Respected Seniors,
What will be the result if Tds deducted is not accurate or according to the law?
e.g. If HRA exemption u/s 10 (13A)is given to an employee for a rented house in other state while he is living in his own house at the place of present posting. He has a loan for that house & also availing deduction u/s 24 (b).
The Emploee is posted at X city. He has his own house in that city. But he wants exemption u/s 10(13A) for a rented house in city Y because his family lives there.
But as per sec. 10(13A) he can not claim exemption if he is not living in that house. Am I right.
If a person of indian origin want to leave India & he was going out of India tnan he has required Tax clearance Certificet from income tax department for going out of india?
Dear Sir,
Please reply my question that how can be treated the key man scheme insurance which premium is paid by the company.
If a Company pays freight to 'Goods Transport Agency', Then company is liable to pay Service Tax to Govt.
So, the service tax amount to be taken as 'input credit or output Credit' if take as putout credit then it can be setoff to input credit?
How the tax assessment is done on share & Stock.
Dear sir
while submitting the return of income of one of my client, my assistant had wrongly entered the PAN no. of her husband instead of her PAn No whili filing her return of income for the AY 2007-08 through efiling mode. at that time the system had accepted the same in that PAN no (without showing that the name in return is wrong) in the month of MArch 2008. now the Income tax officer has issued a penalty notice u/s 272B for quoting of wrong PAN no accepting that return of income was her only. kindly suggest me how i resolve this case
sir ,
we are service provider can we claim the input service tax on input service like rent , courier charges , telephone charges 100% our turnover is not more than 15 lack.
Whether bank account of the assessee can be attached by the Income tax officer for recovery of demand ,before finalisation of thje first appeal before CIT (A).
If No, then please give the case/ law reference.
We are providing taxable service and our turnover is not more than 15 lacks can we claim the input credit full on input services like telephone charges , courier charges , rent etc can u give any examle.
Is it required for a trading concern to renumber the page nos every Financial year or can we continue the series since it is SAP software. Ex: Right now it is 1066 series can i start from 1067 in FY 09-10. Do i need to start from 1 instead.
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