Respected Sir,

I want to setup a Non Pofit Making organisation for the welfare of the animals. Kindly let me know the provisions of income tax. whether any benefits has been provided in the income tax. Further is 80 G benefits are available for the organisation set up like this?

if a co pay tax according to mat, the credit of amount paid will be taken in next years. my query is credit will be taken of whole amount i.e. including surcharge and education cess or excluding surcharge and education

as we are two brothers and our names are included in the Court decree for compensation receved Rs.1850000/-
and interest on compensation Rs.1825000/- received during the financial year 2008-09, TDS RS.234000/- has been deducted on the interest amount.Whether can we file and claim refund of TDS on individual filing of returns--in our records of right both names are there as basappa , and iswarappa son of bhimappa.Kindly mention the procedure to get refund on indvidual basis seperately.
ours is a urban agriculture land acquired by Govt,HDUDA during 1999-2000 before acquisiton we are using it for our own agriculture till 2001-02.
There is no PAN no mentioned on Form No 16A.

'Z' is giving a contract to 'X' for Rs.100 with a profit margin of 5%...'X' has sub-contracted to 'Y'. After finishing contract 'Y' raised invoice to 'X' with service tax of 10.3% which comes to 110.3%. Again 'X' will invoice 'Z' with 5% profit margin and service tax of 10.3% on the total which comes to Rs.128.04...

in this case 'Z' is paying service tax twice and is getting input credit one time only....

if it is a direct contract 'Z' has to pay Rs.115.81 only but if it is sub-contract 'Z' has to pay Rs.128.04 with differential service tax of Rs.12.23.

is there anyway to reduce the service tax or one time payment...?????

URGENT

Mr X is MD of of ABCD&SONS PVT LTD.
COMPANY HAD ACCUMULATED PROFITS OF RS.750000 AS ON 31.03.2008.
IT GRANTS LOAN OF RS.450000 TO HIS(MR. x, MD) WIFE ON 01.06.2008 FOR PURCHASES OF HOUSE, WHICH WAS REPAID ON 31.12.2008
THE COMPANY CHARGED NO INTEREST ON THE SAID LOAN.
EXAMINE THE CONSEQUENCES OF THESE TRANSACTIONS.
MAKE YOUR OWN ASSUMPTIONS...

(in contest of income from house property.)

MAIL ID :bujji.manu@yahoo.co.in

Dear Sir/Madam

Please provide the depretiation rete for computers used in finance department

parties to be covered under Sec. 40A(2)(b)

is there any chance of postponing the final old syllabus examss?

bujji.manu@yahoo.co.in

Dear sir

Can we change the Depreciation method of the company as and when we required? i e. SLM to WDV, or Vice versa. If Not Why.

Thanks

H M SUBRAMHANYA

can you tell me please, what percentage of pcc result expected to come....?