jiji parel
06 February 2014 at 20:24

Investment

what are the best investment for a salaried person?



Anonymous
06 February 2014 at 16:55

Due dates for filing tds return

what are the due dates for filing tds return Q4 FY 2013-14



Anonymous

I had taken bank loan against construction of a godown.During the financial year 2012-2013, I had received a rent of Rs.5,00,000/- against godown rent and had also paid bank loan interest of Rs.2,50,000/- (Loan entirely invested on construction of the godown). Whether I can claim deduction of bank interest from the rental income ?



Anonymous
01 February 2014 at 11:14

143(1)

SIR,
i have got the intimation from income tax under 143(1) showing that there is a difference between gross total income near about 3100/-....bt my income tax return is nil for that year i have no tax payable...so what should i do sir...should file revised return or not..

thanks in adv



Anonymous
31 January 2014 at 12:41

T.d.s

Suppose i have got my company incorporated on 1/1/2014 and my job work till end of 15/1/2014 from a single party is 30,000/- and it is not expected to be more than threshold limit of 75,000/- till the end of financial year on 31/03/2014 then whether I am liable to deduct Tds?


Rajamahendra Varma M.B.A.,LL.B


Dear Experts,
I have taken Housing Loan for my Flat of Rs.50Lakh and paying the EMI myself. Due to my personal financial urgency, I have given my flat for a lease of Rs.10Lakh to one of my friend. Please suggest me the income tax benefits on the same. Now my situation as follows.

1. I have Rs.50Lakh housing loan on a flat and I am repaying the EMI to the bankers. I have self occupied that flat for 3 months only.
2. Due to job relocation plan and personal money urgency, now I have given my flat to one of my friend for an interest free lease of Rs.10Lakh for three years. After three years I have to repay him Rs.10Lakh and get back the house occupation. Till that time he has right to use the flat for his own purpose or let out the property as per his interest. If he let outs, he will receive the rent and I didn’t have any share on the rental income.
3. Due to cancellation of relocation plan, I agreed with my friend that I will pay him rent till next three years. Now I am staying in the same flat and paying rent of Rs.15,000/- PM to him. And also I am paying the EMI to the bank for the same flat.

Kindly suggest me how can I get tax benefit on the same.

Regards,
Mahendra



Anonymous
29 January 2014 at 13:16

Deduction on ppf

HI,
PPF investment is 100% tax free.

I decide to make an investment in PPF for myself and my mother for Rs.100000 each annually.

As known i can claim tax exemption for my investment in PPF to the limit of Rs.100000 u/s 80C.

Can my mother claim deduction u/s 80C too even if she has low source of income, e.g she earns Rs.20000 annually?

The payment is made by me and not by my mother.

If not then will the investment of PPF in my mother's name will become taxable and to whom? If yes the what will be the tax rate?

Instead of my mother i decided to make investment in my child's name of Rs.100000.
Now he has no source of income. Will the complete investment be taxable to me?

Please provide your insight.



Anonymous
29 January 2014 at 12:00

Tds challan major head

If company deducted TDS of an individual then what will be the major head 0020 or 0021 ?


R A NAIDU
29 January 2014 at 10:24

Tds - e-filing

Dear,

Would anyone tell me the way to E-File the TDS. Iam E-Filing only through the software which NSDL provides (Free software). I really fed up with this software. I feel not easy to use & cannot understand why so much procedures like after complication of creating FVU file why we suppose to go NSDL mediators like Integrated Enterprises Etc.,Take long way. I need the simple process to do so.



Anonymous
28 January 2014 at 16:04

Profession tax

Hi,
My query is regarding professional tax on directors remuneration in Maharashtra. The person is a director in a pvt ltd company and his professional tax is deducted and paid by the company. The person does not have a PT enrollment number. Does he need to obtain a Professional Tax enrollment number as director? Does he need to deduct his professional tax on directors remuneration, or if company is deducting it is sufficient and he need not register?






CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news


Answer Query

Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
16 June 2026
Sr. Associate / Assistant Manager | TAS / FDD

Boutique Investment Bank & Transaction Advisory Firm

Gurgaon

CA

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details