Anonymous
This Query has 1 replies

This Query has 1 replies

TDS need to deduct OR Not for Payment of Rs. 1,77,000 as Interest on Credit Purchases by A HUF Proprietorship Firm?

Supplier says, since it is Proprietorship Firm, there is no need to deduct TDS. But I doubt, Supplier want to take advantage of Ignorance of Buyer.

Will Buyer comes under fault if he does not deduct TDS and deposit to Department in such case?


bhavesh
This Query has 16 replies

This Query has 16 replies

13 June 2014 at 13:25

Which itr file

I have salary income & other misc. (electric job work income) yearly 60000 for the f.y.2013-14 which itr file 1 or 2? if itr 2 which column saw ele.job work income?


Prasanna Accounts Manager
This Query has 1 replies

This Query has 1 replies

12 June 2014 at 12:27

Income tax refund

Please tell me the procedure to get income tax refund cheque if it is returned due to wrong address. What is the procedure for reissue?
The return was filed offline.


VIJAY SHARMA
This Query has 2 replies

This Query has 2 replies

10 June 2014 at 09:48

Captial gain on family settlement


Namaskar,

Sir, we have need you expert advise on a matter of excess payment of Income Tax.

Sir, under a “Family settlement” we have transfer share from one family member to another family member and on this transaction we have calculate capital gain and paid tax during financial year 2008-2009 and we have assessed under section 143(3) before March 2012.

Sir, now we have came to know that this capital gain under family settlement transfers is not taxable. Hence we seek your esteemed advise in order to get back tax deposited.

Kindly help us.

Thanks & Regards

Vijay Sharma
Phone # 9871653355, 0124-4125795


raina goyal
This Query has 3 replies

This Query has 3 replies

07 June 2014 at 09:56

Tds on transporter and forwarder

Dear Sir

My company is a logistics service provider. From one vendor we receive Transportation bill and forwarding bill also. I receive 2 separate bills.
Do we have to deduct TDS on both bills or only on forwarding bill and not deduct TDS on transportation bill.

Kindly reply

Raina



Anonymous
This Query has 2 replies

This Query has 2 replies

06 June 2014 at 18:38

Tds deposit by a 3rd party

Dear Seniors,

Can a TDS liability for a particular month of ABC Co. Ltd. make deposit by a third party (Any individual, any Company & any group Company) from their bank account. If yes, is it attract any problem from any point of view.


Gangadhar
This Query has 1 replies

This Query has 1 replies

04 June 2014 at 16:28

Tax

How do i save payment of Tax as a Salaried Employee, Please any one help me in this regards & provide any attachment for reading


Thanks.


Paul
This Query has 5 replies

This Query has 5 replies

04 June 2014 at 16:14

Tax question

Can you help me in this little question

a client/individual is supposed to receive some referral fee for a consulting job overseas.

the company is deducting corp tax of 20% in UK from the fee received by the client/individual in India. and they would remit the balance along with a copy of tax deducted being sent for records.

will this tax deduction of 20% by the UK company as proof is enough for the indian entity to file tax that has been paid in UK or is there any other taxes that the indian entity has to pay.or any indian IT dept will ask him to pay?

as he has already being taxed by the payee overseas,

can you help in this matter.


Paul.


CA Chandrasekaran.S.R
This Query has 2 replies

This Query has 2 replies

04 June 2014 at 10:39

Income of spouse of nri

KINDLY LET ME KNOW
1.DO THE SPOUSE OF NRI BECOMES NRI AUTOMATICALLY?
2.WHAT IF SHE HAS INCOME FROM TERM DEPOSITS INVESTED IN INDIA OUT OF HER SPOUSE'S FUND IN INDIA


ANKIT
This Query has 3 replies

This Query has 3 replies

03 June 2014 at 13:34

Which itr form to be used?

I have income only from the FD interest.
Which ITR form (ITR-1 or any other) should I use to file my return?






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