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?



Anonymous
This Query has 3 replies

This Query has 3 replies

01 June 2014 at 12:12

Property tax

What is the rate of property tax on rented property generally not in particular for any municipal corporation ?


NISAR AHMA WANI
This Query has 2 replies

This Query has 2 replies

Sir I am a taxpayer in FY 2012-13 AY 2013-14 my employer deducted me tax from my salary and e-TDS was not done by my employer up to 07 Apr 2014. Now e-TDS are done by my employer now I want file my ITR AY 2013-14 to claim my excess TDS. Is I should penalise by tax department



Anonymous
This Query has 3 replies

This Query has 3 replies

Dear
My sister Sulekha kumari modi had 2 F.Ds in SAHARA INDIA COMMERCIAL CORPORATION LTD (Receipt No. 38110510247 38110510246) of Rs 10000/- each. On 31/12/2013 when we went to Bhowanipur branch to get the maturity amount we came to know that a hefty T.D.S has been deducted from both the F.D’s. This information has annoyed us a lot. When we asked about the T.D.S they told us that from 2009 till 2013 i.e. for four years they are deducting T.D.S from the F.D’s, the amount of T.D.S is (4871+4871) i.e. Rs 9742/- from both the F.D’s. In these years we did not receive any kind of intimation about the deduction of TDS. Again when I go through the 26AS there also no update regarding these TDS. Kindly guide me what to do. Please do reply.
1) No TDS certificate provided till date.

2) No update in 26AS.


NISAR AHMA WANI
This Query has 4 replies

This Query has 4 replies

Sir I am taxpayer and tax are deducted by my employer. Then I register my PAN on income tax site were I download form 26 AS and I found amount credit to me is Rs 56789/- and tax deducted Rs 52348/- now what can i show the gross salary in ITR 14-15.


Vikas Kumar
This Query has 3 replies

This Query has 3 replies

Hi, Last Year I left my job after working around 3 and half years and withdrew my PF . My employer is having a trust with EPFO and they deduct 30% of the tax on amount = ( Total Amount - Member Contribution ). But my annual income is in the category of 10% . Kindly suggest whether I can go for refund or is this the rule that if you withdraw your PF before 5 years than flat 30% would be deducted.



Anonymous
This Query has 2 replies

This Query has 2 replies

27 May 2014 at 12:13

Income tax return

I have got 3,57,000/- income from salary & fdr interest during Financial year 2013-14, I have a p.p.f account also on which 23000 interest also given to me. I want to know which itr form i have to use to fill my income tax return also where this p.p.f interest ammount i have to show.


Vinod
This Query has 1 replies

This Query has 1 replies

Dear Sir,


I have to register a partnership firm at Bangalore. As per my knowledge, the stamp duty is Rs. 1,000/-. Is there any change now ? Please confirm if I am right.


The deed has to be printed on the stamp paper, right ? OR any e-payment facility is there ?


Thanks in advance,


vinodaca74@gmail.com






CCI Pro



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