FOR THE PURPOSE OF CHARGING DEPRICATION UNDER THE COMPANIES ACT WHAT RATE OF DEP. SHOULD APPLY ON LAND & BULDING.OR IT IS POSSIBLE TO NOT DEPRICIATE THE ITEM BECAUSE IT ACCOMPAINED WITH THE NON DEPRICAITE ITEM. PLS TELL ME THE PROCEDURE OF CHARGING THE DEP. ON LAND & BULDING.

hi ,,,im filing etds return of my client,,in this quarter he has deducted the tds on professional in one case at rate of 2%,and deposited the smae,,,now while i am filing the return does it matters or not ,,and what are the remedies plz clarify this,,thanking u

is the rate of interest forlate filling of return in wealth tax is same as in Income Tax ?? pls rply..its urgent

Dear professionals

Pls let me know wat is reclassification of shares?

Is there any specific definition of same provided under Act or any other law?

If we cancel unissued equity share capital and simultaneously create preference shares keeping authorised share capital unchanged. Will it amount to reclassification of shares?

Thanks & regards
CS. Deepika Bhardwaj

A company is formedin which all the directors are NRI. can such company Buy and Sell properties in India and if yes what are the restrictions and permissions applicable in such case?

Is there any Circular or case law relating to rent paid to father or spouse and claiming exemption thereon on such amount. however i could not find any provision in the act for such.

Well however sec. 80GG limits assessee or hisspouse or child to own any residential accomodation. Does this impede any implication on the above matter.

Can an employee take benefit of HRA u/s 10(13A) from more than one company in the same financial year.

If an employee get the treatment of cancer from the hospital approved by CIT at his home, and the expenditures are reimbursed by his employer. Now i want to know whether this reimbursement will be fully exempt or up to Rs 15000(as he is not hospitalised)?

whether payment of tution fees paid for distance learning to panjab technical university is eligible to deduction u/s 80C

I want to know whether alegal firm is required to deduct tax at source from the professional fee paid to the partner for the services rendered by him/her. And if so then what is the threshhold limit upto which TDS deduction is not required.

Mu another query is that whether TDS deduction is required to be made from the stipend paid by such legal firm to the CS Trainee? Is their any threshhold limit for this also beyond which TDS becomes deductible?

Regards,
Shirin