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Smitha   24 November 2009 at 18:22

tax benefits

sir/madam,

i wanted to know whether my husband can claim full tax benefit on a flat for which he alone is taking loan but is registered in both of our names.i am not working and dont have any source of income.

Rajesh Kumar jakka   24 November 2009 at 14:16

Regarding Firxing of MRP for fire safety goods

Dear Experts,


one of my friend is running a fire safety products manufacturing company, who are selling them to the consumers directly.

and till date we are not fixing any MRP on the products.

My doubt is, the MRP is required to be printed on the goods?

if so, as per which Act?

Please provide me the necessar information in this regard.

by
Raj

Anonymous   24 November 2009 at 11:05

TDS on payments to Port Trust Authorities

Dear Expert,

we have paid some amount to PTA- channai as port dues.

is TDS deducted on such payments or not?

Please clarify my doubt.

is there any special circular or case law in this regard?

by
Raj

Sudhir Indapurkar   23 November 2009 at 18:06

Validity of assessement u/s 143(3) of I Tax Act,1961

Remedy open to assessee after completion of assessement is either to file Appeal with CIT Appeals or file Revision pettition with Commissioner of Income Tax.In one of the cases Assessement order u/s 143(3) r.w.s.153C has been passed with specific approval of Commissioner of Income tax.Is it proper? Can assessee go for revision against such assessement order?

Prashant   23 November 2009 at 17:37

Reimbursement of medical expenses

Dear All

I am going to join new company from Dec 09. My CTC includes "Reimbursement of medical expenses" worth Rs 1250/- p.m. The said amount will be paid to me against the submission of medical bills. if I don't provide the bills then it will be paid at the end of the year after deducting the Income Tax.
Now my question is, my mother underwent heavy medical treatment & I have medical bills worth Rs 1.00 lakh but they are pertaining to Sept 09. So can I submit these bills to my new company & claim the reimbursement against these bills becasue when I incurred this expenses, I was not in this company.
Can I claim these bills till 31-03-2010


Thanks in advance

Anonymous   23 November 2009 at 16:03

Gift from a relative

My sister wants to give a gift of Rs 1 lakh. I want the draft of a letter which my sister should give along with the cheque. The proforma of the acceptance of the givt may also be given.

Anonymous   23 November 2009 at 10:42

I.TAX BENIFITS IN EOI (100%)

HI ALL DEARS
WE HAVE BEEN TAKEN EOU PERMSN FOR NEW UNIT IN YR2009.10 INVESTMNT & MACHINRY ALSO READY. BUT WE NOT STRATED OUR MANUFACTRING STILL. WE NEED KNOW THAT FROM WHICH YEAR EXMPTION WILL TAKE PLACE FOR SAVING OF PROFIT ,OR NOT TO PAY I.TAX ON PRIFIT . WE R IN NOIDA BUT NOT IN EXPORT ZONE. EXEMPTION WILL ALOW FOR WHICH PERIOD TO WHICH YR. IT IS COMPLSURY TO TAKE SALES /PUR. IN THIS YERA OR WE TAKE IN NEXT YEAR SO THAT WE ACN SAVE FULL YEAR, TAX PURPOSE. PLS HELP US ON THIS MATER . ANY SE.I.TAX IS THERE ?

Anonymous   22 November 2009 at 12:15

punjab vat and cst

sir,
pls send me complete set for the vat no and cst no along with annexure i,ii,iii,
and surety bonds

thanks

hussain   21 November 2009 at 15:57

share application money

whether a father can invest money in shares in the name of minor son

Rajesh Kumar jakka   21 November 2009 at 11:16

Regarding TDS on Port Dues

Dear Expert,

recently we have imported some of the capital goods from china and for that we have paid some amount to the Channai port trust authorities.

my doubt is whether TDS on such payment is required to be deducted or not?

is there any circular in this regard to deduct the TDS on payments to Govt or Govt authorities?

By
Raj