Imran
This Query has 3 replies

This Query has 3 replies

07 March 2008 at 15:01

Income Tax Software

hi, this is Imran, i want to know how can i get free software for e-return for assessment Year 2008-09.?

Thank You.


jignesh
This Query has 7 replies

This Query has 7 replies

07 March 2008 at 14:42

Querry About Sec 44AB

I want to Know that Whether a Proprietory concern having a sale of Rs21.00 lacs and purchases of 1.00 lacs then we he fall under Compulsory Audit of Sec 44 AB.


p.hepsiba
This Query has 4 replies

This Query has 4 replies

07 March 2008 at 13:02

govt.securites

is tax leviable on interest received from G.O.I 23 by urban co-op. bank ltd?


Akhil Gupta
This Query has 7 replies

This Query has 7 replies

07 March 2008 at 12:48

Claim of HRA Receipt

Fact: My wife has taken a house on rent against which she has no rent agreement from the land lord. I have taken that house on sub rent from her without any sub rent agreement and as per mutual understanding I am paying the rent Rs. 2100/- to the actual landlord and balace Rs. 5000/- in cash. And as she has no other income she did not file ITR.

Query: Whether I can claim Rs. 7100/- as Rent Receipt on the basis of above fact?
Whether I had to prepare a sub rent agreement for claiming rent receipt?
Whether such income will be clubbed in my income?

Please explain.


Rajkumar Maheshwari
This Query has 6 replies

This Query has 6 replies

I want to submit my Income Tax Return Form No. ITR-4 [ with I.T.Dept. ] for the A.Y. 2007-2008. It is necessary to attached relevant certificates i.e. [ Lic Commission Certificate, Salary certificate, Housing Loan Certificate ] with ITR-4 TO I.T. Department.


kumar
This Query has 4 replies

This Query has 4 replies

07 March 2008 at 11:21

Tax Deducted at Source

Can any one send me the detail rates of TDS on various cases


Sarvesh Mani Tiwari,CFA(ICFAI)
This Query has 2 replies

This Query has 2 replies

07 March 2008 at 10:12

Fileing Return AY2008-09

What is due date Fileing Return AY2008-09 for Company 30 Sept or 31St Oct


CA SHARAD SINHA
This Query has 11 replies

This Query has 11 replies

07 March 2008 at 09:31

CREDIT FOR TDS DENIED U/S 199

AO HAS DENIED CREDIT FOR TDS IN THE RETURN OF INCOME OF PARTNER OF THE FIRM ON THE BASIS THAT THE RELATED INCOME WAS NOT OFFERRED TO TAX.THE FACT REMAINS THAT THE ASSESSEE PARTNER(INDIVIDUAL) OF A PROFESSIONAL FIRM CLAIMED CREDIT FOR TDS ON AUDIT FEE RECEIVED FROM A GOVERNMENT COMPANY WITH WHOM THE AGREEMENT WAS IN THE NAME OF THE PARTNER AND NOT ON THE FIRM'S NAME. FEE CHEQUES WERE RECEIVED FROM THE CLIENT IN THE NAME OF THE PARTNER AND THE FEE WAS ACCOUNTED AND OFFERRED TO TAX BY THE FIRM IN IT'S BOOKS OF ACCOUNTS BY DEBITING THAT PARTNER'S CAPITAL ACCOUNT FOR TDS AMOUNT AND RECEIVING THE NET FEE BACK FROM THE PARTNER'S BANIKING ACCOUNT.

THIS PRACTICE WAS FOLLOWED FOR SEVERAL YEARS SINCE AY 2004-05 AND WAS ACCEPTED BY THE ITD AND RESULTANT REFUND IF ANY WAS ISSUED TO THE ASSESSEE PARTNER.HOWEVER
IN RELATION TO AY 2006-07 , THE AO DENIED THE CREDIT OF TDS ON THE GROUND MENTIONED ABOVE AND A RESULTANT DEMAND WAS MADE.

THE QUERIST SEEKS YOU OPINION ON THE PRACTICE FOLLOWED BY THE FIRM AND THE PARTNER IN THEIR RESPECTIVE RETURNS AND THE MANNER IN WHICH HE SHOULD PROCEED FURTHER IN HIS APPEAL.


Ashish Ranpara
This Query has 5 replies

This Query has 5 replies

06 March 2008 at 19:24

Long Term Capital Gain

Dear Sir,

Can a person transfer it's Property not fully but part of property after a long time about to 35 to 40 years is liable to capital gain ?

if there is a four partner of property than How will capital gain calculated?

is there any provision for regarding exemption of such capital gain?

The Property is in the nature of Office Building

pls. give me advise and my emil id is aranpara_ca@yahoo.co.in

Hope your reply

Thanks


Accounts
This Query has 6 replies

This Query has 6 replies

06 March 2008 at 19:06

TDS on salary

Can anybody suggest me the procedure of deducting TDS on Salary

Is HRA or investment in LIC are the part of computation of TDS on salary

kindly give me your valuable suggestion as soon as possible,
thank you






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