Mr.A is receiving ex-gratia for the FY 2014-15 of Rs.300000. He is a senior citizen. He is also having 80c ded. for an amt of Rs. 5000. How much I have to deduct tds in this case?

Respected Sir

I am lecturer in govt school on contract basis & getting salary of Rs. 241400/- annual AY 2014-15, but school is not deduct tax on salary. So sir i have deposit tax of Rs. 2205/- in treasury account 8658-51-101-99-51 with mention TAN no. on challan top & giving the challan of my school accounts deptt. I want deposit my Income Tax Return. Please guide me the treat of tax which head?

A prop. firm has leased its one unit to someone.

Now will the lease income be taxed under Business & profession head after deducting depreciation on leased assets ????

the firm is also doing some separate business activity..

1. Is whole time director or managing director liable to provide service tax on any remuneration he gets from the company ?

2. Is private company liable to pay service tax for the service availed by his managing directors ?

3. In context of Service tax, what does remuneration include for the directors ?

Respected Sir,

I want clarification about service tax, Our company rent amount Rs. 1,40,000/-. it is our M.D.own building. he is bill raised without service tax. As per notification no. 45/07-08-12. It is applicable for reversecharge mechanism ?.
Pl help me. Now, service tax auditing going on .

In case of work contract, receiver paid his portion of ST without payment to party and availed as input credit but not utilised until payment is made to party. whether service receiver can avail this credit. what is the consequences?

At the time of Filing Form 23B for FY 2012-13 Prescrutiny Error occurs like that form is not latest kindly download fresh form and upload the same. But we already downloaded Form 23B from mca site 2-3 times but prescrutiny Error Occurs.. Then now tell me Which form is to be filed for information by auditor to the company as per companies act 2013...

Kindly Reply because its URGENT...

security service charges - 18000
service tax - 2225
Total amount - 20225 bill issued

What will be the journal entry ?

and i paid the 19820 by deducting 2% tds (405)

What will be the payment entry ?

security service charges - 18000
service tax - 2225
Total amount - 20225 bill issued

What will be the journal entry ?

and i paid the 19820 by deducting 2% tds (405)

What will be the payment entry ?

Dear Sir,

Please give your valuable advise on whether a lessee company can capitalise and claim depreciation on the improvements made on a leased building...

The nature of Lease is operational lease and the lessee company had incurred expenditure from plastering work to office furnishing

Thanks in advance

Sajana