Suppose, i have paid Rs. 25,000 to Contractor and had not deduct TDS U/s 194C on the same as it does not Exceed Rs. 30,000,
Now after 10days, i have made payment of Rs. 55,000 to Contractor,
(1) Do i need to deduct TDS on Rs. 80,000 (25K+55K)
(2) Consequences on non-deduction of TDS on 1st Payment.
(3) What if I do not Deduct TDS on the 1st payment.

Which ITR can i file for rental income from land & with which head can i file the return

hi... My client is planning to buy a luxury car. what would be his tax implications. will any information regarding payment for car go income tax dept through any source like AIR? whether he has to mention in his ITR about the car?

i am working as a doctor in a private sector hospital and my income around Rs 1200000 -1300000 per a year . should i eligible to submit 15G form in bank for tax detection for bank saving FDs .
kindly replay to nag.rajeev@gmail.com
thanks .

Hi everyone,

Can anyone of your expertise help me with understanding, what is CST with C form, CST without C form and CST with H form ?

If I have loan on asset from some financial company (i.e. Srei Finance, Magma Finance, HDB Finance or DHFL), can this compnay's CA provide me CA Certificate - form 26A to exempt TDS on interest?? And if they provided it after filing of my ITR then is it valid for exemption on TDS???

Please reply

-Yogesh Gaikwad (9623178750)

An invoice raised on 1st March 2016 and the same received on 25th April 2016. The particular invoice has been booked on 30th April 2016. Our books have been closed on 31st Mar 2016. How we will calculate the TDS? TDS liability will be calculated from the invoice date? or from the accounting date? can you explain?

Can some one please tell me whether we can raise a Foreign currency invoice for the services done in India and can the same be recd in the FC

Thanks and regards
raghunath

An invoice raised on 1st March 2016 and the same received on 25th April 2016. The particular invoice has been booked on 30th April 2016. Our books have been closed on 31st Mar 2016.

How we will calculate the TDS?

TDS liability will be calculated from the invoice date? or from the accounting date?

can you explain?

Dear Sir,
what is the Luxury tax rate in delhi. and how will be calculate tax for Hotel Room In Delhi.