We have a problem in tds. we are contractor and we raise bill on company and company less its amount by charge DEBIT NOTE for crain hire charge.
So we are require to deduct TDS on such debit note amount in 194C or not.
If yes then what amount ?

A favourable order was passed by the Karnataka High Court in ITA No.783/2008 dt.27-8-2010. Can we get to see the Tribunal order which must have been passed some time during 2008?

Dear sir, I have received a intimation u/s 143(1) for the assessment year 2011-12 in email id that is as under Please find attached the Income tax Intimation U/S 143(1) for PAN AHCxxxxx2C with respect to the return of income filed by you for the Assessment Year 2011-12. In case of variance of Rs. 100 or more, between Tax Credits (TDS/TCS/Advance Tax/Self Assessment Tax) as claimed by you in the Return of Income and the computation under Sec.143(1) per attached Intimation, a separate email will be sent to you providing details on the same. In this issue i have e filed of return and in this i have a refund of tds of Rs 3569/- it is matched with nsdl site view tax credit for 26a but in the intimation from ITD of CPC banglore they does not consider this tds refund and give us a intimation u/s 143(1). so please suggest me what can i do so i get my refund as soon as possible Regards yogesh pancholi

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A partnership firm has loss in its P & L for the year 2011-12. Is it necessary to pass on the loss to the partners or the loss can be retained in a reserve account and next year when the firm earns profit, then the loss of this year can be adjusted & then passed to the partners.

PLZ, HELP ME HOW TO CALCULATE ADVANCE INCOME TAX IN PROPRIETORSHIP FIRM & PARTNERSHIP FIRM & INDIVIDUAL.

A company is going to create second charge over its immovable assets by some consortium banks. The company is not having any tax liability & no tax proceedings pending. Is it still required by the company to seek permission from the Assessing officer U/s 281. Please guide, its urgent.

An Assessee has taken unsecured loan during FY 2010-11 for Rs. 100000/- and the same was mentioned in Point 24 a in 3CD Report. But during current year only interest of 21000 has been credit to his account and no other transaction has taken place and o/s amount at the end of FY was Rs. 112000/-.

shall this credit of interest to his account be treated as acceptance of loan and will any disclosure will be made under point 24 of 3CD Report???

Please revert.

Thanks in anticipation.

if father in law gifts some money to son wife on the occassion of marriage and sons wife further make the investment out of that money than whether such income will be clubbed in the hands of father in law or not?

Hi

I want to file my HUF return online. I am trying to create the log in ID and the site is giving the following errors....

Please recitfy the following errors(s):
•Your first name doesnt match with the data you entered..
•Your mid name doesnt match with the data you entered..
•Your surname name doesnt match with the data you entered..
•Your Fathers name does not match with the data you entered.



How do I rectify the same. Is it possible to file the HUF return online

I have been sent a letter by AC, Income tax to appear for clarifications on September 21 wrt AY2011-12. Since my travel plans with the parent company were fixed well in advance and tickets issued, I have to leave this country on September 19 and return on October 10.

What can I do? Can I appoint my CA to represent my case and submit the acceptance by him as an affidavit?

Also, what is the back up needed by AC, IT?
I have claimed relief under section 90 as taxes were paid in Europe.