What is a defination of commission?

what is a defination of commission agent

I & my Husband jointly purchase house. we both paid home loan jointly but from induvidual earning. we manage seprate account for the same to pay individually.
please guide me what is the bebefit limit in income tax?

Can benefit of limit of interest of Rs 150000/- & principal Rs 100000/- enjoy by both seperately?

A company engaging in developing and constructing Housing Projects in india.Eligible to Claim Sec.80ib(10).Seperately accounted land in fixed asset schedule as the land is purchased in the name of the company.profit on sale of land is seperately accounted .Whether the profit on sale of land is also eligible to claim deduction u/sec.80IB(10)?

wht r the reasons onthe basis of which transfer can be taken from one firm to another firm?

Can any one tell me whether ICAI has given any format for Article Work Diary to be maintained by all students? Also I want to ask you all whether it is mandatory to submit the work diary to ICAI every year of articleship?

Respected Sirs,

Please clarify whether service tax is applicable on Returnable rental Advance. If applicable the relevant provisions of Law and if No relevant case laws etc

Best Regards
A Chandrasekar

can any one tell me about sending the return of income tax to benglore

For Audit, what should i prefer...?

WE HAVE DEDUTED TDS ON A VENDOR FROM 01-APR TILL 31-MAR-09 AND AS WE HAVE MADE PAYMENT TO THE GOVERMENT ON 7th OF THE FOLLOWING MONTH AND FOR 31-MAR WE HAVE PAID ON 30-MAY , HENCE WOULD LIKE TO KNOW HOW TO ISSUE TDS CERTIFICATE, BECAOUSE AS PER THE LAW, IT IS TO BE ISSUE WITH 30 DAY FROM THE END OF THE FINANCAL YEAR, SO DOES IT MEAN THAT I HAVE TO ISSUE TWO CETIFICATE ONE FROM 01.04 TO 30.03.09 WITH ISSUE DT. BEFORE ONE MONTH FROM THE END FOR FINANCAL YEAR AND SECOND CERIFICATE FOR 31.03 WITH ISSUE DT 31.05.09
(Mr. Dashrath Maheshwari my e-mail id is atulamin@rediffmail.com kindly forward me the notification)

THE ASSESSEE WHILE FILING INCOME TAX RETURN WRONGLY TOOK BENEFIT OF EXEMPTION U/S 54 i.e. INVESTMENT IN NEW PROPERTY WHEN THE ORIGINAL ASSET WAS NOT HELD FOR MORE THAN THREE YEARS. DURING THE ASSESSMENT PROCEEDINGS U/S 143(2) THE INCOME TAX OFFICER POINTED THIS AND TOOK THE CAPITAL GAIN AS SHORT TERM. ACCORDINGLY, THE DEMAND WAS PAID BY THE ASSESSEE.

NOW THE INCOME TAX OFFICER HAS INITITAED CONCEALMENT PROCEEDINGS U/S 271 (1)(c) OF THE ACT.

I WOULD LIKE TO KNOW WHETHER ABOVE TRANSACTION WILL AMOUNT TO CONCEALMENT OR MERE CLASSIFICATION UNDER WRONG HEAD OF INCOME. WHAT ARE THE CHANCES OF SUCCEDDING IF ASSESSEE GOES IN APPEAL ?