The Query is regarding one of my friend whose father has recently passed away. Before that Father was repaying the education loan of her daughter and taking benefit of 80E. Now when Father is passed away, the son is repaying the Loan & Interest for his sister. Can he take the benefit of 80E. If not that how can he become his legal guardian (as mentioned in 80 E)

Dear Sir/Madam,

Actually i filled wrong bank challan in Service Tax E return Filling.And at that time i had chosen type of return is Original.
Now i want to correct my bank details in that e-return filling..so what i shuld now..& which type of return i shuld choose now..
i fill form no.231.
So please guide me..

I AM AN INDIVIDUAL HAVING A INCOME OF 500000
& ALSO HAVING AGRI INCOME OF 300000 IS SEC 87A EXEMPTION 2000 RS IS AVAILABLE ? WHAT IS THE TAX TREATMENT OF AGRI INCOME

sec 80TTA EXEMPTION 10,000 IS AVAILABLE IN THE FINANCIAL YEAR 2014-15

Dear Members,

I want to know that is there any disadvantage of filing Tax Audit Report & ITR in the m/o may itself. Although, it will be Online filing, does early filing of Tax Audit Report & ITR attracts risk of any kind?

I have a transport bill which don't have a pan no. so what percentage of TDS should be deducted and under which section..

Dear All,

Please provide us the complete procedure for conversion of unsecured loan into share application as per Act,2013.

Also needed the format of application and resolution for same.

Thanks & Regards

Need some clarification regarding submission of sale purchase details in Bihar VAT. Would like to have a chat with an expert on the subject.

SIR,
A MANUFACTURING UNIT IS RUNNING FOR THE LAST SEVERAL YEARS.IT HAS INSTALLED A NEW PLANT AND MACHINERY IN THE SAME PREMISES.
THE PLANT AND MACHINERY IS ON LOAN FROM BANK.
INTEREST CHARGED BY THE BANK FROM THE DATE OF FINANCE TILL THE DATE OF PRODUCTION IS RS. 3.00 LAC
SIR, WHETHER THE AMOUNT OF INTEREST WILL BE CAPITALISED OR WILL BE DEBITED TO PROFIT AND LOSS ACCOUNT
SIR, PLEASE GUIDE ME

Vocational Training provided through Franchisee.

The Franchisor provide all training materials and invoice books. The Franchisee collects the fees with service tax and remit to the franchisor bank account as per the agreed ratio after deducting his share.

In the above service, Who is responsible for payment of service tax, Franchisor or Franchisee?

Or

Both of them has to pay tax for their share of income?