IS MUNCIPAL BOARD IS EXEMPT FROM TDS ON RECEIPT OF INCOMES BY WAY OF INTEREST ON FD'S ETC. IN REFERENCE TO SECTION 196 (i) OF I. T. ACT, 1961.
IS MUNCIPALITY OR LOCAL AUTHORITY AS MUNICIPAL BOARD IS GOVERNMENT AS PER SECTION 196(i) OF I.T.ACT, 1961

dear sir
an commission holder agent used car for his business and personal purposes, hence
what is the proportionate depriciation he get as a business expenses? please help me sir thanks......

how to reg and cal procedure of pf and esi

Hey Guys im an existing IPCC user,And i have also finished my graduation(B.com). Now i have a query that the results are to be declared by the 5th of Feb,my exmas were good i have appeared for both groups i have positive hopes that i will clear but as we know its IPCC results sometimes things dont wok accordingly. So now when I went to the Cuff Parae institute(3 months back probably) they told me that registration for Direct Entry for the Nov attempt is 31st Jan2013. And i want to start my articleship any how after results if I clear then through IPCC normal approach,and if by any chance I dont clear,I want to start my articleship through direct entry.I have completed my Orientation as well as ITT so i am eligible to start my articleship through direct entry. So is there anything I can do because if i wait for my results till the 5th of Feb then i would miss the opportunity to register for the November attempt exam. Can there be anything done for existing IPCC students so that they can wait for their results as well as if they dont clear they can register for the Nov attempt.
PLEASE REPLY FAST

dear sir
deposited of LIC premium treated as investment or not in balance sheet if yes
there is no option in investment there only in long term investment a coloumn
govt securities and in short term envestment shares, debantures etc.so please
advivice me tretment of deposited lic premium in b/s. thanks......

dear sir
where i shown the vale of household goods
of Rs 42500 in balance sheet as fixed assets or current assets? in fixed assets
schedule there gross block less: depriciation = net block but here house hold goods is not used for the business so not get depriciation, please advice me thanks,

Any Individual person Sell a residential flat and after 4years he purchase a new residential flat. He will liable to pay tax or not?

dear sir
car loan taken from tata motors 0f Rs 280000 and repayment of rs 7300*10=73000
upto 31 mar. 2011 so balance 280000-730000=
207000 show as unsecurted loan or sundry creditors in balance sheet or other treatment and advice me the treatment of intarest thereon of Rs 23355 in p/l a/c and b/s? thanks sir......help me

i have filled my income tax return both manually and online symoultaneously. is this not correct proces to get income tax return or income tax department will count my tax twice? i have sent ITR-V to bangalore.my tds is not showing on the 26AS form.

individual assessee provides 2 services :- rental of immovabble & brokerage in cloth business.

service tax on rental income was collected in bill and hence, paid off via challan to department.

for brokerage, no service tax is collected.

total of both is only rs.8 lakhs a year (this is 1st year).

My querry :-
this rule that once payment is made of service tax, option to claim exemption of 10 lac in a year is no more applicable.

So now,can he claim 10 lac exemption?

my view- he had paid only as he had collected, he still can claim 10 lac exemptin.

any views,
regards, ca kunjan , kunjan@nsc.in www.nsc.in