vijay
14 October 2017 at 11:30

tds deduction

creditor has mentioned in the invoice that "DEDUCTION OF TDS NOT APPLICABLE" and accordingly TDS has not been deducted. whether lower deduction or no deduction of TDS certificate is required to obtain to substantiate being what is mentioned in the invoice

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Anonymous
14 October 2017 at 06:25

Code to be used for itr

Sir ,My uncle is a Project Engineer and the company is deducting TDS at 10% under section 194J. which return should i file actually he is a employee in that organisation.

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tharun
13 October 2017 at 22:13

Income tax audit

SIR,

THANKS IN ADVANCE FOR GIVING VALUABLE SUGGESTION
1.MY DOUBT IS AUDIT LIMIT U/SEC.44AB IS RS.1CR OR RAISED TO 2CR
2.AUDIT LIMIT U/SEC44AD IS INCREASED TO 2CR WITH DECLARATION OFNET PROFIT IS LESS THAN 8%
3. IF THE TURNOVER IS NEARLY 1.90CR AND DELCARE @10% NET PROFIT.
HOW HE SHOULD FILE THE INCOME TAX RETURN NOW IT IS EITHER U/SEC 44AB OR 44AD
PL. GIVE ME CORRECT SOLUTION WHICH IS EASY TO FILE THE INCOME TAX
IF HE SHOULD FILE U/SEC 44AB HE SHOULD FILE AUDIT REPORT OR NOT
AND IF HE FILE U/SEC 44AD IS THE SAME POSSIBILITY FOR THE RETURN OR DIRECTLY HE CAN FILE THE RETURN AS A NORMAL ONE

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Anonymous
13 October 2017 at 20:10

Form 16

MY CLIENT IS A CONTRACTOR, HE PAYS SALARY TO ONE OF THE EMPLOYEES, THE EMPLOYEE CONTACTS ME THAT HE NEEDS FORM 16 FOR PURPOSE OF PERSONAL LOAN, MY CLIENT IS NOT REGISTERED AS A TAX DEDUCTOR AT TRACES AS HE IS NOT REQUIRED TO BE REGISTERED.
HOW CAN I HELP THE EMPLOYEE IN THIS SITUATION.

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Anonymous
13 October 2017 at 15:42

Tax on capital gain

if my income is 180000 for fy.2016-17 and capital gain 10000 then i should pay tax or not?

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Mayur Mahamuni
13 October 2017 at 00:43

TDS in case business is a new

Hi Frends, My query is that, if a business is newly setup, then is it necessary to make TDS deduction while making payment of professional fees or payment to contractor under section 194J or 194C viz Do it require to take TAN registration. Also if in any quarter no TDS deduction happens, is it require to file quarterly TDS return

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David Rana
12 October 2017 at 22:46

194A

Is saving bank interest liable to TDS if it exceeds Rs. 10,000 per annum as per section 194A?

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RK AND ASSOCIATES

for payment of advance tax in case of corporate assesses how to calculate advance tax liability more accurate how to calculate estimated income

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Piyush Lambat
11 October 2017 at 18:54

capital gain

Hello sir, If an individual gets rupees 10lakhs RTGS in the FY 2017-18 as a competition for the court case on the sale of building from the seller party by mutual understanding. Then under what is the treatment of this transaction under the head capital gain?

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Anonymous
11 October 2017 at 10:04

80 d

I have taken a health policy for my family. But my mother is the purposer and I am paying the premium from my account. Can I take the income tax benefit.

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