i have made advance payment for profeasional fee s lets say Rs.10cr , and i have deduct the TDS on the same amount @10% U/s 194J and 9cr transfered to the service provider , after 20 day he reject contract for providing professional service and returned 9cr to me ... so how can i claim TDS of Rs. 1cr which i have deposited in to the govt.account....and now i dont have any TDS liability to Adjust the same .so i need your feed back for the same ..

sir,
I donated flat as gift( flat- house at hyderabad) to my sister( married). My question is at what value the asset is to be shown in income tax returns of my sister. As per Gift deed registered the value is Rs. 5,00,000.

i have received notice us 142(1) for the ay 2015-16. you are requried to prepre a true and correct return of your income of a.y 2015-16 in respect of which you are assessable under it act 1961 during the previous year relevant to the assessment year mentioned above. and also mentioned it should be duly verified and signed in accordance with the previous of section 140. pls suggest me what i do?????????

Dear Experts
A private Co made a payment of Rs. 121 lakh to foreign co. in advance for supply of plant and machinery. Please tell
1. Any TDS is deductible u/s 195
2. Any form is applicable for remittance of money (15CA or 15CB)
3. Whether any other provision of IT act is application
Thank You

Dear Sir
i am working with pvt ltd co salary around 22k but not any deduction like TDS. now i require form 16 for home lone purpose how to get it

Hi,

My question is I have purchased the house on full payment of cash and i do not file in IT return. So I wnat to know that Return file is mandatory and how to show house in my books

in sec 80jjaa if emoluments paid otherwise than cash in case of first yr of new business. is it allowed?

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.