Parent compamy employees provide service to the subsidary company ,but the parent company deduct the TDS on payments to his Employees & same amount is received from the subsidary company ,whether the subsidary company deduct the TDS on the payments to the parent company .If yes why?.
If not why?.

whether TDS is deducted on Designing & Development.

Sir i want to know that I could pay More than Rs.20000/- in cash for the Purchase of Computer and Laptop.

Dear Experts,
A Non resident who resides more than 180 days in last year in India, is resident in India in current year.

He has done some transaction in shares taxable under capital gain. thereafter he has left india but his family resides in india.

Neither he has given power of Attorney to any person nor he has made any legal representative.

Can anybody tell me in whose hand his income will be taxable???

TDS U/s 194 J has been deducted on my stipend as an industrial trainee. I had explained the co. that stipend is not taxable but they did not budge. Now to claim the TDS I would have to file ITR IV showing the stipend income as professional income? Is this appropriate?

Regds

I would like to ask that if the date of order in case of merger is 06.01.09 and
the effective date in order is 09.04.09, then which date should be considered for giving the effects of merger in the books of transferor and transferre company.



thanks!

What is Unique Transaction Number? and is it compulsory for every assessee? Please give me discribe answer.

if long term capital gain arises out of sale of share or equity mutual funds,in this case we have to pay tax on LTCG or not?

in which situation agricultural land is not considerd as capital asset?

A PARTNERSHIP FIRM HAVING 2 PARTNERS [HUSBAND & WIFE] CARRIED ON THEIR BUSINESS OF SAMPLE ANALYSIS. DURING THE MONTH OF JAN 2009 WIFE DIED. ACCOUNTING METHOD ADOPTED - CASH BASIS. AFTER HER DEATH, HUSBAND CARRIED ON BUSINESS IN THE NAME OF FIRM [INDIVIDUAL STATUS]. MY OPINION IS : BOTH BUSINESS ARE SEPARATE. HE HAD TO CLOSE BOOKS OF HIS PARTNERSHIP FIRM ON THE DAY OF DEATH OF HIS ONLY PARTNER. HE HAS TO TAKEOVER ENTIRE BUSINESS AS AN INDIVIDUAL ON THE SAME DAY AND HAS TO PREPARE NEW BOOKS OF ACCOUNTS FOR BALANCE PERIOD OF THE FINANCIAL YEAR. TAX AUDIT IS REQUIRED ONLY IF ONE OF THE BOOKS HAVE INCOME EXCEEDING Rs. 10 LAKHS. LET ME KNOW, AM I RIGHT OR WRONG ?