Is tds to be deducted on the invoice value exclusive of service tax or inclusive of service tax?? plz rpl at d earliest

Sir, I filed an ITR 6 IN A.Y.: 2012-2013 with loss in PGBP income.
In A.Y 2013-2014, I filed ITR 6 without b/f of losses.
Can I b/f the loss in A.Y. 2014-2015, while filing ITR 6.
Means can I get the benifit of b/f of losses in A.Y. 2014-15

Mr. x has suffered share FNO loss of 5 lac..(turnover i.e addition of individual profit n loss is 11 lac)
der is short term capital gain of 7 lac.

now how income will b calculated

1st option.. net income 2 lac .. not taxable return
2nd option.. FNO loss covered U/s 44AD ie 8% of 11 lac Plus STCG n tax thereon.

is it compulsory to opt 2nd option..

plz reply
thanks in advance

Respected Experts ,

I Am Sunita . At The time of my marriage my father gifted me some gold and some cash and after marriage he always gifted me some cash on my birthday and on my marriage Anniversary . l utilized that cash to buy a small land . At the time of my marriage and after my marriage , we were not aware about gift deed or my father hadn't registered that gift and hadn't made a gift deed . It is 30 years old story now . now is it possible to register gift deed after so many years . otherwise that property will add into my income and i will have to submit record in front of ITR from where did i get that money while purchasing that property .... suggest me please

28/06/2013 Wdv Rs180000 sale of all machines in the blk Rs200000 purchase of machine 22/12/13 Rs200000 what will be closing value of blk before depreciation, and whether capital gain will arrise or not.?? ignore depreciation.

I am working as Group-D Employee under West Bengal State Government (Department-Irrigation & Waterways Directorate) since November2012, So that my monthly as well as yearly Income is not upto the mark i.e. less than of Taxable Income. For this reason, my seniors was confused to issuing Form-16 in favour of me as Non-Taxable Income.

I know well to issuance Form-16 for each and every employees where incomes are Taxable and it is mandatory also but as per my knowledge it can be also issuance Form- 16 where incomes are less than Taxable with below mention statement by Employer or Office Authentic Person in Last page.

I.(Emplo yer or Office Authentic Persons Name) ,son of (Father Name of Employer or Office Authentic Persons Name) do here by certify that a sum of Rs. 0.00 (NIL) has been deducted and deposited to the credit of the Central Government. I further certify that the information given above is true, complete and correct and is based on the books of accounts, documents, TDS Statement , TDS deposited and other available records.

Please confirm and clarify its can be issuing Form-16 for employees where incomes are less than Taxable or not.

N.B:- When I was working in Private Finance Company that time our A.V.P of this finance company was issued Form-16 in favour of me as per systematic whereas that time my Annual Income was also Non-Taxable like now and mentioned statement like above as yellow mark with Seal & Sign definitely.

Hi All,

I am looking to set up a company outside India. Please let me know what is the better route for making such investment i.e. under




1) Liberalised Remittance Scheme (LRS) by Resident Individual (max limit of USD 125,000/- p.a.)




OR




2) Overseas Direct Investment (ODI) by Indian Company (max limit of 400% of Net worth)




Please guide me what is the better route of making the investment for setting up of JV outside India.




Also from tax point of view, what is better, keeping in mind the repatriation of funds back in India.




Thanks in advance.

A courts order in Aug 2014, decided that rent has to be paid at Rs.23,293/- w.e.f 01-07-2011. Till then rent was being paid at Rs.8,470/- and no tds was made as it doesnt exceed the limit. Now, Rs.563274/- {(23293-8470)*38 months}has to be paid. whether TDS has to be made now on the total amount and revised return for all the quarters to be filed?? if yes, what is the benefit for payee as he had already filed his returns for those financial years...

Sir,

I have uploaded the 3CD form in wrong format and the assessee has not approved it yet.

Can i reject it form the Assessee' portal and upload it again or there is any other way to upload the new form.

Pls reply its urgent.

I am availing standard deduction U/S 24(a)from the rent received by letting out a shop. Can I also avail depreciation u/s 32 on the same shop also.