please explain about sec56(2)

Sir,

A HUF formed in the year 2015.

Can the Karta and other members of the HUF pay the LIC premium of their existing (old) policies from the HUF account and can claim dedcution u/s 80C in HUF file.

Please guide.

Is Wealth Tax applicable for CA Final November 2015 Exams??..

Hi Expert,
For remitting payment to a service provider outside India, one has to submit details in Form 15CA.

I could download (from Income Tax website) the form but have no much idea as to where it should be uploaded.

Could someone respond with the relevant link?

thanks
kishor

Hello Madam/Sir,
A company has provided in its P&L a sum of Rs. 1.2 crore for payment of bonus in the financial statements. But as per the ordinance passed by the govt in the month of july to pay the bonus at the increased rate, the company paid Rs. 2.5 cr before filing ROI. whether the entire amount of bonus paid is allowed in the Income Tax for that FY.Is there any case law representing the above situation.
Kindly solve the issue as early as possible.
Thanks in advance

In case Donation is Made to a Trust by a company as per the provision of corporate social responsibility, will the same be eligible as Donation under section 80G incase the Trust has Valid Certificate of 80G under Income tax Act since the same is not allowable as Business Expenditure.

From which date TDS provision applicable to Co. Op. Banks. Finance Act, 2015 had withheld exemption from TDS provision.

HELLO,
My client company has failed to appoint the first auditor within 30 days of incorporation.
Now, the appointment of first auditor by the members at EGM requires special or ordinary resolution?
Does it attract filing of MGT-14?

Thanx in advance
we are paying commission on sales to the agent and receiving payment from customers through him so he is paying us after deducting his portion of commision and shipping charges as well and issue us invoice with the amount of shipping charges & commision on sales.


can u plz explain the treatment of TDS here
PLEASE REPLY !

I got an intimation for payment of late fee and interests under 234 E . This is with regards to TDS payment for under construction property

From various posts I understand that the payment needs to be done through ITNR 281. However I need some help/ confirmation to fill the form . Please help with these 4 items

1) Tax deduction account no. = Is it the TAN no. of Seller
2) Type of payment - Should it be (400) TDS/TCS regular assessment
3)Nature of payment - What should be filled here. No option for late payment .
4) After ITNR 281 is filled, do I need to do anything ?

Thanks for all the help .