During the time of calculation of TDS, whether service tax to be consider? ( Whether service tax to be included in the payment at the time of calculation of TDS or to be excluded)

author : Ravikumar AH
Posted On : 8/22/2008 4:53:39 PM
Sir,

Working in a private concern and its started operation from January'08.
My query is for FY 2007-08 we need to file the return or we can file with FY 208-09 return. Please let me now the last date of filing return for FY2008-08.

Thanks & Regards
Ravikumar A.H.



Expert : Chezhiyan.K
Posted On : 8/22/2008 5:15:34 PM
September 30.

still you have time .. you can file it


Answer is Not 30.09.2008

it depends if liable for tax audit then 30.09 else 31.07.2008

IF I HAVE FILED MY RETURN OF TDS BUT I HAVE WRITTEN PAN NO INSTEAD OF TAN NO SO I CANT GET TDS CLAIM i.e i tax dept not allowed tds claim so what should i do?

pls urgent my friends

Whether FBT paid on Medical Reimbursement which was actually taxable in the hands of employees can be adjusted against future tax liability or for that matter whether the same is possible in respect of other Exp. liable for FBT.

Hello Friends, i need some clarification regarding the treatment of salary paid to Drivers who are on roll employees, as it is liable for FBT, but i have some confusion about the amount which should be considered in this regard, whether Gross, Basic or some other. Further Exp. on Uniform etc. are to considered or not. and finally won't it amount to double taxation if the co. is paying FBT and employee is also paying tax as an individual.

Dividend from mutual fund is exempted from tax, but is the profit is exempted from tax.

For eg. if we purchase a mutual fund for Rs.10,000/- and if the same is matured after 3 years for a value of Rs.20,000/-, then the Profit of Rs.10,000/- is is taxed as long term capital gains at 20% or it is exempted from tax. If it is exempted, then is there any conditions for it.

An assessee has paid Vat relating to F.Y.2006-07 in September-2007 i.e.before the due date of filing return, but respective provision as 'Vat payable' has not been made as on 31.03.2007.
He has not claimed deduction in F.Y.2006-07 on accrual basis.

Whether such payment is allowed on payment basis as per the provisions of sec.43B in F.Y.2007-08?
or,
it shall be disallowed as prior period expense in F.Y.20007-08?

He is a Private Insurance Agent, Commision earned for the FY:2006-07 still he was not filed. Now he wants to file his return in this year. whether it is possible to file or not? He don't wants to audit his records and in which form and where can he file? Please suggest me?

Thanks & regards

srinivas

HI,

PLease let me know that is principal for higher education loan is included in exemption or not if yes please provide section also

Regards

Amit

Sir,

Working in a private concern and its started operation from January'08.
My query is for FY 2007-08 we need to file the return or we can file with FY 208-09 return. Please let me now the last date of filing return for FY2008-08.

Thanks & Regards
Ravikumar A.H.