Hello Frnds

My question is if a person(Salaried Employee) has not submitted his return of income for the AY 2007-08 & 2008-09 as no income tax is due but his employer has deducted the TDS on the same........ may be bcox he hadnt submitted docs as proof for eligible deductions.

So now can he submit his returns and whether he is liable to penalty or not

Company A is registered under centralised registration at Ahmedabad. It has two branches at other two places viz. Mehsana(B) & Anand(C). It has centralised accounting system. Whether the branches are required to be registered as input services distributor if services are received at branches or company can take credit of input services directly. If Company can take credit directly then whether billing of input service is required to be addressed at H.O i.e Ahmedabad.

Thanks in advance.

Asit Patel

A Perosn is receiving Rs 216000 each from 2 company in which he is a director and one company is showing as remuneration and the other is showing as salary

What do the person has to show in his personal file

Hi.. can you people tell me if there is anything that is different while writing in the answer sheet.

I have heard that use of pencil is not allowed and also the use of coloured pens is not allowed. like these can you please let me know if there are such items to consider in writing the answer sheet

Sir,

I would like to file my return for the Assessment Year 2007-08 (F.Y 2006-2007)through efiling & My income is below taxable limit. I have already file the return for Assessment year 2008-09 in time. What will be the consequences. I want to take Home Loan . So I need the return for last three years.

Thanks

Whether AOP or Trust is liable to deduct TDS and pay the same to the Central Government for the F.Y.2008-09?

A TRUCK OWNER WHO ARE PAID AMOUNT ON CONTRACT BASE AND AMOUNT OF PAYMENT IS EXCESS RS. 20000/- IN ONE TRIP BUT DOES NOT EXCESS RS. 50000/- DURING THE YEAR AND AMOUNT OF PAYMENT IS PAID IN TWO INSTALLMENT ONE AT THE TIME OF TRIP AND BALANCE IS ON FINISHING THE TRIP THEN WHETHER AMOUNT OF PAYMENT IS LIABLE TO TDS???

What will the tax liability of an individual whose normal income is 200000, STCG u/s 111A is 50000 and deduction under Sec 80C is 100000 ? Will the tax liability for AY 2009-10 be NIL or Rs 5150 ? Pls confirm.

Hi
Please clerify

We do normally Deduct TDS on Rent payable Excluding Service tax, correct ?

If in that bill Vat is also there with Service Tax ? tell me

Wether, Should i deduct TDS considering VAT or Not Considering VAT ?

and Please tell me the reasion i want to know reason also

Mukund

Can a male person, having his wife and three daughters in his family, form HUF?
What steps should be taken?
Whether married daughter will be part of such HUF?
Is it necessary to file IT return if the aggregate annual income of such HUF is below Rs. 1,00,000 (Rs. one lakh)?

Please guide with your expert opinion.