I have proprietorship company providing security services on contractual basis. I would like to know the latest rule on rate of TDS deduction by my clients for my services provided to them.

Dear sir,

We here with run propriter ship
firm "kanjibhai prabhudas" i have one
query for u.

i have to pay interest Rs 450000/- on my book on 31-03-2010. i would like to know how much tds i have to pay ? one more thing. i have to pay before31-05-2010?
if i pay after that date should my tds
is not valid or i am liable to pay penalty
of Rs 100000/-. pls let me inform at earliest.

thanks.

X has a piece of land gifted to him by his father ,

1) Sale Price - Rs 55 Lakhs (11,000 SqFt x Rs 550/Sqft)
2) Stamp Duty per Sqft Rate - Rs 350
3)Purchase price - Rs 5,000 in 1967
4) Brokerage - Rs 50,000
5) Cost of improvement - No documents available for the servant quaters made in Year 1997.

X wants to keep his tax liability minimum without exercising the options under Sec 54.

Also when the land was purchased it was under rural area but with passage of time got included in the city .

Will it attract Capital Gain.

Regards

please give me breakup of my Salary in allowances for Saving maximum Tax that is amounting to Rs. 300000/- P.A. CTC. I knwo abt Transportation Allowance that is 800PM Tax Free and i have my own house on my name can i not get Tax free HRA. any other options ?

HELLO EVERYONE,
I M INTERESTED IN TEACHING BUT DONT KNOW HOW TO START I MEAN I LACK CONFIDENCE.

PLZ SUGGEST ME NAME OF SOME INST/CLASSES IN MUMBAI THAT PROVIDE TRAINING FOR THE SAME.

I WANT TO START WITH BCOM (FIN AC,COST AC, MGT AC, TAXATION)

THANX IN ADVANCE.
MY ID abhipcc@rediffmail.com

Hello,

I need Good CA / CA Firm practising at Hyderabad for filing my IT returns.

You may post here or email the details to paraskarv@yahoo.com

Paraskar
IT Consultant

respected members
a newly formed company buy a property as stock in trade to get the old structure demolished and construct flats but later project was called off.now company after 4 years wants to sell the property as it is.what are the tax implications on the company.cost of purchase 20 lakhs but now due to abnormal increase in circle rate by development authority.the price has zoomed to 40 lakhs as per stamp duty.cost of property is still not more than 22 lakhs due to property prices correction

hi, one of our client has filed Return for the first time, thru e-filing for A.Y. 2009-2010. She had Capital for which she had deposited gain amount in Capital Gain Account. but now she wanted to withdraw that amount & ready to pay tax.
the problem is to withdraw amount, from should be filled by taking approval of respective Assessee Officer & submit the same in bank, however since this is e-filing retun I.Tax Officers refused to approve the form by saying that E-filing returns gets processed directly from Banglore & they dont have any information make inqury to Banglore only. so how to deal with this situation?
pls help

hello sir/friends
my father is a salary person. he take Rs. 4,00,000 home loan for 15 years from hdfc bank. its complete 8 years. he is also getting subsidy from government or company.
Emi:-5200/-
subsidy:1000/-
outstanding:-2,50,000/-
he paid totally 4,00,000 including interest.
my question Is if we want to close loan so we will loss of subsidy amount? or if not we will may more 2,50,000 that mean we pay totally 6,50,000/- to bank,? and si that possible we will repay 2,40,000/- and just we have loan outstanding only 10,000/- for more 7 year? what will emi of that amount now interest rate is 10.75%
and can we also get subsidy amount? and howmuch amount will deduct from 80c only for house sing loan interest ?
or better close loan?

Dear all,

Kindly advice me on this

I am working in clearing & forwarding agency (its US base MNC)

1). If I am recived invoice direct from shipping line (shipping lines like- msc agency india pvt.ltd, oocl lines india pvt. ltd.,nyk lines india ltd. etc) of freight charges+ terminal handling charge+documentation charges/b/l charges including of service tax on thc & doc in this case should I deduct TDS on his invoice if invoice amount is more than 20000/-(if thay dont have TDS exemption certificate) on which charges tds is applicable & which section TDS deducted?

2).If I am recived invoice direct from clearing & forwarding agent of freight charges+ terminal handling charge+documentation charges/b/l charges including of service tax on thc & doc in this case should I deduct TDS on his invoice if invoice amount is more than 20000/-(if thay dont have TDS exemption certificate) on which charges tds is applicable & which section TDS deducted?

3).If I am recived invoice direct from custom house agent (CHA) of freight charges+ terminal handling charge+documentation charges/b/l charges+ custom clearance charges including of service tax on thc+doc+custom clearance charges in this case should I deduct TDS on his invoice if invoice amount is more than 20000/-(if thay dont have TDS exemption certificate) on which charges tds is applicable & which section TDS deducted?

Kindly advice me on the above directly on this email id. ksatishsss@gmail.com

Please urgently