Mr.X settled his property in favour of his chidren and the enjoyment right including rent receipts in favour of his wife on 18th January 2007.However both Mr.X and his wife are received rent for the finacial year 2007-2008 and the tenant also deducted TDS and issued TDS certificates in both names. Whether the rent receipts are taxed in Mr.X's assessment u/s 64 (iv) or in his wife's assessment or offered as income from other sources in their individual assessments.

Whether the rent received by Mr.X & x's wife is eligible for deduction u/s 24 & Municipal Taxes paid

Mr.X settled his property in favour of his chidren and the enjoyment right including rent receipts in favour of his wife on 18th January 2007.However both Mr.X and his wife are received rent for the finacial year 2007-2008 and the tenant also deducted TDS and issued TDS certificates in both names. Whether the rent receipts are taxed in Mr.X's assessment u/s 64 (iv) or in his wife's assessment or offered as income from other sources in their individual assessments.

I am working as a Free lance Customer support Engineer in India for a foreign company. The company does not have an office in India. I recieve a monthly salary from this company in foreign exchange. The amount is expected to exceed Rs. 10 Lakhs. In case it exceeds, what is my liability for the Service tax. E.g. If the amount goes to Rs. 11 Lakhs, I should pay service tax for full Rs, 11 Lakhs or on the amount exceeding Rs. 10 Lakha ie. Rs. 1 Lakh?

Hi,
Actually my friend filed a IT Return to the Dept. But the return is misplaced, now my friend want that duplicate return from IT dept. it is possible to get, if possible means what we have to do.
Can anyone tell me the solution for that. return filed is July 2006 and July 2007. (Two years return).

Hi All, can anybody tell me how much time ICAI takes to declare the AT result of DISA exam. Recently, the exam was held on 20th December, 2008. When will they declare the result

Hi all,

Can anyone inform me about service tax and TDS matters relating to Goods transport agencies.

Whether the TDS should be deducted on gross amount (including CST,VAT Custom etc.) or it should exclude & only on the net amount. Please quote the circular reference if any.

we have paid consultant charges to a party on 25.01.08 of Rs.224250 after deducting tds as advance payment and we have received the bill in the current year for Rs.250000/-, during the year we have taken into account of Rs.25,750/- as tds payable and paid to the dept.

Now party asking tds certificate for the last year transaction, pl.advise

Can a student be stopped for appearing in final examinations just because he has taken excess leaves (due to some or the other reason)

A Proprietor has incurrend an expenditure of huge amount on rented premises for starting of new business. A rent agreement is non cancellable within period of three years. My question is
Can such expenditure claim over a period of 2 or 3 or 5 years in Income tax Act. Please answer with a case law or section or notification or circular if any.