Dear Sir/Ma'am,

We have a advocate on contractual employee and paying monthly salary Rs. 40,000/-,
now my question is which section TDS will be applicable i.e. TDS on Contract - 94C = 1% or TDS on Professional 94J = 10%.??

Pandurang Jadhav
9527517182

Hello,
Will the rates of FD and RD change from time to time?

Can we pay income tax on KVP after maturity if investment or do we have to pay very year?Kisan Vikas Patra investment through post office scheme , the money invested doubles after about 9 years giving about 7.9 percent annual interest.No TDS is deducted , just payout is given and individual has to pay tax as per his tax slab.If the tax can be paid on maturity it will benefit the taxpayer because after 9 years tax slab may increase or person may be retired so instead of being in 30 percent tax slab , person may be in 10 percent slab.Do we have a choice to pay tax only on maturity or do we have to pay every year doing self calculation on tax amount amount of interest earned on basis of a KVP certificate we are holding but not really getting any money in bank.?Also if the KVP deposit is broken earlier before maturity then interest earned is different so how do we calculate interest amount on yearly basis when person is not sure if KVP deposit is going to be encashed only after maturity.

Dear Sir/Madam,

Please help me about
Can we revise TDS return of FY 2015-16 & FY 2016-17 in FY 2019-20 and if your answer is yes, Is there any Interest/penalty regarding the same?

Thanks in Advance.

Umesh K. RAthod

TDS is to be deducted u/s. 194C on freight charges paid if single payment exceeds Rs.30000/- and yearly payment exceeds Rs. 1.00 lac. If I paid freight Rs.10000+10000+10000 during April to June,19 and during July I paid Rs. 80000/-. Now during July,19, whether I have to deduct TDS on 30000/- or on 110000/- ?

Dear Experts,I am doing GST registered business. While registration to Choose Return Type REGULAR later date... I have changed to COMPOSITION type with quarterly return... after one year I have changed REGULAR.... In this all I had filed return regularly.... But now I have received notice from CBDT return default u/s.46. during the period of COMPOSITION with quarterly return... kindly Advise ... What I have to do on this.

I added regular customer AC of money transfer to my netbanking. He will daily transfer of rs above 40000. Due to aadd beneficiary I didn't pay any charge. So Can daily transfer of funds leads to deduct TDS

helo,
I am likely to join my PPF & ESIC, so my query is that when i am joining these both security schemes i am a resident of india, but later within the maturity period if i become a NRI, can i deposit the monthly amount and withdraw after the maturity period being a NRI after joining.

I filed revised returns for 2017-18_Q4, before filing revised returns in original TDS returns challan amount excess, at the time filing some of the deductee does not have valid PAN, at the time of revised returns I adjusted excess amount to remaining deductees who does not have pan at the time original returns, after filing the revised returns, the returns rejected and reason is as follows:-Validate for total amount of tax deposited,

Note:- Above returns both original and revised returns filed in income tax efiling website. Give me valid suggestion for acceptance of revised returns.

I hv booked a under construction flat costing Rs.6300000 for that I hv paid 10percent of booking amount in the month of aug 19,for this stamp duty and registration will be done subsequently, after this,builder is asking me to deduct TDS of 1 % on total flat cost in lumpsum rs.63000 .my enquiry is whether I can pay lumpsum TDS of 1% percent in advance or say at the beginning as my disbursement is in installment . I have paid Rs.630000 as a booking amount before finalizing the deal before sanctioning of loan from bank.Whether TDS is applicable on this booking amount before registration of flat as this is just as a booking amount .pls guide.
Regards