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According to IT act, what is Hindu undivided family?

Replies (9)
I have purchased some shares on march 25 2007. i have sold it on sept 5th 2008. Please tell me i have to show in incometax which financial year either in 2007-2008 or 2008-2009?

Where can i get updated tds deductions at source list?

I have done trading & lossed 20,000 including of all charges. How can i show in capital gains as loss. Which amount to show ie ( inclusive of stt & other charges or exclusive of stt) Please give clear details.

According to IT , what is AOP & BOI?

IT says exemption for amount paid on interest for  loan for payment of fees for wifes & children education? Is it applies to personal loan from any person or only from bank

its applied to only recocnised loan taken from the schedule banks

Originally posted by :Dmohansrj
" Where can i get updated tds deductions at source list? "


 

Search in www.taxmann.com or at www.nsdl.com . I think you might get it in any one of these sites.

Originally posted by :Dmohansrj
" IT says exemption for amount paid on interest for  loan for payment of fees for wifes & children education? Is it applies to personal loan from any person or only from bank "

As per section 80E of IT Act, educational loan interest paid to financial institutions / banks are eligible for deduction. Refer the section.
 

Thanks abhishek for your reply


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