How to Claim Dedcution u/s 80DD?

Updated
My mother (75) was suffering from high blood pressure and experienced stroke in the left side of the brain causing paralysis of the right half of the body,what is medically termed as “right sided hemiplegia ” .She is now bed ridden since 18.12.06 . [...]

What Is The Benefit Of Being Resident But Not Ordinarily Resident?

I recall having come across somewhere that when a non-resident Indian maintaining an own house in US and also being a permanent resident of US visits India for periods that would otherwise classify him as resident, he continues to be a non-resident. Is this true? If so, can you please refer me to any document [...]

Saral Form 2D In Excel Format!

Update (18/5/2007)

Form 2D is no more there from 14/5/2007.CBDT has notified new forms of Return. The new forms are effective from 14/5/2007.For complete article click here.

As you must be aware , CBDT had introduced many new forms and abolished some of the old forms.If you do not know , click here. Saral 2D the old [...]

What Is The Diffrence between PIO and NRI?

Hey your blog is excellent and way better than most sites i have seen keep it up !!
what is the difference between NRI and PIO?Is there a different set of rules for PIOs?I have been filing returns as NRI for the last couple of yrs on income from other sources from moneys recd on death [...]

How to Confirm If Your TDS was deposited by Deductor?

Thanks to online initiative taken by the government, now anyone whose tax has been deducted at source can VIEW if the tax deducted is deposited with the government . Do you want to view? This facility is being provided by NSDL through which Tax information network initiative is being implemented. Following is the excerpts [...]

How Can A Non Resident Get PAN?

Now that CBTD has allowed Non Resident to get a PAN , everyone who is Non resident should get PAN because for most of the financial transaction, PAN is mandatory in India.The circular issued by System wing of CBDT is given below
PAN Circular No. 4 Dated: 11.10.2006
“Following guidelines are issued to facilitate the allotment of [...]

Personal Loan Utilised For Higher Eductaion Eligible For Deduction!

I am working professional in software company. I am doing part-time MBA for which I have paid a fees of 80,000/- during current financial year of 2006-07.For that I took a personal loan & not education loan from ICICI bank. Will I get any tax benefit? komalfriends@rediffmail.com
There is nothing in Section 80E of the I [...]

Can You Avoid Tax Collection At Source ?

I m proprietor of a firm having turnover 2 crore.we are purchasing iron scrap on which we have to deposit 1.1% TCS on sale against Form 27C. We deposit Form 27 C on or before 7th of every month. I would like to ask that what is the last date to receive Form 27C [...]

Should You File the Return IF TDS Certificate is Lost?

I have lost the original form 16 issued by my employer. In such a scenario what are the alternatives for filing tax return as I am unable to attach the Form 16 with my return. mainakdas@…….comUpdate

From Asst. Yr 2007-08, there is no need of TDS certificate enclosure with the return.
You should do two things1. File [...]

When Is Exemption u/s 54F Not Allowable?

I had purchased a plot in Greater Noida in 1997 from a developer. I paid full consideration and the possession was taken in Oct 2003. Got the same registered in my name in April 2005.I want to sell the plot and buy a big size apartment for my family . When can I sell the [...]

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