I am Just wanna to know that if an assessee filed E-TDS Statement after Due Date without payment of Interest u/s 234E...& thenafter if an Assessee got an notice from IT Department for initiation of Interest u/s 234E...On that case whether an Assessee is Liable to pay Interest u/s 234E?
However Tin-NSDL center accept the TDS Statement without Interest u/s 234E....
Whether Notice u/s 234E can be issued by Dept., as same E-TDS Statement is already filed by an Assessee though after due date...???
As per Service Tax Act business entity does not include individuals. So whether proprietorship concern is business entity or not?
Thanks in advance.
Dear Friends
Last year one of my client(individual assessee) had turnover of Rs.58.00 Lacs but since the profit was less than 8% hence audit was conducted(due to section 44AD)
Now this year he has paid interest to some party of Rs.25000/-(Turnover is still less than 1 Cr)
Whether he is liable to deduct TDS u/s 194A
As per my view, after reading section 194A it says that TDS to be deducted only if individual assesseee was liable to audit u/s 44AB(due to clause (a) or (b) of 44AB i.e.due to turnover criteria ie.e.having turnover of Rs.1 cr)
Please guide me in this regard
Thanks
Is TDS applicable if we order to a printing press for print some brochures, pamphlets etc as per our specification and they charge VAT on whole amount?
My client charges service tax on renting on Immovable properties.
Is he eligible to take CENVAT credit of service tax payments made to Builders for under construction properties purchased by him ??
Dear Expert
What is the difference between Rubber stamp and Common Seal?
Can i use round rubber stamp as common seal as well for private companies or common seal is altoghther different??
Thanks in advance
sir i have applisd for icai registration on 22 march 2014. but still i have not got any reply or prospectus... i havae got an email stating my no.CPT/CR00529016 can i use this for cpt exam registration..reply
Hi,
My landlord stay out of India he has given Power Of Attorney to his father.
His father has sign rent paper on behalf of him & giving me rent slip for every month sign by him on the behalf of his son.
So can I give Pan Card Of my landlord & rent slip sign by his father on his behalf to my office to get the benefit of HRA.
NGO registered in delhi and in previous years ITR filed in delhi now from last year they shifted to lucknow from delhi, so my question is can ITR could be file at lucknow or it should be filled in delhi ?
If mr A intends to gift some amount either to his stepmother. Will they be included in the definition of relative? Will such amount be exempted for the purpose of tax calculation?
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Late filing of tds statement.........