hi friends, i would like to know what are the various tax implications in case of cash payment for purchase of property ?

Sir / Madam,

Good Evening


My uncle is a salaried employee. he is a retired govt employee. & his pension is upto 13000/-. now he got a salary Rs. 35000 per month. he hasn't invest any amount in any securities/ plans or insurance. His age is now 75 yrs. pls tell some investment sources for him.


thanks

What is the tax implication if any premise either vacant or building is given on rent for holding handicraft/saree or any such kind of exhibition for a duration of 2 weeks to 1 month, thrice a year,

Does the case of Senior Citizens come under scrutiny????

A person has unsecured loans in his Balance Sheet in the last year's Balance Sheet and few new loans have been taken in current year also. His case came into Scrutiny for the current year.
I want 2 ask does the Assessing Officer is correct in raising question over the unsecured loans of last years when the assessment for those years have already been done by department nd no query was raised at that time??
Further whether there can be initiation of a penalty u/s 271 (1)( c) even when he has given ample proof of genuineness of the loan amount?

hi.
I had worked for 4 years for company. Now i applied for withdrawal total amount of PF account. is there any TDS on that amount? what is rate of TDS? Since no taxble icome in current financial year, Can I exempted from TDS on that PF amount?
How can I claim to exemption from TDS? Please guide me.

Can any expert provide me Analysis of Taxation i.e. between Individual, Partnership firm, & company ?
Which one is more beneficial monetarily & otherwise.
Please provide some analysis !!!
Thanks. My ID- vipuls.gs@gmail.com

hello all

please help me in the matter.

licence fees can be revenue expenditure or capital expenditure. suppose i paying x amount to the other company for the the purpose of software licence / licence fees and the property of the licence will be of the supplier over and above we have to pay AMC/ Renewal fees every year whether the licence fees paid initially for the installation of license in our computer.
can it be treated as revenue expenditure or capital expenditure??????

Sir,

I have a PAN card which I tried to register in the portal but the Date of birth in PAN card is not accepted. Can I find online the Date of Birth in that PAN card.

we have to pay professional charges to dubai based consultant, the payment made in AED. The consultant provide his professional charges invoice to us.

my query is that, should we have to deduct TDS while making the payment. Or we have to pay full amount to conusltant.

regards
Amol