CA Sriraghavan
10 May 2013 at 11:14

Income tax on pf withdrawl

Dear Experts

I had worked in 2 companies during the tenure Jul 07 - Sep 08 and from Feb 09 to Dec 10. Thereafter i left my job to pursue CA and indeed i have qualified the same. My query is that i had applied for PF withdrawal of both the companies and had received the EPF amount in Mar 2013. The total amount received is 66000. Should i file my return for FY 12-13 considering this income as from "Other Sources"

Please let me know the treatment.

Thanks in advance


uma..
10 May 2013 at 10:58

Calculation

How will the service tax be charged on godown rent??

I mean rate, any abatement, who will pay (service provider or receiver) ?


and what about a good transport agency providing transportation and also godown rent??




Anonymous
10 May 2013 at 10:54

U/s 80d

Dear Expert,

I made payment of mediclaim policy on dtd 25/03/2013 for the period 28/03/2013 to 27/03/2015. Please guide me how to get tax benefit FY 2012-13 * FY 2013-14


Dinesh Kadam

Sec 195 PAN is necessary for non resident Indian ? How much is % of TDS to be deducted & How many times we can Revise the TDS Return.

advice please.



Anonymous

Hi

In our case we are payment $ 1000 to a NRI who comes to india and gives advisory Services in india. What will be rate of TDS in this Case and whether it is income accrued or arisen in india under section 5(2)
or it will be falls under section 9 ( deemed to be accrured or arisen in india )

Thanks


shalaka shekhar rao

Dear Sir/Madam,
I have one house propety which is self occupied and now i purchased one more house which is considered as deemed to be let out.
I want to know that can i get deduction u/s 24b of interst on housing loan of 2nd house if i pay interst of Rs. 2,00,000/- and can i get full principle amt of deduction u/s 80c. I have no loan on 1st house.
I hope my question is clear to you.
Thanking you,



Anonymous
10 May 2013 at 08:47

Tds on reimbursement

Our CA raised a bill of Rs.150000 with Service tax of Rs. 18540(Total Bill Amt. 168540) for Professional Services for the period of 2012-13. He also raised a separate bill of Rs.45000 with Service tax of Rs.5562(Total Bill Amt. 50562) towards conveyances expenses incurred by him.
We deducted TDS on Rs.168540. Now do we also have to deduct TDS on the Conveyance Expenses bill raised by him?


Thanking You
Ramesh Sharma



Anonymous
10 May 2013 at 01:18

Due date

can anyone please provide me with the due date for statutory obligation for both payment and returns ( including that of professional tax, esic, pf) applicable to private limited company.


please revert back.



Anonymous
10 May 2013 at 00:45

About exemption

Can i have a chance of getting exemption in Group I Paper if i have appeared all the exam of Group I But fail to appear in any subject of Group II if i have applied for Both Group examination.



Anonymous
10 May 2013 at 00:22

Take over code

"Company 'A' is a listed company. The X Family is a promoter of Company 'A' and along with friends and relatives, collectively owns 35% of the equity capital of the said company.



Mr. X, the patriarch of the X fmly holds 24.5% of the equity shares of Company 'A'.



The X fmly desires to consolidate all holdings in the hands of M\r. X, who wolud in turn form a company cld X Ltd. to which he would transfer all the shares and in which he would hold 100% of the equity share capital .



X fmly has approached you to explain any implications of the Takeover Regulations. They do not want such a restructuring of a fmly holdeing to triggfer an open offer.





Please advise fmly X on how they can achiever thier objective."





CCI Pro
Meet our CAclubindia PRO Members


Follow us


Answer Query