What is in the Sec 194I (a) & Sec 194I (b) of the I T Act-1961. please help.



Thanking you
Ashutosh Kr Jha

My quari is related to job work client provid the paper for printing and we are use ink plats for printing electricity for printing how many tax should be charg and please clearify the entry

Can we file return for the AY for which we have already given Form 15G/H ? or is it possible to allow one source of income to deduct TAX & to issue Form 15G/H to others?

A friend of mine had sold an ancestral property. Right now he is not planning to purchase a new property. Now as per my knowledge he has the following options :
(1) To keep the money in a Capital Gain A/c with bank (2) Invest in Govt. Bonds (REC or National Highway)
I would like to know the following : Is there any lock-in-period for both the options? If the money is kept for full lock-in-period in bank or bonds, then money withdrawn after full term is taxfree or not?

I am not clear regarding the revenue recognition with respect to construction contracts, especially the case where expected costs exceeds expected revenue!
I have come to known that such a situation demands the expected loss to be treated as an expense.
But I have come across a situation where, % of completion is applied on such expected loss, and is stated that such portion is to be recognized in the P&L.. and the balance shall be provided for as provision-- Isn't this according to CONSTRUCTION CONTRACTS??

In short, can a trade-off be emerged between CONSTRUCTION CONTRACTS and AS-7??
Or do they both take different stands??

I have searched for illustrations on similar cases, but I couldn't figure out any!

Kindly clarify my concept,
Regards,
Hari krishnan.

I am not clear regarding the revenue recognition with respect to construction contracts, especially the case where expected costs exceeds expected revenue!
I have come to known that such a situation demands the expected loss to be treated as an expense.
But I have come across a situation where, % of completion is applied on such expected loss, and is stated that such portion is to be recognized in the P&L.. and the balance shall be provided for as provision-- Isn't this according to CONSTRUCTION CONTRACTS??
I have searched for illustrations on similar cases, but I couldn't figure out any!

Kindly clarify my concept,
Regards,
Hari krishnan.

What is capitalization pls explain.

what is capitalization,how it is done.

SIR
I WANT SUBMIT MY RETURNS OF LAST 3 YEARS AND CURRENT YEAR
PLZ TELL ME DUE DATES FOR
AY 2010-11
AY 2011-12
AY 2012-13
AY 2013-14

IS THERE ANY PENALTIES FOR LATE RETURNS

My Employer wrongly entered my PAN Number in ETDS returns For the AY 2012-13. So I am Unable to See My tds in Form 26AS.
i was inform so-meany times to my employer but he was not corrected yet.
what to do ?
CAN U TELL ME THE PROCEDURE FOR THAT.TELL ME THE E-MAIL ADDRESS FOR THAT OR ADDRESS FOR ANY LETTER.I AM E MAIL SAME MATTER TO CONTACTUS@TDSCPC.GOV.IN BUT NO REPLY YET.