Chintan Vasa
19 March 2009 at 14:26

list of notified areas u/s 2(14)

can anyone provide me with the list of notified areas u/s 2(14?
i want to check whether an area named SIROHI is notified or not.

please provide the list along with its source.
thanks

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dileep
17 March 2009 at 15:05

tds

1. shell network is fibre optic cable supplier and he also installs cable.one of my cilent used his services. whether TDS to be deducted.if to be deducted under which section to be deducted.


2. whether TDS to be deducted on printing &stationery. the expenses incurred towards printing of answer sheets,addtl sheets, records books with logo on all these.

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Altaf
15 March 2009 at 22:26

Notice received u/s 142 (1)

Hi,

I have received a notice u/s 142 (1) to prepare a true & correct returns fof F.Y. 2005-06 & to submit the same to the ITO before a particular date & to be also present on that date in his office.

I want to know what the notice pertain to & what documents should I carry when I go for the hearing.

Please also let me know if I have not filed my returns for F.Y. 2005-06 as I cannot find the acknowledgment copy then what are the consequences of the same. Can I file it now or what is the alternative.

Thanks
Altaf

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C.A. Nikhil Monga

Please explain me the Applicability of Sec 14A and Rule 8D?

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sameer

Will appreaciate if any of the Experts can educate me on the Whether TDs needs to be deducted on Freight paid to Korean(flag) shipping Company for loading of cargo done in India.
If TDS is to be deducted then at what rate ?

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kabita todi
09 March 2009 at 17:19

adjtmnt of cash loans

i have given cash loans to my supplier totalling rs.300,000 .in instalments of 30,000 ; 100,000 ;100,000; 70,000.
later on from same supplier i purchased one machinery item costing 3.5 lakhs .
can i adjust cash loans against purchase from same party ?

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Jayesh Jagetiya

Dear Friends,

our company has paid Rent Directly to Landlord on behalf of Employee of Rs 1.88 Lacs.
What will be the implications:-
1. Should we include full rent paid in the salary in the employee & deduct tds on the same from the salary u/s 192? any exemption to be given to employee?
2. Should we deduct tax from the amt given to Landlord u/s 194I?

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Shabu

I wish to transfer a lump sum amount received by virtue of my PF and gratuity on my retirement to my wife. So I wish to know, is the amount transferred from my pf and gratuity to my wife on retirement taxable? If so under which provision? Is it true that the PF and gratuity is not taxable in my hands on retirement? Is it wise to distribute the amount received during retirement among the spouse and son for tax exemptions?

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Krutagnya Desai
04 March 2009 at 23:15

Rectification of Mistakes by AO

Hello all,
As per my reading of the sec. 154 i have understood that it is open for the AO to rectify any mistakes if it relates on the judments given by SC in any case even if such judment is passed after the completion of assessment by AO.Pls let me know whether my understabding of the concept is correct and pls correct me if i am wrong.

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Ashish Gupta
04 March 2009 at 18:12

Sec 195 - Clarification

Hi,

Please help in the below query.

Tours and Travels firms send outward remittances to overseas for hotel reservations and other tour related expenses on behalf of the passengers for whom they arrange the tour. The money collected is deposited in their EEFC account if they receive foreign currency from the passenger or indian rupees if they collect indian rupees from them. While making these remittances does TDS need to be deducted on these u/s 195 of the Income Tac Act, 1961.

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