Sir,

How can we rectify the error if we had paid the challan of company & individual equally.

Dear friends,

my client has filed a return for a.y. 2008-09 with house property loss and loss has been stated at wrong place in return form. for the same she has received intimation u/s 143(1),but she was unaware until now.and not also filed rectification u/s 154. now she has received notice u/s 245 for adjusting demand against refund of a.y. 2013-14 but if error is rectified she is receiving refund for a.y. 2008-09 also. so my question is that can i filed rectification u/s 154 now for a.y. 2008-09 ? please give suggestion if any.

Dear Sir,

employee joined in my company in the month of Oct 2013 for salary Rs.22,500/-.

There is no tax liability for him from oct to Mar 2014 of Rs.22500*6 = Rs.1,35,000/-

Is there any liability for deducting TDS from his salary for the present 3rd quarter.Because his income not exceeded the basic exemption.

Please reply me as earlier as possible.

Best Regards,
Ravi.

which book should be preferred for income tax in IPCC for better understanding??

Is service tax and TDS chargeable on International Freight? Service provider is Indian company. Kindly elaborate.

WHAT IS THE REASON/LOGIC BEHIND THE NON APPLICABILITY OF TDS IN CASE OF 1ST YEAR AUDIT?

IS 10.00 LAC EXEMPTION APPLICABLE ON RCM ?

A PVT LTD COMPANY (PLASTIC GOODS MANUFACTURING FACTORY) ANNUAL TURNOVER 30.00 CRORE ----RCM IS APPLICABLE ON THE SAID PVT LTD COMPANY ??


AND WHO IS BODY CORPORATE ?


PLEASE GUIDE

Whether different bills of different dates of one party paid on a single day and therefore the payments exceeds 20000/35000 will attracts sec40A(3).

We have 3 bills of our consultant 6000, 12000 and 12000 dated 16/7/2013, 3/10/2013 and 2/1/2014 respectively. my question is, should i deduct TDS on these three bills?

PARTY NAME : KAYPRO TECHNOLOGIES PVT LTD.

FOLLOWING BILL RAISED AGAINST US :

BILL NO. 1 - ON 25TH MARCH
WHICH CONTAINS ONLY ITEMS LIKE CAMERA , DRIVES , ETC .. BUT NO SERVICE CHARGE !

BILL NO :2 RAISED ON 26TH MARCH AGAINST ELECTRICAL WORK CHARGE

BILL NO : 3 RAISED ON 27TH MARCH AGAINST SOME ANNUAL MAINTENANCE FEES

SHOULD TDS BE DEDUCTED ? UNDER WHICH SEC ?
AND ALSO NO SERVICE TAX CHARGED BY THE PARTY .. SO ANY POSSIBILITY OF REVERSE CHARGE MECHANISM ??
PLEASE REPLY ASAP . URGENT .
THANK YOU:)