We have joint commercial property (3 story S.C.O) in the name of 5 co-owners(me, my wife, elder brother, younger brother and sister in law), each having 20% share

For tax saving of my friend ,I want to show rental expense of my friend business, in lieu of rent paid for some portion of the above property, after consent of my wife(without consent of my blood relation).Kindly suggest

1. Is it legally viable to show that I have rented out my and my wife share(40 %) , from joint commercial property

2. If No, What can be best way to help my friend( i.e alternative way to show rental expense at same property)

3. If yes,all rental income should be in clubbed in whose total taxable income?Should I ask for cheque from my friend , to show in IT dept.?

any help excel tool for praparing return 16 a form ?
vat return st return? help to learn in above topic

Dear Sir , Pl z suggest capital gain computation on the following; A Individual Purchase the Residential house property On July, 2006 amounting to Rs.40 Lakhs and same property sells by him on may, 12 amounting to Rs. 1.25 Cr. AND on Sep.12 he purchased another house property by Rs. 63 lakhs and same property sold in October , 12 by amounting to Rs. 75 Lakhs and again he purchased another House property on April-13 amounting to Rs. 1 Cr. PLz suggest abt capital gain calculation.

Thanx

what is the cost of acquisition in case of sweat equity shares that should be taken in to account for calculation of capital gain, the FMV or the actual cost at which the shares were purchased?

for f.y. 2011-12

i have to find out that, if partner having remuneration income of rs. 215420/- and interest on capital of rs. 341516/- investment u/s 80C of rs. 73250/- then which ITR i have file and how much tax i have to pay with interest ???

I worked in a company for 8 years
then i joined in another company and worked for 1 year.
now i working in another company. can i get form 16 from the past working companies.

what can i do if the employer did not give that?

Please note the i was filing belated return of a company . While filing the TDS Sheet the TAN No. mentioned by me is wrong. However the Party name and amount is correct.Now in the income tax website TAX credit mismatch is seen. Since the return cannot be revised because it was a belated return and the amount of credit involved is also huge What should i do to Proceed?Kindly Revert.Its Urgent.

Hi, I have Direct Tax Padhuka book pertaining to last assessment year. Is it enough if i buy supplementary book for direct tax issued by the institute or i have to buy new book?
Can i change the book?

Suggest - Vinod gupta or Padhuka with supplementary ? which is best?

And also - AMA - Is it enough if i buy practice manual & compilation because I dont want to refer any other book as the time is too short for May exam.

Hello Everyone,

Please can anyone guide me, under which section T.D.S on the use of scaffolding Material will be deducted. Is it required to be deducted u/s 194C or 194I?.
As the concerned construction company is taking this material on hire for a specific use, for a specific period, after which it is returned to its owners.
Can we treat the same as a machinery hiring for 194I to avail the benefit of slab of 194I.
Please Reply,
Thanking You,

DEAR EXPERTS
I WANT TO KNOW FROM YOU THAT IS PADHUKA`S BOOK FOR INCOME TAX IS BEST THAN V.K. SIGHANIA PLEASE HELP ME BECAUSE I HAVE SOME CONFUSION RELATING TO THIS MATTER.
YOURS` EARLY RESPONSE IS HIGHLY SOLICITED.