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

hi,

am a taxpayer, can i invest my income after tax in my wife name she is house wife having PAN . If yes what is the maximum amount can be invested. Is their any specific way of investing.

Dear Sir/Madam

I WANT TO KNOW THAT WE SHOULD DEDUCT THE TDS ON CONVEYANCE (IT COMES INTO TRANSPORTER OR NOT) AND HOW MUCH TDS WE SHOULD DEDUCTS.

Hi, I hv filed the ROI for AY 2009-10 but have not recd the refund till now. What should i do? Plz suggest way to get it the earliest.

My wife recd a gift from her father for Rs. 10,00,000.00 , Both are I.T. assesse,the above amount was transfer from bank accounts ,since the above is tax exempted , what are the documents that i have to produce to the I.T. dept. if asked for

Dear Sir,

I have a query related to filing an income tax return for an assessee having a Income from giving Tuition to Students.

1) have to show this income under head income from other sources

2) Use ITR FORM 2

3) Did have to issue a receipt vch with Re1 for cash receiving above Rs.1000.00 and without stamp for cheque.

4) Maintain all these receipts or the bank Pass book is enough showing the entry of amount received.

5) While submitting the return what type of documentation required.

Please give me a details information.

Regards,

Ajay

Wht is the taxability of stipend earned as income /??
Stipend earned by articles are taxable ??
if yes or not., under which provisions..?

In the tax paid time the assesee fill the wrong tan no after three months he got the mistuch now how to rectyfy the TAN

Hello All


Request a response for my query.

A nationalised bank fails to deduct tds on salary of an employee, for a particular financial year. They have neither deducted from the employee, nor remitted it to the government. IN the next financial year, they realise their error.


1. Can they deduct from the employee and remit it with interest to the govt, now?

2.How do they account for the entry, in their books?

3.How will they issue form 16? can it include the TDS deducted now?

4.Will this be an issue , when it comes to their statutory audit?


Appreciate all response.

Thank you

while paying TDS online, by mistake I selected assessment year 2011-12 instead of assessmen year 2010-11.

what is the procedure for correct the same?