PLS LET ME KNOW WHETHER EDUCATION CESS(.36%)
IS APPLICABLE ON RESEARCH & DEVELOPMENT CESS UNDER
THE R&D CESS ACT 1986
I am a Income Tax assessee as a businessman since last 4 years in Meerut Jurisdiction. i want to know that whether i can fill my Tax return in Hyderabad Jurisdiction for Privous year 2006-2007. However my principal place of business is still Meerut.
The due date of filling of return for financial year 2005-06 was 31/07/2006 and I have submitted the return before the last date. The return submitted by me was not complete due to non availability of TDS certificate. Now I have collected TDS certificate from deductor. I want to submit the TDS certificate to Assessing Officer to place the certificate alongwith my return.Please tell me if there is any form to submit TDS certificate at this stage. In case I have to write simple application please tell me the section of the act I may refer to authorities.
Dear All
i m working with a retail sector company (pantaloon) and we are selling our scape at stores to contractors ,
i want to know is this transaction attracts the libality of TCS
if yes how and why ?
if No why ?
Pls quote case laws or section
Thx
Dinesh
can we make the payment to third party by account payee cheque (e.g goods purchases from abc ltd & payment made to xyz ltd by account payee cheque)
If an assessee is involved in goods transport business and also travelling business( gross receipts not exceeding 5lacs in last 3 years).Is he liable to maintain books of a/c u/s 44AB or can file return u/s 44AE??
Facts
1. The property is in the name of Mr.X
2.The property is leased to Mr. X's company and Mr.X stays there under Lease agreement with Mrs.X
3. The Rental is paid in the name of Mrs X with Form 16A TDS deduction.
4. House property Income is assessed in the name of Mrs.X with deduction being taken for Interest on Housing loan sanctioned in Both Mr.X and Mrs.X's name.
Can the Interest on Housing loan paid be claimed by Mrs.X.
Facts
1. The property is in the name of Mr.X
2.The property is leased to Mr. X's company and Mr.X stays there under Lease agreement with Mrs.X
3. The Rental is paid in the name of Mrs X with Form 16A TDS deduction.
4. House property Income is assessed in the name of Mrs.X with deduction being taken for Interest on Housing loan sanctioned in Both Mr.X and Mrs.X's name.
Can the Interest on Housing loan paid be claimed by Mrs.X.
Is non quoting of PAN No. in Quarterly return will attract apenalty of 10,000/- only or 10000/- per case of non quoting of PAN of deductee.
Complexity of Indian Tax Laws
tds applicability