Respected all,
I (individual) purchased a house site on 02-06-2011 and paid (to individual) an amount of Rs 3750000/- on 31-05-2011 to NRI without deducting TDS. Now i received a notice u/s 201(1) for defaulter u/s 195. Now my dought is, AM I LIABLE TO PAY TAX?I am not having any TAN Number. How can i pay tax?

Balu

I have recd a notice from department and according to their calculation : Date of deduction 30/03/13 Date of deposit of challan 06/06/13 They calculated the months as 4 months and we talked to traces helpcentre they said march month will be taken full and also the june month , and the same calculation is in justification report.

I am selling my property at a loss i.e. there is no LT captial gain after indexation, cost of acquisition etc.
It is a bank loan transfer and the bank is deducting the TDS before payout to me (seller)

I want to avoid paying the 1% TDS and applying for refund in future.

Is there a way to achieve this?

Thanks,
Kapil

Hi,

My company is a Pvt Ltd company & issue right shares to existing share holders. Whether we have to file AIR for the same.

Thanks & regards
Aman

what is the Provision of Service tax on Director's Remuneration given by the company and please discuss it's applicability date.

Who is liable to Pay S.Tax on Director's Remuenariton?????

If Director shows it under the head Salary then whether liability of Service Tax will arise??

Mr A sell rural agricultural land and part of the consideration received in cash and part by cheque. A house property purchased in the name of Mrs A. Now in the books of A, shows Loans & Advance to Mrs A and next year it converts in to Gift & gift deed made.

Does it attract any tax or not?

Dear Sit,
I want to ask how interest on late payment of tds is calculated by department ?
e.g. If date of Deduction is 30.04.2012 (Due date : 07.05.2012) and
Actual Payment of TDS done on 12.06.2012
Is it 2 months delay or 3 months ?
i.e. interest on late payment of TDS @ 1.5 % is for 2 months in this case or for 3 months ?
I am asking this because received notice for default for 3 months delay for above example for one assessee.
Please help......

Dear Sir/Madam,

This is Ravi, i want to know how to file refund re-issue request for AY-2008-09 & AY-2009-10 in case of individual assessee mannually.

because my client file return mannualy at income tax office , original refund voucher cancelled due to some address problem and now want to claim refund re-issue.

please guide.

I have already paid fee online to get registrate in NIRC for orientaion programme after that batches were not available so log out after few days now when batches are availbale
whwn i logged in i'm not available to select any batch and i got no response drom NIRC helpline

please guide me how to deal through with it

is my payment is waste'i have to pay agian or there will be any solution ?

Dear Sir,

I want to know that what will be the tax implications for Services provided of Maintenance work to the Corporates. (Maintenance work include repairing & maintenance of office premises like painting work, replacement of wash basin, replacement chair handle etc.)

is there VAT & Service tax both will be applicable ???

kindly revert.

Thanks