Dear sir,
Whether LTCG exemption could be claimed for listed shares sold through private arrangement / inter se transfer among promoter group through off market method?
If not possible let me know other alternative ways to claim LTCG.
Kindly suggest me...!
Regards,
A LTD, A HEALTHCARE SERVICE PRIVIDER, HAS OBTAINED A SPECIALISED MACHINE FROM B. LTD. FOR PROVIDING THE TREATMENT TO PATIENTS.
THE AGREEMENT BETWEEN A. LTD. & B. LTD. STATES THAT THE FEES RECEIVED FROM PATIENTS WILL BE SHARED IN A SPECIFIC RATIO. I CASE THERE ARE NO PATIENTS FOR A PARTICULAR MONTH, THEN THERE WOULD NOT BE ANY PAYMENT TO B. LTD.
IS A. LTD. LIABLE TO DEDUCT TAX AT SOURCE AGAINST PAYMENTS MADE TO B. LTD.?
UNDER WHAT SECTION?
Payment made to non-resident(USA) for online subscription of journals whether assessee is liable to deduct tax or not. Which DTAA is applicable
Answer nowDear Sir,
I am running a educational trust by hiring a building for rent. The landlord is applying service tax on rent. Is it applicable or not.Pl clarify.
Naveen Prabhu
Company reimburse the petrol expneses(Rs.9000/- P.M.) and Driver allowances(Rs.8000/-P.M.) incurred by the employee for commuting from residence to office and from office to reidence. The Car is owned by the employee and the capacity of the car exceeds 1.6 ltr.
Can I allow full amount of Driver allowances to employee as non Taxable
Please advice
We have a client participating in International transaction with a party of a country with which India has DTAA. As per the clauses of DTAA, TDS is to be deducted at 10.3% Now, as per amended provisions of Income Tax, if PAN is not provided, 20% TDS is deductible. We have filed return of TDS by deducting 10.3% TDS. Now, a query is raised by dept. demanding arrears of TDS of remaining 10.3%. What should be done???? Plz reply as soon as possible with reference to related case laws if any.....
Answer now
Dear Sir
What is the method of calculation of 80G Deduction.
Can anyone help me out with example
Sir,
want to know will my PF be taxable in case of with drawl?
i joined Asian Paints(AP) in sep 2005 and left in dec 2008 , then joined nestle(N) in dec 2008 and worked there till feb 2010.
i had transferred my pf from AP TO N and till date ie on 28.01.2012 all pf money (approx 1.16 lakhs) is lying with nestle trust.
pls tell me whether there will be any TDS Deduction?
also tell me if suppose there are no tax deductions and if i receive full amount ,will it be taxable in my income for py-2011-12? What will be the tax amount?
I have filed quarterly tds return 24 Q.
But there was one error : "Challan details mentioned in the statement not present in the challan file imported "
I have given records to nsdl
now what will happen ?
Is there any remedy from escape the penalty u/s. 271(1)(c) in the following case?
1. Assessee has not filed return of income
2. He has not replied the any notices issued by the AO in the course of assessment procedings
3. The AO has completed the assessement u/s. 144
4. Assessee has filed appeal to CIT(A) and get relief to some extent
5. Now the AO has imposed the penalty after the order passed by the CIT(A)
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Ltcg exemption in case of listed shares - off market