MY BROTHER IS AN NRI, AMERICAN CITIZEN. HE PURCHASED A HOUSE IN NOIDA AND RENT IT OUT TO A COMPANY ON 15-9-2008 ON MONTHLY RENTAL OF RS.20000. COMPANY PAYING HOUSE RENT AFTER DEDUCTING TDS @15%. MY BROTHER HAS NO OTHER INCOME IN INDIA EXCEPT INTEREST INCOME FROM HIS NRE & NRO ACCOUNT.

IS THERE A PROVISION IN INCOME TAX ACT THAT MY BROTHER CAN APPLY FOR TDS EXEMPTION.

I AM HIS POA IN INDIA

A.KUMAR

Dear Sir,

What is the % of disallowance on office equipement & furniture . I think It is 4% & remaining is allowable for Set off.
is it right?

whether IIT'ian is a professional in case serving as a consultant at coaching class, preparing students for IIT exams

I HAVE REGISTERED FIVE TIMES FOR BECOMING EXPERT STILL SITE SHOWS THAT MY APPLICATION IS PENDING.
CAN ANYONE TELL ME HOW TO BECOME EXPERT?

AS per Recent Amendement in sec40 for Dis allowance : Wheather Tax deductible in the month of April to Feb , but it was deducted in march and TDS is remmitted before due date u/s139 - w+heather it is allowable or Not.?

Hello

I was registered with ICAI in Aug,2000 for CA intermediate.And also appeared for the exams under intermediate and PE-II course. I have also completed my 3 years article training. My last attempt was May,2005. After that I discontinued my course.Now I want opinion that:-
1) Am I elgible for the last PE-II exmas to be held in May,2009.

2) If not, than how can I continue my course. Will there be new registeration or my old registeration will be renewed.

I Have A Problem About a individual having only insurance commission,& i couldn't Identify which ITR Form he have to submit.& what is the last date to submit Income tax for Individual

I Have A Problem About a individual having only insurance commission,& i couldn't Identify which ITR Form he have to submit.& what is the last date to submit Income tax for Individual

I want to clarify my doubt. According to my knowledge there is no definition of month or part of month in Income tax Act. In my example payment of excess tax is not for A.Y 2008-09 but it could be for any A.Y. Further the same is paid by cash and it is not an advance tax. Thus, as per section 244A, interest is to be given on and from 15-1-08. In public there are various meaning like 30 days=1 month or English month Jan. Feb etc.

But to public in general, month is to be understood as Jan. Feb etc.

With above view whether it would be a correct if we considered Jan as full month otherwise it is part of month (15th). similarlly 15th Aug.is part month would be considered as full month.

Now suppose i have made the payment on 31-1-08 and refund received on 2-3-08.

Please advise whether it would be correct to say int is to be given for 3 months and not for 1 month?

plz cud sb give the full name; price;and publication's name of the SURBHI BANSAL's book for AUDITING AND ASSURANCE(pcc) as sugested by kapil thakore sir to me?