Hi Madam/Sir,

My doubt is that in IT Book they have given that

1).senior Citizen means whose Age is 65years or more at any time during the PY.
2).For resident woman also they have given that whose age is below 65years during the PY.

My query is that In a year both can be possible i.e.below 65 and equal to 65 years then which slab rate is applicable?

A company having 2 directors. Both the directors are not drawing any salary. The company donot have any employee.
Whether the FBT is applicable to the company.

Hi,
Would like to know the Statutory and ethical obligation of an auditor being appointed other than the retiring auditor of a public as well as aprivate company

Dear All,
Tds Is Deducted on Total Bill Amount Including Service Tax .?
For Exa.
Bill Amount =20000
Service Tax= 2472
Total = 22472
i Want Know Tds Is Deducted on 20000 or 22472?

Dear sir...

my client filled (A.Y.2007-08) his return himself but a mistake in writting of PAN so that he didnt his refund order.
Now what is the process for it to rectify and refund to get as soon.

Can a salaried person claim deduction u/s 80C and exemption in HRA as well?

Sir our client has setup a unit in rurkee where he got a tax holiday for excise,income tax,etc
now my question is can we claim refund of input service tax. Service are used to produce goods which will be sold in india duty free.

and again if we import services for such units in rurkee, willwe be liable to pay service tax under reverse system.

Hi,

Land purchased on 1.5.1998 for Rs 500000
Cost of Improv. on 1.5.2007 Rs 300000
Sale Proceds on 1.5.2008 Rs.1250000

Index coa 784900

What will be the treatment of Cost of Improvment? It STCG or LTCG?
please suggest
thank

I have Sold a Res.House Property on 21.10.2008. The house was purchased in the year 2004-05.

I have also purchased a plot on dated: 09.05.2007

Can i claim exemption U/s 54 by constructing the plot purchased on 09.05.2007 ?

Give Some Case Laws if exemption can be claimed

hello friendzzzzz
is f.b.t is levievable on expenses which r disallowed under income tax?or it is paid on oxpenses which we book in our accts book i.e. as per co.law.....
example : there is repairs of motor car n we deducted t.d.s but we didnt pay it so our exp.will be disallowed under i.tax and it will be allowed when we actually pay t.d.s so my quest.is when our liabilty of f.b.t will arise when exp.will be allowed or now?