creditor has mentioned in the invoice that "DEDUCTION OF TDS NOT APPLICABLE" and accordingly TDS has not been deducted. whether lower deduction or no deduction of TDS certificate is required to obtain to substantiate being what is mentioned in the invoice

Sir ,My uncle is a Project Engineer and the company is deducting TDS at 10% under section 194J. which return should i file actually he is a employee in that organisation.

SIR,

THANKS IN ADVANCE FOR GIVING VALUABLE SUGGESTION
1.MY DOUBT IS AUDIT LIMIT U/SEC.44AB IS RS.1CR OR RAISED TO 2CR
2.AUDIT LIMIT U/SEC44AD IS INCREASED TO 2CR WITH DECLARATION OFNET PROFIT IS LESS THAN 8%
3. IF THE TURNOVER IS NEARLY 1.90CR AND DELCARE @10% NET PROFIT.
HOW HE SHOULD FILE THE INCOME TAX RETURN NOW IT IS EITHER U/SEC 44AB OR 44AD
PL. GIVE ME CORRECT SOLUTION WHICH IS EASY TO FILE THE INCOME TAX
IF HE SHOULD FILE U/SEC 44AB HE SHOULD FILE AUDIT REPORT OR NOT
AND IF HE FILE U/SEC 44AD IS THE SAME POSSIBILITY FOR THE RETURN OR DIRECTLY HE CAN FILE THE RETURN AS A NORMAL ONE

MY CLIENT IS A CONTRACTOR, HE PAYS SALARY TO ONE OF THE EMPLOYEES, THE EMPLOYEE CONTACTS ME THAT HE NEEDS FORM 16 FOR PURPOSE OF PERSONAL LOAN, MY CLIENT IS NOT REGISTERED AS A TAX DEDUCTOR AT TRACES AS HE IS NOT REQUIRED TO BE REGISTERED.
HOW CAN I HELP THE EMPLOYEE IN THIS SITUATION.

Sir
Whether Short Term Capital Gain on Mutual Fund will be proportionate of the total gain for computation of income tax.More precisely I am placing my case as follows.An amount of Rs Ten Lakhs ie 1000000 was invested in a Non Equity Mutual Fund.A year later the value of the investment increased to 10.8 Lakhs ie Rs 1080000..Now due to some exigency we want to withdraw this amount.Actually total capital gain in this case is Rs 80000 which is in fact 7.4% of the total value of Rs 1080000.Now for computation of income tax whether total value of Rs 80000 will be considered which will mean IT HAS NO DIFFERENCE WITH BANK FD DEPOSITS.But if only 7.4% of Rs 80000 is considered the value of capital gain will come out to be Rs 5926 which will levy an income tax of Rs 1831 considering highest tax bracket of 30%.But if total value of Rs 80000 is considered it will lead to an income tax figure of Rs 24720.
a)If we withdraw only Rs 80000 the what will be the tax
b)And if we withdraw Rs 1080000 what will be the tax
Please therefore opine what will be the capital gain Rs 5926 or 80000

With thanks.

if my income is 180000 for fy.2016-17 and capital gain 10000 then i should pay tax or not?

Hi Frends, My query is that, if a business is newly setup, then is it necessary to make TDS deduction while making payment of professional fees or payment to contractor under section 194J or 194C viz Do it require to take TAN registration. Also if in any quarter no TDS deduction happens, is it require to file quarterly TDS return

Is saving bank interest liable to TDS if it exceeds Rs. 10,000 per annum as per section 194A?

for payment of advance tax in case of corporate assesses how to calculate advance tax liability more accurate how to calculate estimated income

Hello sir, If an individual gets rupees 10lakhs RTGS in the FY 2017-18 as a competition for the court case on the sale of building from the seller party by mutual understanding. Then under what is the treatment of this transaction under the head capital gain?