for “Commercial Training and coaching” in India. What are the circumstances under which service tax is not payable by an educational institution.
I am constructing a house on home loan from nationalised bank. The house is under construction. I am paying only the interest now for the 1st installment amount released by the bank. can I get the tax benefit for this interest amount?. When I can get the full tax benefit?
I want to sell my house and invest the long term capital gains in tax saving bonds under section 54. After these bonds mature, on what amount do I have to pay tax?
about financial lease. under income tax act depreciation is provided for the legal owner of the business ie, for lessor, but recently in a case supreme court held that depreciation can be claimed by the lessee also, plz reply.
A person sells a plot of vacant land, purchased over 3 years ago, and from the sale proceeds of the land, he proposes to purchase a flat so that he can avail exemption of long term capital gains tax under section 54F. However, if he already owns one previous flat(house property) can he still avail the tax exemption by purchasing a second house property? Is there any limit to the number of house properties one already owns, prior to the purchase of this new house property, in order to avail the tax exemption under discussion?
Under the Income Tax regulations, how are capital gains from securities taxed. What is the process of filing tax for these transactions with the Income Taz department
and if he can transfer then what is the position of tenant after such transfer of property is done by the landlord.
I have delivered around 2 lakhs work till now for my clients.Should I charge tax (12.36 %) for this?
I heard that to charge tax, minimum company turnover should be 10 lakhs But ,I started my company only 20 days back…How could I know whether mine is 10 lakhs turnover company or not?
I work in a company as customer relationship manager and get salary from that, else than that I also work as announcer in a radio station, for which i have received an amount around 40,000 and tax has also been deducted there on.
My question is under which head my income from radio station should be classified to file income tax return?
Under Professional Income
Under Income from Other Sources
Honerable high court dilhi has ruled out that renting of immovable property cannot be regarded as a service. even than still officials from service tax dept. ask for service tax. for the same. am i liable to pay the tax? what should i do?