to what type of expense 194 C is applicable?

i means is there specific type of expense to whom 194C is aplicable or 194 C is applicable to any ttype of contract ?

In case of a society not registered u/s 12 A-
1. Will it be assessed as APO, shares of whose members is indeterminate.
2. The return form to be used is ITR 5 or 7
3. Suppose the society has received voluntary contributions worth Rs 2 laks and spent Rs 1.80 lakh for charitable purpose, then whether Rs 20,000 would be chargeable to tax and if yes whether would it be chargeable at MMR.

i m working with a company which i have recently joined but here i am getting some problem with TDS actually i m not familiar with tds as much.
my query is about that how to calculate the tds for different persons.

Dear Colleagues,

My Client is indulged in Transport business.

He pays freight charges to many lorry drivers

To comply with TDS Provisions, my client deducts TDS from payment made to lorry drivers. But, most of the lorry drivers does not have PAN Numbers (obviously)...

Now the client has to file TDS Return every quarter. But, due to Non - availability of PAN, he is unable to file the return.


What to do?

Also tell me, whether TDS provisions are applicable to the client for the above transaction under 194C?

Please do quote relevant circular/notification also.

Expert Shekhar and Shyam both gave opposite answer to my Q with regards to deduction of TDS on Capital expenditure and ravenue exp.

to clarify my doubt more further
Capital expenditure from my side will be revenue income for other
SO does deduction of TDS required on capital exp amount ?

Cash payment exeecding Rs 20000/- can not according to Income Tax Act but the question is within one day cash payment not execding 20000/- or within one year cash payment not execding Rs.20000/- please reply as soon as possible.

Suppose one person has income which is comes under taxable slab and he has submitted the return accordingly.
If next year he has income which is not taxable, so now will he be liable to submit return? if yes then under which section...

Pls Guide..


Thanks,
Abhishek

A company has purchased a car which is given to one of its employees for his exclusive use. Purchase price was paid directly to the dealer by the co. Car is registered in the name of the co. As agreed between the co and the employee, the co will recover the cost of the car over a period of 36 months in equal instalments without any interest. At the end of three years, the car will be transfered in the name of employee at Re 1/-. In this context I would like to know that whether the cost of the car which recovered by the co without any interest will be subject to perquisite valuation taxable in the hands of the employee?

Dear Sir,
Please clear my confusion about TDS to be deducted on Accounting charges paid ?

Dear Experts,

If we have taken consultancy from Foreign country and payment made by one Indian company to other Indian company by grossing up of TDS amount at Indian prescribed rate of tax and then that Indian company pays the amount to forging consultant by again grossing up of that amount.

I want to know is this process correct?

Rgds/-
Anil Jain