Hi

I am Pavan Working in an IT company as a Consultant ,they are paying me by deducting TDS of 10.3 % from my salary . Now if i want to claim for IT Returns what are the document can i submit for the IT Returns.

I mean can i keep the documents like

1. House Rental Receipts /House Rental agreement
2.Medical Bills
3.Insurance Premieum Bills

Can U guide me regarding this and For Much can I claim For it

we have entered an marketing service agreement with another co , for which they give us manpower and marketing service, here my question what is rate of tds deduction.

Dear All,

An Employee has claimed till date Interest on home loan and repayment of Home loan. Now in December ,he sold this home. Now what treatment , we have to do.
Now he submitted Rent Slip on December onwards for HRA Exemption.

Please suggest what treatment we have to do.
CA. B.K.BANSAL

In an Income Tax problem, a lady receving Rs.10,000 and Rs.1,500 as basic pay and D.A. In thas 12% has been deducted as P.F. by employer. Additionaly she is paying every month Rs.4,000 for Provident Fund from her own. Whether own contirbution to PF can be claimed as deduction under Chapter VI-A??????

Dear All,

An Employee has claimed till date Interest on home loan and repayment of Home loan. Now in December ,he sold this home. Now what treatment , we have to do.
Now he submitted Rent Slip on December onwards for HRA Exemption.

Please suggest what treatment we have to do.
CA. B.K.BANSAL

Girish Ahuja book has very simple and easily understandable language. But the problem is that the previous yr question are not solved in each chapter and nor are the latest amendments highlighted. Any suggestion. Otherwise, please suggest some other book for pcc.

Sir,
Iam a trader who buys in tamilnadu and sell in other states. Now, if i buy outright, i suffer 4% VAT but on sales i collect only 2%CST. This way i stand to loose 2% where as often the margin i get is only 3%. What i intended to do is to act as commssion agent buy goods on consingment purchase and do a CST sale. Tax so collected will paid by me every month ans i shall give sale Pattial and Tax paid certificate to my principal.This way i will save not suffer 4% VAT and save 2% on tax.
The problem is many auditors are saying that this mode (Consignment Purchase)of business is not allowed after introduction of VAT. Kindly clarify if the auditors are correct.

MY KNOWN STUDENT SEEKS COACHING CLASS FOR JUNE 2009 CPT EXAM. HE WOULD REQUIRE IT AFTER 7.00PM TO 10.00PM PL SUGGEST, ALSO INFORM ABOUT FEES AND SUBJECTS.
THANK YOU ALL.

Hi I m in the process of declaring proof of my 2008-09 FY investment. I did switch to another employer in Oct08 and yet to receive the previous employer Income and IT detaiils. IN IT declaration form can i leave the Income from previos emplyer blank and delacre it later Or is it absolutely neccesary to declare the prev. income and tax paid at this moment when i declare it to new employer.
Many Thanks.
Rgds,
Gopal.

Sir i have cleared my pe-ii and started my articleship from 1st feb-2009.When will be my final attempt will be due.Is it nov-2009 or Dec-2010.plaese tell me.

Thanks in advance
ranjit