4 when he is deceased.
5) How the PAN would be cancelled.
Thanks in advance.

I had an old house which has been taken over by builder. To compensate the same he is paying certain amount of money and also the flat in the new building after demolishing the old building. In this case I would is the money received liable to capital gain?.

If an individual gives cash as gift to his parents, will that reduce his taxable income.
If so how can he prove that he has given cash as gift to his parents to claim deduction from his taxable income, i.e what are all the documents he has to produce to prove the gifting of cash to his parents.

Thanks in advance for your clarification. If you have any supporting case law is highly helpfull

in any work contract where material required for execution of work is suplied by contractor, tds will be deducted on work portion of contract or on the full value of work contract.

our is a pvt ltd company-

pl clarify whether the following payments attract TDS, if so mention section :
1] Travel agent invoices for booking Air Ticket for foreign travel and inland travel

2] Road transport bill[of GTA] on import of machineries, amount Rs 1,80,000/- ; paying service tax @ 3.09 %, if tds is to be made then what about tds on service tax amount
awaiting your response

Ours is a pvt. ltd. co. Kindly tell me that whether we can give interest to the unsecured loans taken from the Directors of the pvt. ltd. co. also tell me that whether those unsecured loan taken from the Directors of the pvt. ltd co. can be repaid. Although we have secured loan taken from Banks. Please answer my query from the point of view of income tax as well as companies act.

Who is Liable to Deduct TDS for Payment of Professional Fees?