dear sir,
i would like to know, if it is true that a pensioner can file his returns anytime of the year....
Is there is Central Excise Tribunal in Chennai? where is it? How to file an appeal with them against the order by Salem Office which assessed wrongly.
My client received sum after surrendering policy of future plus of lic of india. The sum was received after 2 years. What I want to know is whether ths same is taxable or exempted u/s 10(10D. Advice me urgent
Dear Experts,
Please let me know the due date of depositing Profession Tax.
My friend has taken a loan jointly with his wife to buy a house property. Basically the loan is sanctioned on my friend's salary and repaying capacity only. EMI is Rs. 17,000/- Whereas my friend's wife salary is Rs.14,800/- only.
My friend has registered the house property in his wife's name only.
In this circumstance whether my friend can claim Interest on salary u/s 24 and deduction u/s 80C for the principal portion paid from his salary income.
Please suggest.
The Builders who enters into property development agreement with land owners, constructs & enters into agremeent for sale of flat/units(while doing construction) are held liable as "Works Contract" under Maharashtra VAT Act, Is it correct ?
If yes, will they be liable for Service Tax ?
Is the ratio of recent Gohati High Court judjement
MAGUS CONSTRUCTION PVT LTD
Vs
UNION OF INDIA
Is applicable to all ?
my sister is retired SR CiTIZEN having pension;returns from ppty-fixed depo.-dividends from shares.at present not taxable.she wants to invest in bank's fix-depo. for 5yrs. The plan is like this;-to invest rs5L for 5yrs. to invest the INTEREST EARNED [mothly/Q]in recurring depo. Q.whether int. earned/deposited in the A/C &then directed to RD.would be ADDED to her income &calculated as total income for that yr.&taxed ?if is so kindly advise tax plannig.
sir,
employers contribution to provident is exempted upto 12% of employee's salary under which sub-section 10. kindly help me in this regard.
with regards
garib nath sah
whether TDS should be deductible for inrest paid on compensation awarded by workmen compensation Act
Tax on Fixed Deposit interest for house-wife.
I am a salaried employee and I pay tax every year after availing all the tax benefits. I want to invest in my wife's name Rs.One lakh in FD Scheme of a private Bank for 1 year.If the interest at the time of maturity is Rs 10500, will any tax be applicable as per Income Tax laws?. I feel that tax should not be applicabe since my wife is not working(She is house-wife).
Request for reply from Tax experts.
R.Rajendran