This Query has 1 replies
sir,
1. doctors are appointed as consultancies in hispital,can i deducted professional tax from doctors? and who is responsibility of pay the professional tax in this situaton?
2. doctors have own clinic inadditon consultancy,how much amount paid by doctors and when?
please give me suggestion
This Query has 3 replies
Sir,
this is a very urgent issue.
my client has changed the name of company in feb 2008.But in all the returns TDS details contain previous TAN no. instead of new.Though payment was made rightly.A notice has been issued thereof for payment of TDS.Please guide
No, a new TAN NO. was taken as the business was segregated into two.Only TAN no. in return has been wrongly quoted but payment has been made correctly
This Query has 3 replies
Whether TDS is to be deducted from remuneration or salary or commission given to partners?
IF yes, under which section?
This Query has 3 replies
hi to all
whether the follwing expenses are permissibble deduction while computing the business income of mr x & co. a partnership firm engaged in fertilizer business.
1. interest to partners a, b &c (to each)rs 6,00,000 calculated at 15% simple interest, as provided for in the partership deed. C is a non-resident. the firm has not deducted tax at sourace from there these int. payment.
2.salaries paid to resident employess rs.4,20,000 of this in respect of salary payment of rs. 3,20,000 the required TDS was remitted only on 2-10-2010.
3. on a bulding takrn on lease the firm has incurred exenditure on wooden partition & laying of floor tiles to the tune of rs 3,60,000.
This Query has 1 replies
Dear Sir,
In case of an individual having the only business of share trading(short term as well as intra-day)
1. What category of business to be selected for filing return
2. As there is no p&l or balance sheet for this business.. its a no account case, what details to be filled in?
This Query has 13 replies
One Case
He is a driver in a company as contractor not company employee. Company pay his amount after deducting TDS on Cont. i.e.1%.
1. Now please inform how to file his income tax return which form need to use for return?
2. How to calculate his Taxable Income
He is getting 14850/- after deducting tax 1%
In this any refund of tax or he need to pay more above to that
This Query has 1 replies
Need information on the below.
Background: My Company "XX" wants to sell software on behalf of a US Company "ZZ" acting as their Distributor in India.
1. Sell as in the condition bought.
2. Sell after customizing as per the local needs.
Please let us know what kind of taxes would be involved in such a kind of transaction.
Please enlighten us on this.
Thank you
Vijay
This Query has 1 replies
Dear Sirs,
We are partnership firms. One of our partner is studing abrod. We dont pay any reimbursement to any partner but we are paying interest on capital is approx 1.98 lac and partner is a Female partner. What is the Tax liability and as per my openion form ITR-3 is susitable. Please suggest.
thanks in advance
This Query has 2 replies
Dear All,
One of my frient is a partner in a firm and do not getting any saleries or amount from the firm except interest on Capital. Current year interest is approx 2 Lac. He is doing agriculture also the agriculture land is on on his father's name. I want to know which ITR form used for his return. Income from agriculture is approx 80 thousands. How much is exempted from the income tax.
regards,
JS
This Query has 3 replies
I was about to pay Self assessment tax for the Ass. Year : 2010-11 but by mistake clicked Ass. Year.2011-12 and the challan was generated as Advance tax for Ass. Year 2011-12. What should i do ?
I think my previous query was not clear.
profeessional tax