Dear Experts,
I need your help regarding applicability of Sec 195 of Income Tax act.
One Indian company is making payment to foreign branch of another Indain Co in Singapore Dollar.
Weather witholding tax is applicable U/s 195??
IF AN ASSESSEE HAS PROPERITIORSHIP BUSINESS AND ALSO HE IS A PARTNER IN A FIRM
WHICH ITR HE WILL FILL?
There was a mistake in entering the TAN number of the deductor while filing the TDS information in the Income Tax Return .Income tax dept send a notice u/s 143(1).We filed a revised return rectifying the mistake as well as filed a rectification u/s 154 .Now we are receiving a answer to the rectification filed u/s 154 ,where the dept has disallowed the TDS and charged interest on the same and created a demand, Which is not at all geniune.In the reasons for rectification they have mentioned that 26 AS needs to be rectified.The mistake was in the return filed and not 26AS.How do I act now,Please guide.
Answer nowThere is a property valued Rs. 1 Crore was purchase for which, Agreement was made on 15 July 2013. Against this, some paymnet was made before the date of agreement i.e. in January 2013.
Now Payment was made to party without deducting TDS. Whether there is a Liability under sec. 194 IA for deducting TDS
Dear All,
I need to ask, if I want to file ITR for Cooperative Society manualy, what are the documents required to be attached with ITR as may be asked by registrar????
ITR for company filed for AY 2013-2014 on 31.3.2014 , tax was paid in MAT, but Form 29B was not filed, what to do ?
is there any penalty for non filing of Form 29B
what would be consequences for non filing of Form 29B
Good evening to all,
Here is a query regarding the gift amount received by relatives :
Q.1 : what is the maximum amount of gift can father can gift to his / her son daughter? weather the amount of gift received by his son/daughter is taxable for them or not?
Q.2 : If my Father, mother ,grand mother, elder brother , younger sister(married/unmarried)wants to gift Rs. 100000/ each to me. Weather I am eligible to receive the gift from them & upto what maximum limit? Weather this gift income is taxable for me or not?
Kindly please resolve the query at the earliest for which I will be vary thankful.
Regards
Rishabh Agrwal.
Dear CCI members,
While calculating HRA,Fixed DA OR VARIABLE DA OR BOTH TO BE taken into consideration.
Hi sir
Can any one clarify me that my client got notice on feb 2014 that you are not filed your income tax return for the Financila Year 2011-2012 eventhough there is no income..
Please guide me on this.
Thanks in advance
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Tds on sevice tax