Dear Sir/madam,

Comapny IT Return 31-03-2007
ITR-6 - Schedule-HP Details of Income from House Property.

pls. clarify our query
Only one property - But tenants are many. How the property tax or Municipal tax (in the column(c)tax padi to local authority) can be shown in the relative space and how the names of various tenents are filled.

I have taken loan from an NRI friend and closed my Housing Loan with a Bank. Can I get exemption/relief for Interest payment & repayment of principal paid to NRI friend

Sir,

U/s 56 Amounts received as Gifts exceeding of Rs. 50000/- is taxble in the hands of receipent subjected to Exemptions.

Of Which

Gifts received on the "Occasion of Marriage of Individual" is Exempt

Query: What is Time Period will be considered for " Occasion of Marriage"

Please confirm whether contribution over & above Rs 1 Lacs for each employee is liable to FBT or entire contibution ?
Suppose contribution of one employee is rs 1.25 Lacs then whether Rs 0.25 Lacs is liable to FBT or Rs 1.25 Lacs ?

hello sir,

I am a student of B.K.SCHOOL OF BUSINESS MANAGEMENT and I am doing my project on equity research so I want to know about it in brief.So please tell me what is equity research? and how to do it? Please send some related links.

Thank you,

jignesh gajjar

An Indian citizen, has gone outside india for taking up employment in the previous year 2006-2007 and her stay for that year was more than 180 days in India.

She is resident for the financial year 2006-2007.

And for previous year 2007-2008 she is non resident as she has gone for employment outside india.

Now for the previous year 2007-2008 stay of how many days in india will make her resident in india.
Is it 60 days or 180 days?

Provided she will be coming for offical as well as personal reasons to visit india.

My query is.In one of my clients case the Directors are changing on a Routine basis. In his case most of the Directors are of a Transferable Job hence they do not have a Permanent Address. In case of Address Verification can we use The Certificate issued by the Employer as Address Verification so that the DIN can be approved by the ROC. I also like to know what are the other kinds of documents that can be used for Address & ID Verification (other that the one mentioned on the DIN-1 Form).

I am a bit confused on this matter.

hi

i have a query, that, is there any provisoin for deduction on spouse LIC under Section 80C.

1. if spouse is not working
2. if he/she works but his income is not in any slab & he/she not fill return.
3. if he/she works but his income is not in any slab & he/she fill return.

thaks in advance

Regards

Rate of Service Tax on
RENT INCOME

Could some one explain what exactly are Sub-prime loans and why the same is hurting US economy.