This Query has 5 replies
is there is change in exemption of trasnport allownce which was 800/- p.m.under the head income from salary
This Query has 3 replies
our company purchased plastic bottles from outside party, and that bottles filled our company liquid.
outside party given vat bill on that tds deducted or not?
On bottles our company logo was printed
please sir
This Query has 3 replies
As per Income tax act any expenditure in excess of Rs.5000 should be capitalised. If it is spent on the assets it will be treated as fixed asset and should be considered for calculating depreciation as per sec.32. but what is treshhold limit under the companies act 1956.
This Query has 2 replies
one of a person stay out of india in f.y. 07-08 -206 days, f.y.06-07 181day, f.y.05-06 -53days, f.y.04-05- 48 days, f.y.03-04 - 365 days. what is his residential status? and already paid tax on his income in US. so now he is required to file return for the f.y. 07-08 in India. There is no accured or arised income in india.
This Query has 4 replies
ONE MY NEW CLIENT FILED HIS RETURN FOR ASST.YR 2007-2008 THROUGHT TAX CONSULTANT,THE CONSULTANTS FILED A RETURN ON 31ST JAN.08,BUT HE HAS NOT CONSIDERED THE BANK A/C OF MY CLIENTS AND MY CLIENT HAD RECEIVED CONTRACT RECEIPT DURING 2006-2007, ON WHICH TDS HAS BEEN DEDUCTED RS.47000/-BUT CONSULTANTS FILED RETURN WITHOUT CONSIDERING ALL THIS THINGS..... & FILED A NIL RETURN WITH NORMAL INCOME? NOW WHAT ARE THE WAYS TO CLAIM REFUND?
This Query has 1 replies
Dear Sir,
Yesterday due to heavy load over servers the server if IT was working very slower or not accepting the Returns smoothly. In the evening the peoples were seen rushing from one cafe centre to another or enquiring about the status of working of server. Under such circumstances many returns of Income could not be filed or if accepted by the system the receipt generated dated 1/4/2008. Now what will be the position of the assessees who keep on trying right from 7 pm to 12 midnight but were successful after 12.02 am .Whether they will be liable for any penalty in the following cases
a) where the Income filed is below taxable limits
b) where the Income is taxable and taxes have been paid in advance.
This Query has 7 replies
Mr.X pays Rs250000 to Mr.Z as a consultant.Service tax on Rs250000 comes to 38900 total Rs280900.Tds on which amt to be deducted.whether on total gross amounti.e Rs280900 or only on RS250000
This Query has 3 replies
Epayment of taxes has been made mandetory
with effect from 01 april 2008. Is this also applicable for Deposit Of TDS
Regards
This Query has 8 replies
What is the Treatment of the processing fee paid for the granting of the loan taken for acqusition of a house to be put into ?
This Query has 6 replies
Is there any way to pay TDS without TAN number.we have applied for TAN number,but our application is under processed.But we have to pay TDS on this DAy for back logs
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