Interest paid to Co-operative credit societies (commonly known as ‘Patsanstha’) by borrowers – whether...
In the above case, the only possible exception to the general applicability of TDS on interest is provided in Section 194A(3)(iii)(a) to the effect...
Trust offering income lower than 8%, whether 2 audit required?
Query)
I had a query, one of my clients registered charitable trust U/S 12A is running a book store. Gross receipt from the store is...
TDS on interest paid by banks on deposits of Co-op. Milk Federations, Educational Institutions,...
TDS on interest paid by banks on deposits of Co-op. Milk Federations, Educational Institutions, Charitable Trusts, trade unions, scientific research association, Local Authorities etc.
Provisions...
Query on the House Rent Allowance (HRA) exemption?
Query – I am paying a house rent for Rs 14,000/- per month and additional Rs. 1,200/- towards maintenance for which receipt is being...
Chargeability of capital Gain tax in case converted asset [capital asset converted to stock...
Chargeability of capital Gain tax in case converted asset is sold/transferred in parts in different years:
In case converted asset is sold/transferred in parts...
