SIR,

SOME PARTY SEND TDS CERTIFICATE OF INTEREST & COMMISION AFTER SIGNING OF BALANCE SHEET.
WE CAN CLAIM THIS CERTIFICATE AND HOW WE SHOW THE PROFIT IN COMPUTATION i.e. INTEREST AND COMMISSION NOT ACCOUNT FOR IN BALANCE SHEET.
WHAT EFFECT IF WE ENTERED THIS ENTRY IN NEXT YEAR AND WE WANT THOSE TDS CERTIFICATE ADJUCTED IN NEXT YEAR

Wether TDS should be deducted on royalty paid on sales, if yes percentage of TDS.

Wether TDS should be deducted on royalty paid on sales, if yes percentage of TDS.

while making payment for professional fees/technical fees whether tds is to be made on gross amt i.e. inclusive of service tax or service tax portion is to be exclude for making tds

Dear All,

How foreign Co. and domestic Co. is differentiated under IncomeTax Act.Also what is the rate of tax applicable on such Companies.

With Best Regards,
RK

our company one of the group company

In that company two companies are held, called "X" & "Y" Ltd

In X co., tax deducted on contractors bills& amount remitted in Bank (Rs.40,000)
for the last three months (a.y.2007-08).

now find out that contractors bills are not related to X co., related to Y co., only.

Now we are deducting the same bills in Y co and paid to bank (with interest- delayed)? or

please give me any clarification?

In x co the same amount adjusted in oct'07 tds payment?
plz urgent sir.

Dear Sir,

In case of filing ITR-4 through ITD software,in no accounts case when information is filled and then the sheet is verified the error appears that "you have filled both P & L and no accounts case information" where as I haven't filled any information in P/L account(Where accounts are maintained).

Plz provide any solution.

Thank U.

WHAT IS DUE DATE OF TAX DEPOSITION IF PAYMENT AND CREDIT BOTH MADE ON 31.3.2007

Hi,

I have returned from UK after a stay of around 16 months during which I was paid UK salary but no Indian component.

I have paid tax on the same in UK and have filed tax return for the financial year 2006-2007 in UK.

Can you please let me know, whether I need to file income tax return in India also for the financial year 2006-2007?

And if yes, Is there any specific requirement for the same? and By when I can file the return?

Thanks in advance.

Best Regards.

while making payment for professional fees whether tds is tds is to be made on gross amt i.e inclusive of service tax or only on net amt excluding service tax potion