Sir

My husband owns a house at Tiruchi. We stay in Coimbatore. My parents in law were staying in our house at Tiruchi. but now we plant to Lease it out for a period of 11 months. Previously since the propoerty was self occupied, it did not attract tax. But now will this leasing out increase my husband's income tax liablity. If yes, is there any way we can avoid this.

Please give us your valuable suggestion.

Thanking YOu

Sreevidhya

Plz. answer the following in brief:-

1)What is Demerger?
2)What is Amalgamation?
3)What are the difference in these two?
4)What is Speculative Business?

Can a person who is holding place of profit in a Company and getting remuneration from that company get salary or money in whatever form from some other company also?

One thing that comes to my mind is Sitting Fees. Can you suggest some other heads also.

Please reply on urgent basis.

Dear Experts

Please let me know about the procedure to calculate tax on employee's salary of he/ she joins the organisation in between of the financial year.

Also If employee deny to furnish his/ her previous emplyer salary detail then how we can calculate the tax on salary?

Thanks

Sir,

Its very urgent.

Can u provide me the notification which states that assembly election day to be declared a mandatory public holiday.

Thanks

Subhash

WHETHER EXEMPTION OF SERVICE TAX IS AVAILABLE TO SOFTWARE COMPANIES? IF AVAILABLE I WANT A REFERENCE NUMBER OF THAT NOTIFICATION.CAN ANYONE HELP ME????

Does Vehicle Servicing & Telephone expenses(Leased line & internet charges)& Sodexho Passes(food coupons) should we deduct tax u/s 194C on these expenses.

Hiring of Plant for which tax to be deducted or not??

What if the maintenance of plant is carried in the business premises by horticulture nursery??

Whether TDS will be deducted on Payment of rental charges for hiring Computers.

If TDS needs to be deducted under which section?

I want to sale the preference shares subscribed by me to other. Now my question is
1) Can I sale preference share before redemption to others?

2) How to arrive at Valuation of preference shares ?

3) Can I value the preference share on Net Asset Value ?

Please give your opinion and back it up with some legal sections to rely on?