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?

Mr. X expired in Nov. 2016 having petroleum business Turnover 10 Crores. Supplier Company still making invoices in Mr. X name irrespective of fact known. For FY 2016-17 TAX Audit is required? Hw can i conduct audit and with whom DSC?

Dear Sir/Madam,
I work for a Non Banking Finance Company, My question is regarding recent changes in reporting requirements under section 269T in which we have to report the receipts of repayment of loans and advance exceeding Rs. 20000/- otherwise than by account payee cheque. We generally finance auto rickshaws & we receive cash from almost 80% of our borrowers as they generally do not have bank accounts. I want to know if suppose we receive loan installment of Rs. 6000/- per month and 72000/- per year IN Cash from one borrower whether we have to report that also as it is very difficult for an NBFC to report such details then it has such accounts in thousands.

I have taken a health policy for my family. But my mother is the purposer and I am paying the premium from my account. Can I take the income tax benefit.

1. my freind doing media service , he is taking input services in nature of purchase. whether he has to liable to deduct TDS. then in which section he has to deduct.

Dear sir,

If a senior citizen have salaried income, interest income, and income from business or profession. On his business income TDS has been deducted but now he is filling his income tax return the income tax software shows interest on advance tax while TDS has been deducted on Income from Business or Professional.
My question is that
when the tds has been deducted on income from business or profession it means we have deposit income tax on income from business or profession now why is advance tax liabilities arise.

Dear sir,

If a senior citizen have salaried income, interest income, and income from business or profession. On his business income TDS has been deducted but now he is filling his income tax return the income tax software shows interest on advance tax while TDS has been deducted on Income from Business or Professional.
My question is that
when the tds has been deducted on income from business or profession it means we have deposit income tax on income from business or profession now why is advance tax liabilities arise.