Hi everyone,


1 st invoice raised by manpower service:-26751 of dec month
2nd invoice raised:-39026 of jan month
3rd invoice raised:-19802 of feb month

My company didnot deduct tds on such contractor on 2 invoice which is above 30000. can i deduct on 3rd invoice which is below 30000.
what is the procedure of deducting of tds not yet deducting on jan month.

pls advice above this matter. can u give your mob no to discuss of my query on future.
its very urgent. pls..........

Dear sir,

Please clarify the following

if the port trust raising the bill for services rendered in port including service tax, then what is the rate of tds u/s 194c?

is it 1% or 2%?

please clarify it

Sir,I want to do B.Sc. in open university or externally which don't require to attend the classes but i don't give this information to ICAI.I also doing the regular course which has get the Permission of ICAI.
After Passing CA examination and at the time of getting Membership of ICAI and after getting the Membership.
In the above three cases, what happen?
Please tell in Detail and with all respect.
Thank you.

Sir,
We are a Pvt limited company in construction . We have engaged some sub contractors at Maharashtra site.

Point No, 1. We have given the sub contractors some Advance payment more than 30,000.00 but we have not deducted the TDS.


Point No. 2 Only few Sub contractors have given us the bills but rest of other have not submitted in that case what we have to do.

How we will have to pay TDS , based on advance payment or once the bills received.

Kindly suggest


Thanks
Sushant

in section 87a there is rebate of 2000/- on income tax if net salary for fy 2013-14 is upto 5 lac. so what is component of net salar? whether it is salary after deduction of saving under 80c? plz answer

hi..suggest me some options for cpt coaching in Delhi....

sir I was not received my cpt original marks sheet what can I do to get that

I need to create a limited liability entity to run a business and am trying to decide whether to go with an LLP or a Pvt. Ltd. One of my major considerations is to have a structure that allows me to have easy access to the use the profits that will be generated in the business. Since this business will be the only source of income for me, it is important that I be able to use the money that is earned for business as well as personal requirements.

From what I understand, the only tax efficient way to take money out from a Pvt. Ltd. is by way of salary. Dividend leads to double taxation and a buyback of shares by an unlisted company would attract capital gains. Compared with this, in an LLP, although remuneration is limited, one can withdraw capital/accrued profits when required and also charge an interest on capital.

Would like to know if I am missing anything and any other inputs that would help me make a better decision. Also, as far as remuneration (salary + commission) to directors in a Pvt. Ltd. is concerned, are there any upper limits or is it left to an assessing officer to decide if the remuneration is reasonable. For e.g., if the profit after all expenses but before Directors remuneration is Rs. 1,00,00,000, what is the maximum that a Director can take as remuneration without attracting the ire of the IT department.

Please note that all Directors/Partners will be family members.

Thanks in advance.

Can any expert tell me how to calculate
penal interest in case of late
submission of stock statement..?i.e.
Exact calculation @ which rate on
which amount .... In case of bank
of india... Please reply it is urgent.... Thanks experts...in advance

if there are 3 bills on same date like 07.03.2014 bill no. 20,22,25 and amt. is 10000, 12000, 14000 is tds is liable or not us 194 c?
tDS is applicable or membership & subscription fees or not? if yes, in which section?