Sec 194 IA and Budget 2013 wef 1.6.2013
I am the buyer purchasing prop valued Rs.60L as per sale deed .
Home loan was availed for Rs.48 L and balance of Rs.12L out of my savings.
Rs.10 L paid in April 2013 by cheque and Rs.2 L paid on 30.5.2013 and Rs.48 L on 31.5.2013 ( home loan disb ) , both by Bankers cheques, mentioned in sale deed also.
I could register the sale deed with Registrar office only on 3rd June
Since full payments were made on or before 31.5.13, is the TDS of 1% applicable in this case? I have not paid the same till date.

namaskar ji,

my client is earlier registered in service tax office with single premise at gujrat as a catering contractor.
now he has closed his work at gujrat and had moved to uttarakhand and now his place of business is in sidcul haridwar,

now since his place of business is in haridwar he had to get registration in jurisdictional office of haridwar. please guide me can he have more than one registration in service tax and o=now what should he do?

A RECENT SECTION TDS ON DIRECTORS REMUNERATION UNDER SECTION 194j(1)(ba) implemented on from 01.07.2012, where it is mentioned that the tds on remuneration will be deduct @10%.but whenever i filling tds return as salary 92b section it is auto calculated in rpu as incometax slab wise.

Therefor please anybody help me in this point how i fill up the tds return and in which section i have to deposit the money on TDS ON DIRECTORS REMUNERATION SECTION 194j(1)(ba)

pl help me

mob-9232768472

An Assessee Pursuing Job in Vietnam Paid tax and filed his return of Income for Ay 2012-13 in Vietnam.He is in India for 156 days .Through calculations his Residential Status is ROR. He had an apartment in India and Paying EMI of Rs 16,000/- There is no other Source of Income in India. Should he also File IT Return in India For AY 2012-13?

Dear Sir/Madam,

Kindly request you to solve the query to the erliest.

A pvt company has provided a director foreign tour with his family and the company is paying all the expenses. what are the limitations under companies act and how shud be the accounting treatment?

whether servicetax paid is debited in the profit & loss a/c is disallowed ? if yes under which section?

whether Tds paid debited is disallowed ?
(Actually this firm is not collecting any tds from payment. so tds collected not in their a/c. They just paying Tds to avoid disallowance of expenditure.)


waiting for reply

thanks.

EXPERTS,

WE BY MISTAKE UPLOADED RETURN WITHOUT SHOWING DEPRECIATION NOW WE RECEIVED INTIMATION U/S 143(1)IN WHICH THEY ARE DISALLOWING US DEPRECIATION HOW WE REPLY TO THEM ?

HOWEVER IN NEXT YEAR WE HAVE TAKEN WDV AFTER DEPRECIATION AMT.

WHAT IS TOBE DONE ? PLZ REPLY FAST OUR REFUND IS PENDING....

I am ipcc student,i cleared my cpt in 2009,after that due to some financial crises i went for job in lnt,due to which i am nt able to concentrate on ipcc,now i wish to join big4 for articleship by taking admission through direct entry,can anybody help me to tel may i apply for big4??

Dear CA club Members,

Please clarify the below Doubt.

In case of Exports and Imports We appointed a CHA, CHA is invoicing us 2 invoices one is Reimbursement Invoice and Another is Service Invoice. In Reimburcement invoice it is not charging service tax, but for the reimbursement invoice we are getting the supportings from the 3rd party in our name where the 3rd party is charging service Tax, and we are claiming that service Tax also. Now while making payment to CHA for those reimbursement charges shall we deduct TDS.

Now I will explain with Example. CHA is raising 2 invoices One is Reimbursement and another is service Invoice,

So noew how i am passing the entries for Reimbursement Invoice

Freight on Import Dr.

Service Tax Dr.

To 3rd Party Cr.

than

3rd Party Dr.

To CHA Cr.

than

CHA Dr.

To Bank A/c Cr.



and for service Invoice

Freight Doc. Charges Dr.

Service Tax Dr.

To CHA Cr.

Than

CHA A/c Dr.

To Bank A/c Cr.

To TDS A/c Cr.

In case of Reimbursement invoice i am not deducting TDS because we are not paying directly to 3rd party, we are paying to CHA through Reimbursement Bill.

Please clarify, What is correct whether we need to deduct TDS on the amount paid to 3rd party through Reimbursemnt bill because we are taking service Tax credit on 3rd party invoice

or No need to deduct TDS because we are not directly making payment to 3rd party and we are paying through Reimbursement invoice to our CHA.

For your information our CHA is neither taking Service Tax Credit on 3rd Party invoice nor he is deducting TDS on it.

and if TDS need to be deducted it is whose responsibility to deduct TDS.....?

Dear,
What if we won't finish GMCS-1 within 1 year/