Is it possible that PAN of other persons to whom you issue TDS Cerificates can be searched through income tax portal.

sir,

we have a partnership firm which is doing agriculture plantation( ie, plantation in tea). We are selling the tea leaves to a tea manufacturer. since the Activities are Agriculture in nature Income of the firm is exempted from income tax as per section(10) of the Income tax Act.During the year 2006-07 the Total Sale of tea leaves exceeds Rs. 40 lakhs. Now please clarify (i)whether the firm is liable for tax Audit U/s 44AB of the Income tax act? (ii) whether the firm is liable to file the Income tax return during the period

Can an assessee claim exemption for HRA and Self occcupied property both when he has a house at Goa and he is working at Bangalore and takes a rented house in bangalore and his Goa house is self occupied by his dependent parents?

Fact
An Apartment having 24 flats. The Apartment is running by an owners association. Association has a by laws which is not registered anywhere. Purpose of society to maintain apartment, flat owners/ tenants are paying Rs. 500 monthly for maintenance. Further association is earning rent of Rs. 132000 per annum on which TDS is deducted against let out of common roof for mobile tower.

Query
1. Whether registration is necessary, if necessary to which authority/ department.
2. Whether we can obtain PAN with a by laws, not registered.
3. Whether PAN can be obtained without registration.
4. Since the association is only meant for maintenance purpose, not for earning purpose, filling of return is necessary. If necessary what will be the status of association.
5. Whether income of the association will be exempt.
6. Whether tenant (Mobile Tower Company) is bound to deduct TDS.

Please guide further to obtain refund of tax deducted in accounting year 2007-08.

Sir,

My assessee paid Interest amt. only on Educational loan for his son, which is doing MBA. The Principal amt will paid by his son. but at present assessee paid Interest (amt. only) of Rs.15745.

Can assessee claim deduction of the abovesaid amount under which section.


further, If assesse paid Installment of Rs.7242/- p.m. from his income (both principal & Interest). Can he claim deduction from his Income ?


Pls help me.


Reagrds,

Baljinder Singh

is employees contribution eligible for deduction u/s 80c?
plase reply imm.

if we incurred capital expenditure for morethan Rs.20000 in cash, can depreciation be allowed on such asset?

Dear Sir/Madam,

One of my client had not deducted TDS on the freight payment last year so the expenditure incurred is disallowed. Now he had deposited the amount of freight from his own pocket.
My query is that, In which quarterly return we show the details of the TDS deducted. The return in which the freight payment is made or the return in which the Tax is deposited.

In advance Thanks

regards

When Should be TDS Certificate Issued to Deductee

I want to know that whether the payment made for mediclaim including service tax is allowable u/s80D or only mediclaim amount without service tax is allowable