The Builder / Promotor imports architects services from a firm in Singapore who does not have PE in India. Can withholding tax u/s 195 be deducted from the fees / payment made to Singapore Architect and send TDS certificate to get the tax set off when he discharges liability since DTAA exists between India and Singapore.

sir
if an individual have Rs.400000 non agriculture income and agriculture income of Rs.700000, then whether surcharge will be applicable or not?

Is there any tax planning that can be made on car allowance for the salaried employees, if so how can we plan

Dear Sir,

Kindly clarify whether the dividend received by the Indian holding company from the overseas wholly owned subsidiary in China , is taxable in India ? If yes, what is the rate of tax ? Please reply with details of sections.

Thanks & regards,

Hemant A.Thakker

Is tax audit u/s 44AB of IT Act applied in case of investment company which is invloved in making investments in shares and securities for the purpose of dividend erning. If dividend income forms major part of its income from operation which exceed Rs.40L.

Pl. reply urgently.

Rgds,

Hetal Shah

My friend has got a flat which she purchased 4 months back.She wants to sell it off and wants to purchase a new one. what will be the tax implication of this transaction? How much tax she has to pay if she buys another flat with the sale consideration?

What are the implications of not deducting TDS form payments to Carriers? If not deducted is there any way out?

In a apartment of 24 flat, one space provide to mobile tower , in which TDS is deducted, Our flat owner oragisation is meant for only welfare and maintenance of flat. please guide to our taxabilty as AOP or trust or co-operative society, we want to get TDS exemtion certificate or claim refund with department. whether registration is necessary as Co-operative society. Besides Rent form mobile tower members are also contribution 300/- per month for maintenance

Sir, One of our client has an export T.O. of Rs 1.5 Crores and local T.O. of Rs 1.5 Crore. The export sale are not made to any associated enterprises, the debtor is no way connected to our company. In such a scenario whether the provision of audit report and maintenance of books of accounts under the transfer pricing provisions will be applicable or not.
Please give your valuable opinion on the same.
Kind Regards
Uday Bathia.

Sir,
my brother has been taken a house property loan on the house of our father. The house is in the name of our father. So father become co owner for the loan. As bank told us that you cannot apply alone. This loan is in the nature of renovation & repairs intt. limit is Rs.35000. Bank create a loan account and we with draw money from that account. So at the time of filing Return If my father will not take 50% of interest part in his Return can my brother will take the 100% of interest in his return to reduce tax liability. As my brother has been paying all the EMIs. As property is not in the name of my brother even not jointly with our father is there any chance of disallowing interest inbrother's Return
Please advice.
deb4865@gmail.com
ca.deb2006@icai.org
Regards,
CA.Deb.