Am I Supposed To Apply For New PAN If I Am Transferred to New Place?

I was working in Kolkatta and had taken PAN No. at Kolkata address.Now I am transferred to Mumbai and I request you to clarify -1. Can I submit my IT Returns at Kolkatta but my currently I do not stay at the address given in PAN.2. Do I have to transfer my IT file to [...]

Is Autism or One Eye Vision Lose Covered u/s 80DD?

My son, 4 years old, when born had certain disabilities. He was having Colobama in both eyes and vision was not there in left eye. He has also been diagnosed to be having Autism. Can I claim Tax benefits for this? Renganathan , Banglore
The loss of vision in one eye or Autism or a [...]

Is Certifiacte of Disability A Must For Claiming Deduction u/s 80DDB?

My father suffered a brain hemmorage on the 25th of feb 09 and is being subsequently treated for the same. The disease diagnosed is dementia and Left side Paralysis and is completely bedridden. The expenses incurred have already crossed Rs 4lacs. Me and my husband have borne most of the expenses and want to claim [...]

Are Husband & Wife Eligible For Interest Deduction u/s 24 , Principal Payment u/s 80C and Also HRA Exemption u/s 10(13) ?

I am Puneet. I alnogwith my Wife is also a Govt. employee. We both are living in Delhi. I alongwith my wife is living in my mother house for which the rent is given by me(only) to her by cheque. One year ago I alongwith my wife had taken a loan Rs.12,80,000/- from the bank [...]

Can Date of Sale Agreement Be Taken As The Date of Purchase of Right in A Flat?

One of my friends had booked a flat with a builder in Dec 2004 for Rs. 48 Lacs & received the allotment letter from the builder in Jan 05. By June 06, he had made a payment of almost Rs. 25 Lacs to the builder in Installment as per work in progress & in July [...]

Is Personality Development Course Conducted by A Management Institute Liable to Service Tax?

If a management school provides a short term personality development residential course to professionals, shall the management school need to pay service tax on the fees received for such course? Shefali Jain , Delhi
Any service provided or to be provided by a commercial training or coaching center in relation to commercial training or coaching [...]

Is Arrears of Pension Received By Wife of Deceased Employee Taxable ?

My Grandfather was in judicial services as district judge, who expired in 2007. My grandmother is now receiving family pension. Last month my grandmother received arrears of pension during the period when my grandfather was alive. Here I would like to emphasise that it is not the arrear of family pension which my grandmother is [...]

Are You Aware Your Refund May Be Due Despite No Refund Claim?

If answers to all the following five question are YES for asst year 2005-06, or Asst Yr 2006-07, or Asst Yr 2007-08 or Asst Year 2008-09 , you may apply for the refund of tax which was paid by you

Whether any addition was made in your assessment of total income u/s 40(a)(ia) [...]

Is Payment of Interest to Foreign Branch of Indian Bank Liable to TDS?

A listed company avails of buyers’ credit in foreign currency from one of the foreign branches of an Indian bank. It repays the loan together with interest in a scheduled manner.The question is whether Tax is to be deducted from the interest payable to the foreign branch of the Indian bank?C V RATNAM DHAVEJI , [...]

TDS Credit Made Simple By CBDT!

There was great difficulties in getting the tax credits in following types of cases

A fixed deposit is in name of minor, the TDS certificate mentions his name. As per the I T Act, his income is added to one of his parents total income. The department while giving tax credit raises question [...]

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