the querry is
a partner has taken loan from a financial institution and has invested in the business for which he will take interest from the firm.

Hence he will have to pay tax on such income but can he take the interest paid by him as deduction.

sir,
Income of an individual is Rs.200000,including rs.80000 from other sources,rs.75000 from LTCG, rs.45000 from stcg how can we claim exemption limit i.e., which one we have to adjust first stcg or ltcg

Hello,

We are hired 2 printners on rental basis. If, we combined both the printers, value is exceeding Rs.1.20 lacs P.A. Our service provider invoicing with 12.5% VAT.Pls let us know the TDS rate. If TDS is applicable, we need to deduct on gross amount(inclusive of VAT) or on only rental amount. Pls clarify.

Thanking you,
Suneel.

Mr. A is a director of XYZ company. now the company has not sufficient fund to meet all its liabilities so the creditors sued against director to give their personal assets to overcome the liabilities of the company.

Is it possible in any how ?
If yes then please specify case or no then also please specify case ?

Should we consider it under sec. 179 of the Income tax Act or not ?

Can you please tell me whether TDS to be deducted on service tax for professional charges and contract charges.

It is the liability of company/director to deduct TDS on the salary amount paid to the employees taking into considerationInvestment declaration made by the employee.

Now what will be the remedy for company when employee left the job in middle of the year without making investement and his TDS deducted falls short on his salary paid to employee for that period.

Rgds/-
Anil Jain

Dear Sir/Mam

i am pcc student please clear the point set off & carry forward depreciation in same year & following year.

in waiting
vaibhav

I need to certify papers regarding TDS on registration fees paid to non resident which is not applicable under section 195, bank requires certification why this is not deductible???

Hi,

mr A is director of XYZ pvt. ltd.co. and the company has liability to pay (1) income tax or (2)excise liabilty then whether the mr.A can be made liable to pay the liability through its personal assets..
please suggest the answer with support of case...
what if the XYZ is public ltd. co.. whether the answer be the same..
please reply as soon a possible, its too urgent

regards,

TARIN

TDS returns is to be filled after what period is it monthly, quartely or annually
or does it depend on the liability?

kindly clarify.