This Query has 2 replies
On a single invoice party charge cost of material and separately charges labour charges. suggest whether TDds to be deducted on whole invoice price or on cost of labour only
This Query has 2 replies
1.A (Indian Company) having 49% shareholding has entered into a JV with B (Foreign company) having 51% share holding for development of Infrastructure facility in India. Is 80IA applicable. other Conditions are fulfilled.
2.A (Indian Company) having 51% shareholding has entered into a JV with B (Foreign company) having 49% share holding for development of Infrastructure facility in India. Is 80IA applicable. other Conditions are fulfilled.
This Query has 1 replies
Dear All,
One of my client is having partnership firm in F.Y 2005-06 which is converted into proprietory concern in F.Y 2006-07. In F.Y 2005-06 Audit was done u/s 44AB and also TDS is deducted on unsecured loans.In F.Y 2006-07 there is no unsecured loan hence TDS is not deducted and also he is not eligible for Tax Audit during F.Y 2006-07 since his receipts are below 40 Lacs. Now in F.Y 2007-08 he is liable for Tax Audit. My question is that whether TDS provsions are applicable in F.Y 2007-08 as the business is in Proprietorship Name and in propreitorship name this is his first year of audit.
This Query has 1 replies
Last year one our client filed income tax return in bangalore.this year he shifted his residence to chennai so he want to file the return in chennai.and he didnt change the address in pan card.please any body tell me isit possible and any procedure is there?
This Query has 2 replies
If loan is taken in joint name of husband & wife but payment being made of installments from husbands account.
Can full amount of interest and principle can be claimed u/s 24B and 80C from husbands income.
This Query has 2 replies
Loan given to a company by its director's father(Say X) few years ago..
In the year 2005, X died.
No legal hier of X has claimed the amount due to company till date.
please suggest me the appropriate treatment for the same.
This Query has 1 replies
VAT and CST paid on purchase on assets .
Is such classified as input credit in CENVAT rules
And if yes
Can we claim refund if such are not utilised ????
This Query has 1 replies
While issuing Form 16 to Employees is it necessary that Employer has to sign personally on Form 16 or Fascimile will do?
One of our client is suffering as he has to sign more than 5000 Form 16...
This Query has 3 replies
Hi
Under what head salaries drawn by the directors, of company is charged? INcome from salary or as business income? for example salary drawn by Anil ambani from his company?
This Query has 5 replies
whether interest on the housing taken by the husband in the name of the wife is allowable in his hands when the wife is not having any taxable income. please give any decision in this connection
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TDS under section 194-C