Mr X,resident of india,leaved India in FY:08-09 for the Ist time for a job in Dubai and there he worked for 2 months & returned to India .He got salary of Rs 5 lacs there & no tax has been deducted.
Whether his salary is taxable in India?
Is Yes ?
Would there be difference on taxability if he stayed there for 2 years.
If capital gain accrues after 15th of march so what are the liabilities in the assessees hand,is he liable to pay advance tax on the capital gain and if the assessee doesnt pay advance tax for the capital gain made then what are the consequences.
Can any one tel me the exact difference between the Association of persons and Bodi of individuals and the exat meaning of Artificial juridical person and Local authority.
Please quote any relevent case laws and examples if any for my better understading.
IF ANY PARTY (SAY A) HAS DEDUCTED TDS AT A HIGHER PERCENTAGE ON THE BILLS OF SAY B,
QUERY
IS THERE ANY PROCEDURE SO THAT "B" CAN CLAIM REFUND OF EXCESS AMOUNT DEDUCTED FROM THE I.T. DEPT. IMEDIATELY.
hi friendz,
it is very much clearly given in Section 24 about deduction of interest on borrowed capital . in case of property deemed to be let out, there is no caps on the Interest amount.
plz if there is any case law, or interpreation from department in favour of this pls let me know
thanks
Geeta
what are the uses of money lying in share premium a/c? whether it can be used for normal course of business of the co.?
Also if a company receives application money from a applicant with premium then till allotment how the money + premium received should be disclosed?
Whether share premium is a free reserve?
whether tution fees paid to coaching institutes will be liable for deduction u/s 80C
Can a co-applicant is eligible to get deduction u/s 24b for payment of interest on housing Loan and 80C for repayment of Loan. if yes, please tell me relavent case law or section.
i found case where client had made some alteration in their software and for Fees they paid had service tax as well as VAT in it (on same Amount of Fees)..now as it is professional fees having VAT as well can we deduct TDS ..if yes on what Amount...inclusive of VAT or not??
What will be journal entry for capitalzliation of this fee as software.
What is the procedure for getting refund of excess payment of TDS u/s 192?
The tax has been deducted as well as paid in excess than deductible & payable.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Salary earned outside India