Is coaching classes came under business or profession for the purpose of Sec 44AB?

Can anyone send me salary structure in which i can save income tax. Remember that i don't want to go in FBT provisions also my administration cost should not increase.

If a holding company provides the service to its 100% subsidiary company what would be service tax liability in the following situation:
i) provide the service without any consideration.
ii) provide the service on cost basis
iii) provice the service on cost+mark up thereon.

1.pl. tell me that 271F is applicale on me or not.
2. Can i file IT Return after 31.03.2008
My Brief is as under
My Gross total Income for the Ass Year 2007-2008 was 125000/- and deduction u/s 80c is Rs. 30000/- after it Net Taxable Income is Rs. 90000/-.

HELLO! EVERYONE I WANT TO CONTINUE MY CA AS WELL AS I WANT TO DO MBA FROM ICFAI COLLEGE. I WANT TO ASK THAT WILL IT BE BENEFIT FOR ME TO DO MBA FROM ICFAI UNIVERSITY ALSO CAN IT BOOST TO MY CAREER IN CASE I LEAVE MY CA AND ALSO I WNT TO KNOW THAT BY DOING FROM ICFAI WILL IT GIVE ANY EFFECTS TO MY CA COURSE AND ON WHICH STREAM SHOULD I DO MY MBA ?PLEASE HELP?

What is the meaning of interest for TDS U/S 194A.If you suggest that meaning of interest as define in section 2(28A),whether we should deduct TDS on Processing Fess U/S 194J or not,If there are any case law, please advice.

HELLO! EVERYONE I WANT TO CONTINUE MY CA AS WELL AS I WANT TO DO MBA FROM ICFAI COLLEGE. I WANT TO ASK THAT WILL IT BE BENEFIT FOR ME TO DO MBA FROM ICFAI UNIVERSITY ALSO CAN IT BOOST TO MY CAREER IN CASE I LEAVE MY CA AND ALSO I WNT TO KNOW THAT BY DOING FROM ICFAI WILL IT GIVE ANY EFFECTS TO MY CA COURSE AND ON WHICH STREAM SHOULD I DO MY MBA ?PLEASE HELP?

Is TDS to be deducted from Payments of a Company to Travel Agents (if in excess of Rs.50,000/annum). What all kind of payments do come under 194C . Is all service providers included under the scope of this sectiom?

my company has not registerd in service tax till yet.now we r proposing for registration.now Is it possible to accumulate all credits now & take credit when registration process completed ?wht abt if F.Y. change ?

Respected Colleagues,

We all know that e payment is now compulsory from 1st April for companies and assessee which is cover u/s 44AB.
My query is that whether its necessary to pay tax from their own a/c ? Means can't we make one separate a/c for our client and can pay all the taxes from this a/c ?
Also tell whether e payment can be done by credit card/debit card? its YES then how it can be?

Please guide me ,

Thanks in Advance,

CA Pranesh Agrawal
Surat