Dear Sir,

Some companies are paying CLA to their employees which is by nature like Dearness Allowance.

I want to know whether it is included in the definition of Salary for calculating the deduction u/s 10(13) for HRA ie. rent paid over 10% of Salary.

Please confirm the same.

Thanks & Regards

What is the Due date for Remittance of TDS on Foreign Remittance - deducted under sec 115 - in line with a DTAA

one person open an account with broker and deals regularly. the broker hold the shares in pool account and not transfering the same in clents demat account. he hold share for more than one year. if he sales after that whter it will be long term capital gain or it will be short term capital gain as it is placed in pool account.

(STCG)or Short term capital loss can be set-off only by STCG.But this STCG may be of two types i.e.Earned by delivry (Shares transferes) and by Jobbing System.
Now my query is that whether this Jobbing Short term Capital Loss is capable to be set off & C/F for being set-off??
If Yes Whether by
(i)STCG by Delivery System
(ii)STCG by Jobbing System
(iii)OR Both
Regds/
Anil Jain

What are the Special Cases when TDS deposition is allowed Quarterly in place of 7th of Subsequent Month.

When TDS is basically Advance Tax,Why different rates are there in various Section?

Can expenses debited to profit and loss account as prior period expenses (aising as a result of error/ ommision in last years accounts) deductible under income tax act? If not under which section?

Whether extra units of mutual fund received in "Re-investment plan" of MF can be considered as investment made under section 80C of Income Tax Act (assuming units are under ELSS scheme).
Please provide the answere with reference to Provisions of Income Tax and/or case law, if any

Whether the expression occuring in section 115JB "the income-tax, payable on the total income as computed under this Act" may be interpreted as 'income-tax payable before rebate u/s 88E'

OR

The legislature had meant it as 'income-tax payable after rebate u/s 88E'

Please apprise if any Court of Law has decided this issue.

Thankx and regards

Finance Act, 2005 had substituted the word "eight" by the word "four" in Sub-section (4) of section 73 of Income-tax Act, 1961, with effect from 1-4-2006.

Question arises here as what will be the position of the losses suffered by the assessee before the Assessment Year 2006-07 (for which the Assessee was entitled to carry forward the same upto 8 years), which remained unsetoff as on 01.04.2006 and the period of four years from the end of relevant assessment year stood expired as on 01.04.2006; but the period of 8 years would expire after 01.04.2006.

Kindly also apprise if the captioned issue had come up and decided by any Court of Law.

Thankx and Regards