One registered trust has only interest income and no donation.It donates amounts to another trust having the same object as the donor trust,out of that year's interest income. Is this treated as application for trust purpose?
It also make donation to another trust with same objects, out of the fund accumulated/set apart in the earlier years. Can this be considered as application out of the special fund and claim tax benefits?

Hi

I have submitted form 103 for articleship registration on 22 April 2013 but in it I have not mentioned anything about my b.com ( from correspondence ) as I was not willing to continue with it.

But now I want to give my upcoming 2nd year exams.

What should I do? Should I only submit the form 112 ? Or do I need to do something else?

Further, when asked about any other course of study in form 103 I selected NO.

Dear sir,pls tell me with clarification with easyenglish that what is secured loan and unsecured loan?

dear sir,

My client is a trustee of one of the religious trust. During fy 2012-13, a temple has been constructed by the trust. They have received around rs 12 lakhs as donations out of which a temple has been constructed.

Is it necessary for the trust to deduct tds out of the payment made to contractors for construction purpose..?

Cost of construction has been capitalized but is it necessary to deduct tds u/s 194 c..?

Please help freinds..

Dear sir,which expenses include in preliminary expenses?moreover,what is difference between miscllaneous expenses & miscellaneous expenditure. Regards,vijay

dear sir,

i am sumit from bangalore.

i have 2 queries as follows:

1. can i use money obtained from personal loan to trade in commodity futures? is it legal as per indian regulatory and tax laws.
2. i am a salaried person. my wife is house wife, can i take personal loan in my name at 16 percent interest rate and give this money to my wife at 16 percent interest rate and she use this money to trade in commodity futures. if this is legal as per indian regulatory and tax laws. is the tax on profit earned by my wife in above case will be paid by my wife or by me?


please help me in clearing my doubts.

thanks in advance

when input is very high but its availment is very low upto 15% of d input . wat is d remeady available under d Law ? whether it can be refunded?

can someone plz provide me a sample of cover letter...for job in Banks
thnx in advance

i have a query
Tax deducted at source for
Annual Maintenance Contracts on Lifts and Elevators
should be deducted under Section 194C (2%) as maintenance contracts or under 194j (10%) as technical services??
Reply asap

I want to Income tax Return file Basic Salary 12550.00 P.M. PF 1506.00 ESI 220.00 P.T.200.00 how to calculate my income.