The assessee company dispatched goods to customers, through goods carriages by road. Initially, the customer on receipt of the goods paid the freight to the transporter and later the company reimbursed the freight to the customer.
Now the question is:
(1) whether the company is liable to deduct
TDS on such freight reimbursements?
(2) Is the exemption given under sub-section 6)of section 194C is available in case of transporters, as there it is given that it is in case of plying, hiring or leasing goods carriages, on furnishing of PAN.
my client(individual) turnover is 43 lakhs from businees , 80C is 1,00,000, and housing loan paid is interest 1,02,619 and principal is 5,309 Do can i file ITR 4S
I want to know the Criteria for Revision of tax audit report issued U/s 44AD.
Mr.X has sold a house property on 04/04/2013 and he is planning to buy a new house property by entering into an agreement on 03/04/2014
but is it fine if he makes the payment by 15/04/2014 i.e. after lapsing 1 year
but he will enter into an agreement on 03/04/2014
kindly advise whether deduction will be available u/s54 if payment made after 04/04/2014 but befor filing IT return
Dear Sir,
I sent my form 103 and ID card for registration to SIRC ICAI Chennai dated 28.10.2013 Still I am not received my registration and ID card.
We spoken to helpdesk SIRC ICAI Chennai, confirms already sent. But till date I am not received.
Please help me how to track?
Please tell me that my client has submitted Form 10E to his employer for claiming the relief u/s 89(1)so that employer should not deduct the TDS.
Now please tell me, is there any requirement to claim the relief before A.O. through any form? If yes then what is the form and the procedure?
Whether the different units carying on different activities under one company shall be treated as separate entities for classification as a micro,small or medium enterprise? please answer with supporting case laws.
If an assessee has income from salary, house property, other sources and business income u/s 44AD, then will interest u/s 234b & 234c be applicable?
Dear all Experts....Greetings of the day!!!
Facts of the case....
A limited company has paid technical fees for installation of plant & machinery to a NON-RESIDENT. The said non-resident belongs to USA. India is having DTAA with USA.
I want to know what would be TDS rate?
I'm a student & not earning any income I have received a movable property fmv 500000 then it is taxable in whose hand
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Tds on freight