I am residing in Mumbai and I am doing online Technical/IT consultancy service for one US based client. They pays me approx 2-2.5K USD against monthly invoice raised by me. Somewhere I read about International taxation and Transfer pricing rule. Is this applicable to individual professional like me ? I want experts' opinions on this.
Dear Sir / Madam,
Company is registered which is based at Delhi and company has applied for TAN (Delhi based)
Now company opened its another unit at bangalore and obtained all statutory registrations like Excise, labour, pf, esi etc., is it mandatory to apply for TAN also based at bangalore or company can file tds statements based delhi TAN?
Please advise.
We would like to gift Rs 10,000 as a gift for our staff member who is getting married and make that, or some fixed amount, part of the company policy. Is this fully under the scope of TDS i.e. taxable? I see at times limits of Rs 5000.
Answer now
SIR
LITTLE DOUBT I HAVE DEALING PROPRIETOR CONCERN THERE IS NO ACCOUNTS MAINTAIN BOOKS
BUSINESS DEALING LATEX FORUM IF RETAIL BUSINESS CHOOSE INCOME TAX LETTER SEND ME PROFIT AND LOSS AND BALANCE SHEET
HOW CAN I CHOOSE BUSINESS CATEGORY KINDLY INFORM ME SIR NO ACCOUNTS MAINTAIN BOOKS?
Hello Sir,
I have sold 1. Commercial land with commercial building and 2.Residential House( in a remote village) to two buyers in same financial year. My queries are listed below.
1. Should I include both Commercial land sale and Residential House sale in my income tax return. Or just commercial property sale is enough ?
2. Is there any issue if I show the real sale price which is higher than the amount in stamp paper(sale document). Will income tax authorities ask why i shown less in stamp paper and put me into difficulty ?
3.Can I claim 54F exemption, if I am constructing new house in recently purchased land. ( I have no other house)
4. What documents should I prepare as supporting document to claim 54F exemption. I mean house construction expenses bill, house construction completion certificate etc is enough or not? House construction is expected to complete in May 2017. Please Advice....
Thanking you in advance.
We are paying Advance Tax and after that fianlly we are paying Self Assessment Tax then why should we provide Provision for Income Tax
Answer nowHi,
I have one query related to HRA if anyone can help me.
My owner stays in UK and currently I have moved to new Company.
Here, HR person asking for House Agreement which I don't have because Owner is in UK.
In such case, when I am trying to claim HRA in company HR system...it is getting rejected because of no agreement.
Is Agreement mandatory ?
Can I claim HRA without agreement while filling return like from cleartax ?
Regards,
Saurabh
Gud morning We all know that .....HUF cannot invest in its name in ppf but the same HUF can make nvestment in its membera ppf account and avail the benefit of 80C......... My query is if member is also taking benefit of 80c in full from some other means( apart from ppf) of 80c investment... then is it possible for huf to invest in ppf account of that member and avail the benefit of 80c.... Please help
Answer nowif I do have agricultural land but same I do not have cultivated any thing but there is growth of grass which is due to rain whether this is an agricultural activity and can eligible for agricultural land benefit this is just an hypothetical example for clearing my concept of agricultural activity.
Answer nowHi all,
A company applied for TAN in the month of Dec 16 and started deducting TDS from said date, however, it received it's TAN on 14th Jan 2017.
Since the company could not deposit TDS on due date i.e. 7th Jan 2017 in absence of TAN No, Is it required to pay Intrest for said delay?
Transfer pricing applicable for professional service