one of my client ,a private ltd company with autherised and paid up capital if rupees 10 lakhs and having a share application pending allotment of rupees 2 lakhs since 2005, the dept wants to tax it as income from other source

We have completed our Export obligation but we have not achieved Annual Average Obligation in EPCG, and received the query from DGFT.

Please send us the for redemption the EPCG license if Annual Average Obligation not achieved.

Dear Sir,

i have passed CPT, & want to get IPCC admission, i am just confuse that get admission with article or with out article, kindly i request you to all, please solve my confusion, & what is deference between article & with out article.


Thanks & Regards,
Rajesh V

IF a senior citizen lady having FD of 70lac in bank, maturity tenure is one year, and auto renew every year.

She submitted Form 15H, but according to bank she has to pay TDS due to exceeding interest.

As per my knowledge, interest upto 250000 is tax free and most of her FD's are invested in september-oct (mid of year)so that interest be divided in two financial years.

How to save tax?

Please guide.

Assessee has sold a residential house and capital gain arises on this transaction is used for purchases of land but due to scarcity of fund,assessee has unable to complete the construction on the land.Now i wanted to know whether the assessee can claim the exemption u/s 54 or is there any case law which is in favor of assessee to claim exemption ?

land purchased on loan and sold thereafter,(long term capital gain).
Whether cost of acquisition will include the interest amount paid on loan while calculating capital gain ?

Hello, my query is- how many times can a student Submit Form No.112 during articleship? I have cleared both the groups of IPCC as well as M.Com exams... Earlier for pursuing M.Com, i submitted the said Form. I wish to go for CS nw... Can I again submit the Form No.112 for CS or any other course which i desire to take up? Plz help...
Thanx in advance...

Hi.
In case of absence of DTAA, what will be the rate of TDS for Transportation charges? Please help me in this situation.

Dear All,

My client has a salary income from Indian Railways and filed Online ITRs for AY 2012-13 & 2013-14 before due dates. But he doesn't full disclosed his children school fee details to his superiors for considering the same while deducting the tax at sources. Latter he came to know about the claiming deduction of his children school fees and he himself made a deduction in ITR for these two years. Due to that effect, he has to get more that Rs. 20,000/- refund for the two years.
He has also sent the signed copy of ITR-Vs with in the time.

But till date the department has not issued intimation u/s 143(1) & refunds.

Now what shall do to get the process of return for refund issuing?


Pls provide ur suggestions in this regards,

Thanking you in anticipation,

Hanuman

Dear sir/Mam

I would like to know that if the property is rented out that what will be the maximun deduction of Interest on housing loan. The rental income is less than the interest paid on housing loan?