in case od 94 j (tds-otherthan salary)
Q-XYZ CO. ( GOVT. CO.) DED. A TDS AGAINST BILL AMOUNT (FROM PROFESSIONAL) IS 3500 NAD BILL DATED 01..06.07- THE PEC IS DED TDS ON THE RATES OF (5%+0%+3%)
IN MY POINT OF VIEW IS WRONG DED OF TDS
I FIND THE MISTAKE DATED 30.11.07

MY Q IS NOW WHAT CAN I(XYZ) DO

Q- IN CASE OF 194J - IF A ADVOCATE GIVE A BILL CONSISTING :1) OUR PROFESSIONAL CHARGES RS. 41250 AND :2)MISC. OUT OF POCKET EXPENSES ON ACCOUNT OF PHOTOCOPIES,FILLING, ETC. RS. 2500.
- MY Q IS IN WHICH AMOUNT TDS (194J) IS TO BE DEDUCTED
a)in whole amount
b)in 41250 only
plz ans with provision details

What should be the rate of tds to be collected, if no tds was collected in the previous year and in the subsequent year the rate of tds has been increased?
eg. in the case of fee to prifessinal

can anybody give me the depreciation chart

Dear Sir

I have an incidence of Long Term Capital gains from the sale of shares of unlisted company of 10 lakhs on 30-11-2007. I have decided to invest in house property for RS. 6 to 8 lakhs and other 2 lakhs I want to pay tax. The tax rate I am told for unlisted company shares is 22.66%.

1) When do I have to open the Longterm Capital gains saving account with Nationalised bank? Can I wait till the end of the Financial year? I am looking for a house so I am not sure what amount I need to put in the capital gains saver acount.

2) Do I have to pay advance tax immediately or can I wait till 31st march of 08 to pay the tax. I don't want to pay any interest.

Pls. Help

Regards
Satyajit Roy Chowdhury

Wheather rebate u/s 88E is available from 10% calculated u/s 111A?

hi,

Is there any time limit to File revised TDS return.

when short deduction of TDS of one quarter is identified and remitted in the next quarter with interest.
then how the same should be shown in the return as revised return or in the current quarter return.

I am sanjeev kumar.

One of my friend is employed in a company in Bangalore and receives HRA from the company, He resides in a rented house and also he has purchased a residential flat in the same city but does not resides there and the property is vaccant, my question is whether he is eligible to get deduction of HRA u/s 10 (13A)and at the same time deduction u/s 80C. Whether the interest paid on housing loan is eligible for deduction u/s 24 as the property is being a self occupied one. please suggest

my client is NRI he wants to remit salary from US which is taxable in US.Please tell me what is the proceedure for remitting these income to india