Fact: My wife has taken a house on rent against which she has no rent agreement from the land lord. I have taken that house on sub rent from her without any sub rent agreement and as per mutual understanding I am paying the rent Rs. 2100/- to the actual landlord and balace Rs. 5000/- in cash. And as she has no other income she did not file ITR.
Query: Whether I can claim Rs. 7100/- as Rent Receipt on the basis of above fact?
Whether I had to prepare a sub rent agreement for claiming rent receipt?
Whether such income will be clubbed in my income?
Please explain.
I want to submit my Income Tax Return Form No. ITR-4 [ with I.T.Dept. ] for the A.Y. 2007-2008. It is necessary to attached relevant certificates i.e. [ Lic Commission Certificate, Salary certificate, Housing Loan Certificate ] with ITR-4 TO I.T. Department.
Can any one send me the detail rates of TDS on various cases
please explain Rule 5(2) of service tax valuation with example
Does employer need to pay ADMINISTRATION CHARGES charges to ESI departement along with his contribution of 4.75% of wages and 1.75% of employee contribution ,like he does in case of PF payments? If yes, what percentage of total wages has to be paid as administration charges. Challan No.1 which is used for payment of ESI dues has no provision to show administration charges. How does one deal with it?
What is due date Fileing Return AY2008-09 for Company 30 Sept or 31St Oct
AO HAS DENIED CREDIT FOR TDS IN THE RETURN OF INCOME OF PARTNER OF THE FIRM ON THE BASIS THAT THE RELATED INCOME WAS NOT OFFERRED TO TAX.THE FACT REMAINS THAT THE ASSESSEE PARTNER(INDIVIDUAL) OF A PROFESSIONAL FIRM CLAIMED CREDIT FOR TDS ON AUDIT FEE RECEIVED FROM A GOVERNMENT COMPANY WITH WHOM THE AGREEMENT WAS IN THE NAME OF THE PARTNER AND NOT ON THE FIRM'S NAME. FEE CHEQUES WERE RECEIVED FROM THE CLIENT IN THE NAME OF THE PARTNER AND THE FEE WAS ACCOUNTED AND OFFERRED TO TAX BY THE FIRM IN IT'S BOOKS OF ACCOUNTS BY DEBITING THAT PARTNER'S CAPITAL ACCOUNT FOR TDS AMOUNT AND RECEIVING THE NET FEE BACK FROM THE PARTNER'S BANIKING ACCOUNT.
THIS PRACTICE WAS FOLLOWED FOR SEVERAL YEARS SINCE AY 2004-05 AND WAS ACCEPTED BY THE ITD AND RESULTANT REFUND IF ANY WAS ISSUED TO THE ASSESSEE PARTNER.HOWEVER
IN RELATION TO AY 2006-07 , THE AO DENIED THE CREDIT OF TDS ON THE GROUND MENTIONED ABOVE AND A RESULTANT DEMAND WAS MADE.
THE QUERIST SEEKS YOU OPINION ON THE PRACTICE FOLLOWED BY THE FIRM AND THE PARTNER IN THEIR RESPECTIVE RETURNS AND THE MANNER IN WHICH HE SHOULD PROCEED FURTHER IN HIS APPEAL.
We wish to have list of CA from all over the India. Please guide us from where we can obtain?
Our prupose is to forge alliance with them for all matters related to exports, imports, customs, excise, sertive tax, VAT, etc., all related to exports and imports.
Information offered by you will be well appreciated
Mine is the listed co. on the BSE and i like to the know the procedure for Change in the Object Clause and the its compliace?
Sir we arange a postal ballot,
so is it necessary to take a approval of postal ballot from the ROC. or we directly send to shareholders, and suppose we not took the approval and complete the procedure then what is the consequences.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
govt.securites