gdp's Comments

Tax Guru : New IT Circular on filing Procedure of New Income Tax Return Form (ITR) for A.Y. 2009-10

Fri, 22 May 2009 13:02:33 +0000

Ya. It was wrongly mentioned as 07-08. We rectified the mistake. Thanks for pointing out the mistake. Keep commenting.

Tax Guru : Comparison between Insurance linked Plan, New Pension Plan, EPF and PPF

Fri, 22 May 2009 12:52:34 +0000

Review done and necessary changes been made. Thanks for pointing out. Keep reading and commenting. It will help us improve further.

Tax Guru : New IT Circular on filing Procedure of New Income Tax Return Form (ITR) for A.Y. 2009-10

Fri, 22 May 2009 07:39:05 +0000

I will correct the same at the earliest. Thanks.

Tax Guru : NEW RULES IN RESPECT OF CASH PAYMENT OF MORE THEN RS. 20000/-

Fri, 22 May 2009 05:46:53 +0000

Now uploaded in html format. Content can be easily copied now for use.

Tax Guru : New IT Circular on filing Procedure of New Income Tax Return Form (ITR) for A.Y. 2009-10

Fri, 22 May 2009 05:40:16 +0000

Download the same from the following location :- http://www.taxguru.in/income-tax/download-itr-1-f...

Tax Guru : Limitation period for passing order u/s 201 of IT Act in absence of any express provision in Act

Thu, 21 May 2009 04:50:08 +0000

Dear Hemraghu, I mailed the full text of the judgment on your mail id mentioned above.

Tax Guru : Interest Free Loan from a non-relative is not liable to tax

Fri, 15 May 2009 09:44:45 +0000

Decided by ITAT Mumbai in the case of Chandrakant H. Shah v. ITO . Appeal No. ITA NO. 3966/MUM/2008 Decided on JANUARY 12, 2008.

Tax Guru : Got Married; create HUF to save tax & format of deed for creation of HUF

Tue, 12 May 2009 13:41:37 +0000

If you give Loan as Interest Free then it should be out of your interest free fund. Although clubbing provisions not applicable in respect of Loan by Individual to Huf but ITO is surely add the same to income of Individual. Instead of giving loan you gift the amount to HUF and it will not have any effect on your Income Tax Return. HUF being a group of Individuals can not have any blood relations , however the existance of HUF is based on existence of Individuals. Without Individuals there cannot be any HUF . As such , in my view the word Relative used in section is also in relation with HUF and gift received from any relative of any member of HUF should not be taxable .

Tax Guru : Now Expect Income Tax Refund in Four Months

Tue, 12 May 2009 11:05:34 +0000

I don\\\'t think they are efficient enough to handle mails. If u can\\\'t submit personally then in addition to mail send it by post too.

Tax Guru : Analysis of relief provided in Forex accounting norm for companies

Fri, 8 May 2009 16:56:02 +0000

thanks. I just try to provide as many relevant things as I can in limited time available.

Tax Guru : ICAI sought Clarification regarding new Form No.17 - from CBDT

Thu, 7 May 2009 15:53:02 +0000

Department has allowed payment in old form 281 as facility for payment in form 17 not yet available.

Tax Guru : ICAI sought Clarification regarding new Form No.17 - from CBDT

Thu, 7 May 2009 06:56:39 +0000

Yes you can as facility to pay through new form 17 is not yet available. CBDT is expected to issue a circular in a day or two allowing payment in old form 281 till 30th June 2009.

Tax Guru : Got Married; create HUF to save tax & format of deed for creation of HUF

Wed, 6 May 2009 01:21:31 +0000

I am not been able to understand what actually you need. Do u need some more info on HUF?

Tax Guru : Commercial Vehicle Acquired b/w 01.01.2009 to 31.03.2009 will be eligible to depreciation @ 50%

Mon, 4 May 2009 12:08:31 +0000

The benefit of enhanced depreciation on commercial vehicles has been extended up to 30th September 2009 vide notification dated 21st April, 2009 issued by CBDT.

Tax Guru : ICAI issued notices to E&Y, Deloitte

Sat, 2 May 2009 11:13:09 +0000

They not seem to be in a mood to do so.

Tax Guru : Service Tax Returns Preparer Scheme

Thu, 30 Apr 2009 09:44:19 +0000

More detail on service tax return preparer scheme can be found at http://www.trpscheme.com/trp/index.jsp

Tax Guru : Announcement regarding the transfer of articles

Thu, 30 Apr 2009 09:42:09 +0000

I agree with you. I think Article should have liberty to decide with whom he want to complete his training. If you are good enough as a principle no article will take transfer.

Tax Guru : Amendment in Form 3CD- Download the Revised Form 3CD in Excel Format

Thu, 30 Apr 2009 09:39:04 +0000

Dear Sushanta Kumar Swain, Thanks for the appreciation. It will surely help me do the better in future. Do ask your friends to subscribe to our website.

Tax Guru : Govt not fully geared up for change in TDS Rules relating to payment of TDS

Wed, 29 Apr 2009 17:13:45 +0000

You need to pay TDS for A.Y. 2010-11 in form 17. Form A.Y. 2009-10 old forms are applicable. It is true form 17 is not yet available.

Tax Guru : CBI raids premises of CIT in Delhi, Kanpur and Bangalore; seizes cash of Rs 66 lakh

Wed, 29 Apr 2009 08:20:56 +0000

No I am not the member.