Hi dear all,

whether TDS on roadshow required to be deducted u/s 194C or u/s 194J (Fee for professional services)

My question is whether TDS to deduct or not on Freight for goods exportd (Freight on Mumbai Port to destination abroad ).

Dear Sir,

My one client is doctor and he filed his income tax return for last five year with nominal amount of tax. But during the assessment year 2007-08 his gross Incomeis Rs.94452/- ie below taxable limit of Rs.1 lac. I tried my best to file the return to Income tax department, but the same has not been accepted by the department, as explaination given as

1. gross taxable income below taxable limit and no need to file return.

Pls advise me, what I can to avoid problem in future.

Regards

Baljinder Singh

I received one service bill. whether Tds has to be deducted including service tax or excluding service tax? Please give the reference of section/any case law.

I received one service bill. whether Tds has to be deducted including service tax or excluding service tax? Please give the reference of section/any case law.

Hi,

Currently my client is owning a warehousing and which is given on rent for storage purpose.

What percentage of TDS should be deducted by lessor.

He is individual with receipt less than 10 lacs.

I will appreciate your answer supporting case law.

Share premium is covered by the word to the extent accumulated profits.i.e. if to treat the amount of loan & advanses as deemed dividend amount of share premium also included.For ur reference as per The Companies Act,1956 dividend can not be declared from the accumulated profits.And as per the Income Tax Act it should be commercial & real profit what does commercial & real profit mean.

is the staff welfare expoenses like food provided by the employer to labourers and guests is chargeable to FBT.

If we have debited expenses a/c crediting expenses payable account without deducting TDS on closing date , in april while making payment we deducted TDS and deposited same on same date , what will be consequence ,in which TDS reture it need to be submitted and for which FY

respected Sir,

If one person had a job in a company for 1 month & 12 days & getting transport Allowance rs.2000 per month & got rs.2775[200+2000*12/31)]then how much amt will be exempted in Form -16 u/s 10(14).whether 800 or 1600 or Proportionally i.e. 1109[800+(800*12/31)]


Regards,
Anil Jain