Pls let me know whether in below case tax would be applicable on withdrawal of PF or not?
1)Worked in Co A from Aug 2007 to May 2011. The Co was having its own registered PF trust.
2) Then i moved to another Co B from June 2011 to current. I have dropped my paper & I am on notice period in currect co.
PF amount of my past co has been transferred to currecnt co. Now i want know whether tax would be applicalbe while withdrawing the PF amount from current co.
Current co is not having its own PF trust.
25th of this month is my last working day with co B.
Pls reply asap.
Regards,
Rakesh
Many of my clients are from village area, they have applied for their PAN Card. PAN Card were generated in time by the auhtority. they have dispatched through Appointed courier Agency. The courier have no branch in our city and our Taluka. in that case this agency is not trying to deliver the pan card to applicants. and all the Prepared PAN were returned to authority.
Due to this applicants can't get their PAN in time. What should be done in this case by the concerned authority ? Why should the applicant suffer due to lack of infrastructure with PAN Delivering Agency ?
i want to ask a question related to TDS provision
whether cooperative society carried banking business required to deduct tax on fixed deposit of their members
CAN I BORROW LOAN FROM N.R.I. IF N.R.I. REMITT. AMOUNT DIRECTLY IN MY SAVING ACCOUNT , WHAT IS RULES REGULATION IN THIS MATTER OF RESERVE BANK OF INDIA. AND ON WHICH RATE OF INTEREST I CAN BORROW. PLEASE GUIDE ME.
Dear experts
Whether "advance against sale" received in CASH does fall under sec. 269 SS of IT Act?
Please guide
i wanted to know that if i am residing at say bombay and my assesing officer (registration) is at say pune...can i file my return at bombay or do i need to submit it at pune IT office?
please provide info whether the same can be done for inter-state office locations???
PLZ GIVE SOLUTIONS TO THIS:
IN KVAT MONTHLY RETURNS CONTRACT RECEIPTS HAD FILED RS.50 LAKHS INSTEAD OF 5 LAKHS, RETURNS ARE NOT REVISED WITH IN 6 MONTHS WHILE DOING 44AB AUDIT THIS MISTAKE HAS FOUND BUT AUDITOR CONSIDERING THE FILED TURNOVER ONLY. IS THERE ANY REMEDY TO COME OUT THIS PROBLEM.
I have two queries-
1) When assessee is a H.U.F., while filing e-returns, if the payee opts for digital signature, then should the same be registered with the PAN of Karta or with the PAN of HUF?
2) Can HUF make monthly payment to its Karta in the name of 'Salary'?
Whether TDS(Income Tax) is deductible from the payments to a Foreign Contractor of Netherland whom India has DTAA Treaty. If Yes, at what rate as the Foreign Contractor is not having PAN Number and how it will be shown under TDS Return without PAN Number.
there is a specific mention of permanent establishment in the DTAA with Netherland as under:
"The profits of an enterprise of one of the States shall be taxable only in that State unless the enterprise carries on business in the other State through a permanent establishment situated therein. If the enterprise carries on business as aforesaid, the profits of the enterprise may be taxed in the other State but only so much of them as is attributable to that permanent establishment".
What is the meaning of this permanent establishment.
I would like to mention that there is contractor of netherland who has to under take the job of development of "Hockey Surface Ground" in Mumbai" within a stipulated period say six months to one year". Whether the contractor will come under the permanent establishment category. there is no specific mention of TDS in the DTAA.
Sir
i have earned commission (facilitation fee) of Rs.30 lakhs from RMP. whether i hv to get audited u/s 44AB ?
thanks in advance
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Pf query