Dear sir
the deduction of rs. 10000 on saving bank interest is inclusive of post office saving interest or deduction earlier available is also available ?

Mr. A took a loan of Rs. 100000 @ 12% interest and invested the same in shares. Whether interest is to be added to the cost of shares for the purpose of 'cost of acquisition of shares' under the head 'Capital Gains'. Please provide a case law if any.

our company is incorporated on 20th November 2012. we are planning to commence operations from 1st of April 2013.


Whether we are liable for annual filing for the year ended 31st mar 2012???

we are willing to introduce share capital.so whether we should wait and issue new shares after 1st April 2013???

hi friends i am pursuing articleship training in a firm in chennai for the past 3 months. due to a problem i wish to transfer from this firm to another firm. am i allowed to do so? are there any restrictions in transfer within 1 year?? please help me

Dear Sir,

I have a question regarding Income Tax.
I am an engineer and changed my job last week.
With regard to Income Tax, I fall in the 30% slab and till now the tax was deducted according to that slab.

The new company where I joined for work has told that, they will be paying the salary under the head "Professional Fee" and they will deduct flat 10% as Income Tax.
And they will give me Form 16A every quarter.
The finance head of the company mentioned that, I have to pay only 10% tax and not 30%, since what I am getting is a professional fee and not a salary.
So, I want to know if this is correct?
And, when I submit my returns for this year, will it be ok to merge form 16 (from previous employer) and form 16A (from new employer)? Will it not create any problems?

Please clarify.

Regards,
Narendra

sir i have a one acre agricultural land, this land will given by my father around 25 years back and last one month back it converted into non agricultural land and sold by plots. i have pay any tax to government, i am not filling income tax return. give me reply to me as early as possable

MS ,
WHETHER HUF CAN GIVE GIFT TO MEMBER AND OTHER ON BIRTHDAY
HOW MUCH AMOUNT HE CAN GIVE
NOTE (PLS DONT REPLY REGARDING RECIVING OF GIFT BY HUF. QUESTION IS RELATED TO GIVING BY HUF TO MEMBER AND OTHER)

dear respected sir
an assessee having commission income for assessment year 11-12 is Rs 4 lacs but he
do not keep any expenses record of travelling, salary to staff etc, can he file return to show expenses 30% to 40%
or lower and prepare p/l a/c and balance sheet in account cases ? otherwise he need
to pay large income tax, if do not show that. please advice me thanks....

how can goverment decided % of Gross profit & net profit ratio on sales in a personal business?

If a CS is appointed on 3rd December, 2012...Than, can he sign the balance sheet for the previous year i.e. 2011-12 if it is being adopted by Board on 7/1/2013??