philip
This Query has 4 replies

This Query has 4 replies

31 January 2008 at 11:27

TDS-Canteen

Dear Sir,
We are paying the Canteen owner Rs. 50,000/- every month for providing our Institute employees tea and snacks. The amount paid is from 3 different Accounts (3 different Institutes of one campus). Kindly tell us whether we should deduct TDS while making payment to him?
Institute has given canteen to him on rental basis.


rakesh singh
This Query has 3 replies

This Query has 3 replies

31 January 2008 at 07:49

best book of income tax act

please advice me who is the best book of income tax Act for CA in practice (excluding ready recknor).


Jayesh
This Query has 2 replies

This Query has 2 replies

30 January 2008 at 15:58

TDS on Composite contract

A composite contract has been issued to party consisting Design, Supply & Supervision of erection of equipments. Cost component has been separately mentioned in the BOQ for Designing and Supply of equipments.

Whether TDS will be applicable on designing cost only or on total work order value?


girish
This Query has 1 replies

This Query has 1 replies

30 January 2008 at 15:24

General questions

1.What are the steps to calculate Advance tax ?

2.What are the steps to calculate Advance FBT ?

3.What if No advance payment made for certain quarters ?



Atul Patankar
This Query has 2 replies

This Query has 2 replies

30 January 2008 at 15:16

resident's income in foreign currency

If a resident and ordinarily resident person earns some income in foreign currency, what is the rate of exchange at which it shiuld be taken as income for tax purpose? Will the same rate apply for relief for the taxes paid outside India?


SIVAJI
This Query has 2 replies

This Query has 2 replies

30 January 2008 at 14:32

Withdrawal of Appeal to CIT(Appeal)

Whether an Assessee can withdraw appeal made by him to CIT(Appeal), against assessment order


nikhil shah
This Query has 2 replies

This Query has 2 replies

30 January 2008 at 14:11

TDS ON VEHICLE REPARING CHARGES

Please tell me whether the TDS is required to be deducted under the provisions of income tax from the payments for vehilces reparing charges .Service Charges for reparing exceeds Rs 50,000/- p.a


CA KALPESH LAKHANI
This Query has 3 replies

This Query has 3 replies

30 January 2008 at 12:26

Under Which Head its Taxable

i have a client who bought a one open plot 2 yrs ago. After that he constructed a godown on that plot and gave it on rent. now issuse is that whether its a INCOME FROM HOUSE PROPERTY or INCOME FROM BUSI. & PROF.? he has other business also.


Anuj Goyal
This Query has 1 replies

This Query has 1 replies

I recieved my salary for the period feb-07 to Apr-07 in may -07 as areear now my company is treating as income from salry for the current financial year they deducting tax on that amount, is there any option to get exemption from that tax laibilities, please suggest

Anuj


CA CMA Amarnath Nuthalapati
This Query has 2 replies

This Query has 2 replies

30 January 2008 at 11:35

about exemption

An assesse have a son, who is suffered with Cancer and he incurred a sum of Rs.1,50,000 for treatment purpose and receives a donation of Rs.50,000 from doners,not reletives,
What is the treatment for this Rs.50000 and Rs.100000?
Please clarify






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