In case lease of STPI unit is expiring on Jan 09 can we claim 10B deduction for A Y 2009-10?
In case we transfer the income to some other already existing STPI/SEZ unit can we claim the 10B deduction through that already existing unit.

Dear all
Thr s a doubt on Finance act application onto Ca-PCC xamz nov.08. I hv my PCC xamz in nov08. now th question s which finance act would b applicable to me-----
finance act-07,,or
Finance act--08.
As per ICAI guidelines,anything that comes before 6 mnths of xamz is applicable for the relevant xamz and th finance act 2008 s as such applicable frm april onwards,,,that falls into said criteria of 6 mnths. but it got its assent frm president on 10th may,08 which s outside th criteria of notifications applicable that comes before 6 mnths.
now I am confused that weather to Nov. 2008 xamz finance act 07 or finance act 08 be applicable??/???/?

I am told about th Finance act 07 being applicable as Finance Act 08 got itz assent in May 08 so it is not applicable to us but to may n nov 09 xamz..


But I need an answer from xperts.
So Plz. kindly respond n help me out of this stupid well.

Thanking in anticipation
Regards
Ankit

Suppose we have made the TDS payments on bills of two different quarters through one challan.How should it be shown in Tds return of both Quarters?

A company has wrongly deducted less TDS and issued TDS certificate thereof.
Now, after detecting the mistake, the company has asked the concerned entity to return the balance amount (i.e. TDS should be deducted less TDS already deducted) and accordingly the concerned entity has returned the balance amount. Now the question arises that whether the new TDS certificate to be issued should be of balance amount or the earlier TDS certifate is to be called for and TDS certificate of full amount is to be issued

waht is the procedure for filing Revised TDS return?
What are the charges if revised return has to furnished for 2nd as well as 3rd quarter finacial year 2007-08.is correction statement same as revised return?if Yes, same query for filing correction statement.

KINDLY SEND TDS CHART FOR FINANCIAL YEAR 2008-2009 ( ASST YR 2009-2010)

Fact is:

Total Income from salary : Rs. 701304

From Previous employer : Rs. 687262
From Current Employer : Rs. 14042

Tax deducted by previous employer : Rs 125293
Tax deducted by Current employer : Rs. 29,000

In TDS certificate at Sl No 18 (a) Tax deductedat source u/s 192(10 we are writing Rs 154293
But the details of Tax deducted and credited to Central govt. statement will show only details for Rs 29000 ie tax deducted and deposited by current employer.

Now the problem is:
1. It seems that Rs 154293 has been deducted whereas only Rs 29000 has been
deposited.
2. If the current employer shows only Rs 29000 at sl No. 18(a), it seems that current employer has deducted less tax

Also the format does not provide any space to show Tax deducted by previous employer.

How to proceed in this case?

Company is paying salary to the employee working in canada.Can company give the benefit of HRA and Sec 80C?
Is TDS deducted is compulsory because he is NRI?

A uk based company has performed technical services in India to our Co., (an Indian company) considering DTTA can some one help me on hte following

1. should TDS be cut as per the act?

2.If answer to above is yes then at what rate and any circular reg tht is passed??

3.What will be the impact on DTTA???

awaiting for a professional answer

Thank you

hi experts

my query is
suppose if a firm hired a vehicle for their advertisement on rent of Rs. 13500.00 PM, and all the repair & maint., petrol exp. etc are paid by the firm itself and that vehicle is used to make advertisement of the firm in all the city. Then what rate of TDS is applicable on that kind of exp. i.e. as per code 94C @ 1.03% or as per 94I @ 17%