Hi All,

i need to deduct TDS from salary of Employees. i have confusion like, should i consider the Net salary or Gross Salary for calculating the TDS. can anybody please tell me in details that , how can i calculate TDS on Salary as per the current IT slab rate???

I am receiving a rent 3,70,000 per f.y year. please suggest me how much amt. service tax will be paid ASAP.

Regards
Manish Pareek

Dear All,
Good Morning,

We have an mfg. excisable unit & started our company from 2010 but production started from nov-12. We are taking credit on caital goods & raw material from 2010-2011. we are filling ER-1 Monthly.

Quary: 1-We have to file ER-4,5,6,7,8 on line or not.

Please reply ASAP. Thanks in advance.

Regards

Ashish

Dear experts,

One of My client being a Pvt.Ltd.Co.has remitted TDS liability On Brokerage through online Challan No.ITNS 281 Dt.01.12.2012 as collected from the Deductee's in Nov,2012.However his Accountant has made a small mistake that Under Minor Head it was mentioned "400-TDS/TCS Regular Assessment as raised by I.T.Deptt." instead of " 200-TDS payable by Tax payer" as actual.

Now How to resolve the said Mistake by way of Filing a Letter to whom & any format of such letter please provide the same also.

Dear All,

We want to pay certain amount to Hongkong based party, as there is no DTAA between India & Hongkong, at what rate the transaction be taxed?

Regards,
Ritesh

Dear All,

We are Pvt ltd Company and want to registration with service tax department and we have filled online st -1 form and take print out .


my query is that which are documents & annexure should be submitted along with st-1 from

Hi,

Few of my friends (salaried) want to file Income Tax return now for the previous years.

Questions

1 Is there any penalty for filing IT returns now

2 what are the procedure now to file returns (most of them are salaried no other source)

3 One of my friend wants apply for Home loan and the bank manager is asking for IT returns for past 3 years. he has never filed IT returns. what would be the procedure for him

4 if the home loan is taken on joint owner basis (husband-wife) can the deduction for principal repayment be claimed up to 2lakhs u/s 80c (as reduced by PF amt)

Thanks in advance

hi i have attempted cpt twice but i failed to clear so can i give a try or shift to ipcc????? i'm also doing my b.com 2nd year plzzzzzzzzzzzzzzzzzzzzzzzz reply!!!!!!

a is a lady aged 60 years has 3 son(b,c,d) and 3(e,f,g) daughter in law in her family. She purchased a house in 60.00 lacs. She has not enough fund so all the other family members also contributed for the same but house was registered in the single name A. Further they take home loan for the purchase and construction of the same house in the joint name a,b,c,d,e,f,g of rs 75.00 lakhs. Further they all are jointly repaying the home loan. now a,b,c,d,e,f,g all want to take benefit of sec 24 (Interest on borrowed capital) and sec 80C (Principle repayment of housing loan) Is it possible and what additional arrangement they should do for taking such benefit. keep in mind Mrs A is sole person in which name property is registered.

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I have just sold my agriculture land where from I received maximum chunk in cash. Now I wish to buy a residential property and I have to shed 50lacs as a registry value. I have 25L in my bank.
My query is can I arrange a temporary loan from my tax payee friends. Say 50000/- each from 50 friends, which will generate my bank balance to the tune of 50L required to by a property? Is there any Income Tax department objection. If not, how long can I continue this loan? Please advice.