This Query has 1 replies
Sir / Mam
We are GTA ( P Ltd)
We do not have any own vehicles
We are renting of all our sub-contract vehicles to another GTA.
Here, We are the sub-contractor to that GTA.
They are ready to deduct the tds on our payment.
Is it applicable?
Plz let us know the right solution
Thanks in adv
This Query has 1 replies
having 3 let out property , out of 3 let out property one is commercial let out property which is vaccant for last one year , so should we considered approximately rent of this commercial let out property to calculate taxable income , and how to calculate approximately rent .
This Query has 1 replies
I provide booking keeping and accounting service at the rate of Rs.15,000 per month . The company is deducting TDS @10% . I countered them that my Service does not exceed Rs.30,000 per month so not to deduct TDS . But the company said in a year its exceeding 30k.
This 30k threshold limit is for per bill or for per annum billing .
This Query has 6 replies
i have a residential property in india and now if i become nri, later i decide to sell property what will happen? i am allowed to take money outside india? any extra tax or something? should i sell before becoming nri?
This Query has 1 replies
Dear Sir,
One of concern is engaged in promoting/developing business, have completed all of this flats in a complex in the year 2012, completion certificate was also issued from authority of all flats, but till F.Y. they have some unsold flats showing his books of accounts & reflated in closing stocks.
Is the Income Tax department charge deemed rent on there unsold flats ?
Please clarify with section?
This Query has 1 replies
Sir,
1.1st professional income Gross receipts rs:60 lacs
2nd professional income Gross receipts rs:2 crores.
Question:
1.assessee two incomes it returns filed individual status present.
2.assessee 2nd profession formation of partner ship firm or individual status benefit for it purpose.
This Query has 1 replies
in proprietorship firm
why Salary of proprietorship firm is not allowed.
is Depreciation allowed as per income tax only.
This Query has 3 replies
My query is the following:-
whether the long term capital gain against property can be adjusted against the short term capital loss and long term capital loss on selling of equity shares under DEMAT account. All transactions by online banking. Will appreciate your advice and inputs on this query.
This Query has 1 replies
Sir,
Question:1
It assessee cash deposits limit for one financial year
1.cash deposit in bank sb account
2.cash deposit in bank current account
3.cash fixed deposit in bank and postal .
Question:2
It assessee 26as information mentioned below show procedure in books.
1.sec 194j b rs:50,000/-
2.sec 194 I(b) rs:1,50,000/-
3.sec 194 k mutual fund rs:202.16
4.sec 206cq ICICI Bank rs:4890/-
This Query has 1 replies
Sir,
It assessee loan purpose amount received from non resident person (friend )rs:15 lacs through on bank mode after 2 years amount repayment to non resident person.
Question:
Assessess above mentioned loan amount transaction accepted or not accepted.
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TDS in case of GTA