As decided now we have to use digital signature or mail the ITR-5 to Bangalore..

Whether we have to mail every ITR individually or we can mail more than one ITR-5s at a time?..

DEAR SIR/MADAM
ONE OF MY CLIENT DEPOSITED TDS FOR ASST. YR. 2009-10 & 2010-11 IN SAME CHALLAN JOINTLY.
SO, HOW CAN BE RECTIFIED THIS ?

THANKS IN ADVANCE

TDS cannot be deducted on amount of service tax.Whether this exemption is available only in case of rent as per sec 194I or other sections also i.e,194J, 194H, 194C.

Kindly provide Income Tax treatement on Profit or Loss arising from transactions of Index Futures.

Is the income from derivatives can be treated as Capital Gain?

I believe the Income arising from such F & O transactions can be treat as normal business, however for 44AB purpose, the sale value of F & O transactions will under tax audit report. Eg :

Sale of Index Futures Rs.50,00,000
Purchase Value Rs.48,00,000

Net Income Rs.2,00,000

In the above mentioned example the turnover is more than 40,00,000/- wil it cover under 44AB.

Kindly clarify.

Hie, i wanna discuss one thing with you guys rather wanna know the how to proceed further please help me out......

We have a client the main of whom is to deal in shares and securities the problem is that he had purchased some class of shares in different listed companies at the time when stock market was depicting 21,000-22,000. but now when the market reaches to 14,000 around.My view is to keep the value of share at its Realizable value as per AS-2 but management is of view that we cant do that because our intention is not to sell these shares in the coming session.

This issue has already been discussed with the management of the co. and i am strongly upheld my stand.

DO suggest me with the strong reason so that i can argue with the management.

I wanted to Know what is an accounting treatment for an Investments made by an Individual & Company

WHAT DO U MEAN BY LETTER OF ANTECEDENT

Hello,

Can i get the deduction of interest on housing loan, if interest amount is over Rs. 1 lac, then what amt i can claim Rs.1 lac or actual?

pls. tell me.

At what rate is TDS deducted for car hire charges for which no agreement is made between the parties???

Hi..plz let me know that if the tds on salary has been made due on 31 march of a particular year, then when is the due date of payment of such tds..is it 7th april or 30 april..?? plz help urgently.
Amita