Hi,

If A gives Power of Attorny to B. B in turn sells A's property for 1 Crore.
In this Can A avoid tax liabilty for the sales income from Property.

Thanks in advance.

whether should deduct TDS while making payment of DG Set Hiring charges u/s 194C

DEAR SIR / MADAM
PLEASE GIVE ME THE IDEAS REGARDING STUDING PATTERN FOR COSTING THORUGH WHICH I CAN STUDY. I HAVE A PROBLEM REGARDING STUDY HOW I CAN STUDY BECAUSE ALL THE SUBJECT ARE MIXING AND I CANNOT STUDY IT. PLEASE REPLAY ME AS SSON AS POSSIBLE AND GIVE ME A SOLUTION FOR IT.

Pls tell me if loss from house property can be carried forward to next year & be set off from Income from other heads of income like Salary etc if the income from house property is not enough to set off the carry forward loss in the next year.

DEAR SIR/MADAM,
WE ARE GOING TO SHIFT OUR CO FROM ONE ADDRESS TO OTHER ADDRESS. PLEASE TELL ME WHAT CENTRAL EXCISE FORMALITIES TO BE FOLLOWED TO SHIFT BALANCE MATERIALS.
THANKS AND REGARDS,
RAMGOPAL DUTTA

We are a contractor. We were given advance from a party which deducted TDS on the advance payment. No billing was made to that party in current year. How shall we claim the TDS, if no income is there. Should the TDS be carried forward for next year and proportionately credit should be taken in the years of billing, like the method that has been discussed in case of Advance rent (Circular No. 5/2001), or is there any other circular u/s 194C. Please clarify the procedure as soon as possible.

What is the limit of salary for deducting the PF from the salary? Whether it is Rs. 10000 or Rs. 6500?

Suppose a Ltd Co has to pay a hotel bill in which its employees taken food etc of Rs arround 25000/-

whether any TDS implication will arise?

Co has not entered into any contract with Hotel .

It just go to hotel take food and paid.

Also Paid for room rents for that day

at what rate we will record closing stock of investments

Please compute the taxability of a normal individual for A.Y 09-10

Business Income - Rs. 1,00,074
Agricultural Income - Rs. 15,000
LTCG(to be taxed @20%) - Rs. 2,78,344

Whether the agricultural income will get taxed or not