what is sweep account ?? can saving account in which salary is receiving can be converted into sweep account?? what are the practical advantage over savings ??

Dear Friends

My son hospitalized for Tonsil and adenoid surgery the the expense was 50k.

For annul tax detection,

may i claim this amount under medical expense. i dont have mediclaim.

i am a salaried person

kindly give you suggestions

thanks and regards

Jayram

Dear Sir / MAM,

Kindly clarify me what is WCT and when and at which rate it is deducted ?

Warms regards

Rupinder Singh

I have a query. As per IT act if interest income from fixed deposit exceeds Rs. 10000 banks are liable to deduct TDS.

Person have 3 bank deposits with diff. time lines. 2 FDs got matured and the interest is being credited to bank account. Now at the time of maturity of 3rd deposit total interest if being considered on FDs its exceeding 10,000. Now what bank will do it will deduct tax on Interest amt @10% or total interest credited during the FY @10%

Hello everyone,
I have an interest income from bank(fdr interest),bank had deducted my tds at 30%+cess as bank haven't my pan details for filling tds return. form 16A showed that pan not available in Pan of asseessee column. so, what's the procedure to avail the benefit of tds as per it act.(i am NRI)

What is the payment under protest. Please explain the procedure for making Entertainment Tax to Panchayat under protest mode.

Dear Experts,
We have paid Interest & late return filing fee for Qtr 1 for F Y.2014-15 now we have to revise Return or no need to file revise return or any other correction statement required to submit. Plz guide

A NRI hold gold & silver last year purchased out of foreign earnings more than Rs.30lakhs in india. He have no idea to come and settle in india in forthcoming years. BUt those jewellery he placed in Indian nationalised bank locker for his family use. What is wealth tax liablity for such NRI under wealth tax act in India?

What is agriculture income and non-agriculture income and how the tax rate will be charged?

Hi Freinds
Is PAN of a foreign company necessary to deduct TDS? What is the rate if they dont have a PAN?