I was working in US for the last 2 years. I want to know do I need to still file my income tax returns.

Respected Sir,

While making the payment u/s. 192 (i.e. TDS on Salary) assessee had made excess e-payment on account of wrong entry in challan Rs. 47000/- instead of Rs. 4700/-

What is the remedy to get the refund ?

Can anybody mail me copy of SriRenukeswara Rice Mills Vs.ITO (2005)

my mail id is mataniman@yahoo.com.

Regds.

Respected Seniors,

Good morning,

We are going to revise salary breakup in our organisation. I need your help.

Is there any monetary limit of the following for I.Tax exemption :-

1. Fuel reimbursement,
2. Uniform Allowance,
3. Meal Coupons(Sodexho Passes).

Please clarify again.

thanks

Plz let me if i borrowed the loan for commercial property. whether i can avail debuction under sec -24 for interest on loan and under 80c for installment.

Is some body send me list of expenses which can be remitted without deducting TDS on Foreign remittence

PLEASE EXPLAIN ME SEC 35ABB OF IT I ONLY WANT KNOW SALE OF LICENCE PROVISION WITH CERTAIN EG.(NUMERICAL EG.)

HOW NAV CAN BE NIL?

CASE 1: IF MUNICIPAL VALUE IS NOT GAV: MUNICIPAL TAX IS CERTAIN % OF MUNICIPAL VALUE SINCE,GAV WILL BE HIGHER THAN MUNICIPAL VALUE SO MUNICIPAL TAX WILL ALSO BE LESS THAN GAV SO HOW IT COULD BE POSSIBLE ???

CASE 2: IF MUNICIPAL VALUE IS GAV: THEN ALSO MUNICIPAL VALUE WILL BE CERTAIN % OF MUNICIPAL VALUE SO AGAIN NAV WILL BE POSITIVE???

JUST TELL ME WHETHER I AM RIGHT OR WRONG THAT MUNICIPAL TAX IS % OF MUNICIPAL VALUE I DON'T THING SO MUNICIPAL VALUE WILL BE MORE THAN 100% OF MUNICIPAL VALUE.

A Machinery (In the Plant & MAchinery Block) is having its WDV in the Financial year opening, during the year for more than 180 days the machinery is stopped for commercial production.

In this circumstances can full depreciation is claimed under Income Tax or Partial depreciation is claimed.

Kindly suggest me in this regard.

If a Machinery which is already depreciated (Put in Use and commenced production) is temporarily stop for a certain period in a financial year. In the FY can depreciation be calculated for the total no of days or it is to be calculated only for the days it is used.