Hi

Can anybody help me out with the below query?

Is TDS applicable to car parking charges paid to individuals by the company?

Thanks in advance.

A recovery agent uses dialer for calling to customer. Rental charges paid for dialer and software used for calling. Does TDS applicable for such rent if Yes rate of TDS & under which section.

Hi

Is TDS applicable to brokerage charges for commodity trading?

Thanks in advance.

Can Maternal Uncle (mother's own brother) gift 7 lk.. without any tax implications?
(The purpose is to trnsfr this money (equivalent) to UK to assist in purchase of the property.)

Dear Sir/Madam,
In last financial Year, I had transferred money of around 20 Lakhs in different different chunks on different different dates as per need from my HDFC Saving Bank Account to my Wife's S/B Account of HDFC where she is primary and I am joint in that.

1) Can Income tax department ask for reason as mandatory or optional later on for reason of transfer of money across the other account ?
2) Would it be taxable ? I got to know that transfer across relatives is not taxable. Pls confirm.
3) At what level , I may be required to show proof of this as a gift deed , Like a proper registry or a simple notarized affidavit or Just a simple plain gift deed declaration format signed by both of us along with a witness would be a sufficient proof to show later on.
Pls advise.

IS TDS applicable on processing fee paid to NBFC ? please advise.
We have paid processing fee etc to NBFC , Should be required to deposit TDS on this Processing fee.

Hi Experts

Do we have to withhold TDS on foreign exchange conversion fees offered by banks such as HDFC, JPMC, and CITI to their customers Inward Remittances

Dear Sir/Madam,
I have two queries for FORM 26QB - Total value of consideration for 2 Buyers ( husband & wife) and one seller.
The Total Consideration given by builder is 64,92,000.
We both are paying 50% each through installments , means 3246000 from my side and from wife side.
1st Query is while filling separate form26QB(s) , for the field "Total Value of Consideration (Property Value) *", should each of us enter 64,92,000 every time or 32,46,000 (half of 64,92,000) every time.

2nd Query is when we come to last installment option as YES, and fill in 32,46,000 in the field "Total stamp duty value of the property (C) *" , then it auto populates the field "Amount on which TDS to be deducted (D)
*" with whatever is maximum of the ( current Installment + sum of previously paid installments ) or "Total Stamp Duty value of the property" and also showing it disabled whereas we have a very small current last installment left on which TDS is to be deducted and for which we opted yes last installment.
We have already paid the 1% TDS on previous installments(considerations) filled in our previous 26QBs separately.

I have taken a personal for house construction can I save my tax by showing the interest that I am paying?

as per income tax law 269 st can a partnership firm has right to take cash of 150000 in a day for 3 days as 450000 as a capital contribution from one of the partner