SIR, I HAVE SPENT 80000/- FOR MY FATHER MEIDCAL TREATMENT ( HEART PROBLEM) PAID ON APRIL-2008. BUT MY HAS EXPIRED ON THE SAME MONTH. THEY HAVE GIVEN MEDICAL BILLS/DEATH CERTIFICATE AND ALL. I WANT TO KNOW CAN I CLAIM THE SAME FOR MY INCOME TAX? PLS. SUGGEST.

my ctc is 4.20 lakhs per annum. in duduction part 80 c i will claim Rs.1.00 lakh and Home loan interest paid Rs.65000/- after deduction these, i will have to pay tax for Rs. 1.00 lakh tentatively. can u pls. suggest which investment can i make to avoid the tax? pls.revert back to me.

thanks & regards

sudarsan.s.

We are a 100% Export Oriented Unit under EHTP scheme. We are into manufacaturing and export of transformer cores and our LOP also specify that. As we understand that under 100% EOU scheme, trading activities are not permissable. We plan to open a branch office under the same (present) name & style but not covered under 100% EOU scheme and carry out trading activity there - both existing unit and proposed branch unit will have common 'head office. Please advise if we can open a branch and do trading acvitity without availing EOU benifits ?

Regds/OP Shrestha

hi
this is rahul,a CA Final student.In an accident my right hand fractured and went on leave for one and half month.I am affraid of this period for being as EXESS LEAVE. I want to know whether this period can be termed as MEDICAL LEAVE on showing doctor's prescription.

whether transaction done in the future and option market of commodity for the same product of which the assessee is doing manufacturing can be treated as speculation business?

1. A Person to whom Sec 44 AB is applicable from this year whether expenses on which TDS is not deducted shall be allowed as business expense.(Last year Sec 44 AB was not applicable & the assessee has not applied for any TAN No.)
2. A loan has been borrowed by the assesssee for purchasing property .But the same was not used for borrowing & the amount was invested in FD & interest was earned.Whether the interest on loan paid can be claimed as business expenses.(the asseessee is dealing in buying and selling of properties & shares)

i had below exemption limit income in 07-08. i joined a co. in feb. i receive salary on 4th of next month. So, will the salary for the month of March08 recvd in Apr 08 be part of income of AY 2009-10 or for AY08-09??
My co's accountant said i should include it in income for AY 2009-10, but i said it was due in mar so it was for AY2008-09.
What is correct??

what are procesures for provison of gratuity whether is it allowable or not

Assessee has two dependent handicapped brothers.

For one brother who is severely disabled, assessee has actually spent 1 lac for his medical treatement in FY08

And for the second brother he has actually spent 5K for his medical treatment in FY08.

How much deduction can he claim u/s 80DD

hi,
I WANT 2 HV EXTRACTS OF ANY FRESH'&'EXISTING COMPANIES AOA,MOA,REPORT ,APPLICATION FOR REGISTRATION TO ROC,PARTNERSHIP DEED,APPLICATION FOR STARTING BUSINESS OF EXISTING ONE(NOT ANY BLANK FORMS)4 BOTH REGD & NOT REGD FIRM, & SAME FOR SOLE TRADING BUSINESS.
PLZ SEND AS QUICKLY AS POSSIBLE & HENCE I REQUEST U 2 ARRANGE D SAME IN A BRIEF MODE NOT IN ANY LARGE MODE BCOZ IT IS 4 PROJECT WORK 4 B.COM. need very urgent friends, plz help me

THANKING U.