CA Suresh Paghdar
01 April 2009 at 12:07

TDS

Mr A acquire an office building on Rent.As per rent agreement Mr.A has to pay Rs.45000/-pm rent and Property Tax Rs 16,00,000/p.a.
Now the querry is whether Mr. A is liable to deduct tax only on Rs 45000/-pm or property tax will also be considered as rent in kind and has to deduct tax on that amount also ?


yogesh
01 April 2009 at 11:52

TDS

If TDS has not been deducted on Rent,what is proceeding to me, and whether that rent will be allowed exp u/s 40a(ia)?


Subodh Niraula
01 April 2009 at 11:29

confussion.

sir,
i had taken my transfer from my firm on 15thmarch but not yet deposited the filled and signed form to ICAI..i just wan to know that will my termination be accepted as i havent deposited yet..i m now confussed whether to deposit or again beg my ca to let me allow to join his firm..plzzz help.


shweta jain
01 April 2009 at 11:18

TDS ON RENT PAID FOR A CAR

AT WHAT RATE AND UNDER WHAT SECTION SHOULD TDS BE CHARGED ON THE MONTHLY FIXED RENT PAID FOR THE USE OF CAR BY A COMPANY.


Syed Rehan Hasan
01 April 2009 at 11:03

ITRV Form submission

I have filed my ITR2 through website without digital signature. Can I submit my ITRV verification form at any income tax office in india or I need to go to the income tax office where i used to submit my taxes earlier. I have relocated to a new location, so its difficult to go back to my old income tax office.


Ravi Kumar Rajgaria
01 April 2009 at 10:47

Trwatment of STT

What will be the treatment of STT and other charges paid to broker for purchase/sell of shares in the books of the company in the following situation?

1. If purchase/sell of shares treated as investment-
2. If purchase/sell of shares treated as trading-


harish
01 April 2009 at 10:46

U/S 272B

I GOT A NOTICE FROM I.T.D. FOR PANELITY OF Rs. 10000/- DUE WRONG MENTION OF MY PAN No ON MY ITR FOR THE FY YERAR 2007-08,
HOW CAN I OVERCOME FROM THIS PROBLEM,
IT IS MANDETORY TO PAY THIS PANELITY OR MAY GO TO ACCESSING OFFICER AND REQUEST HIM TO LEAVE ME

HARISH


Bhavin Kanabar
01 April 2009 at 10:17

Tax Audit

One of y client (Properitor) doing business of Shares in delivery base.Annual turnober is exceed of Rs.40,00,000/-. There is any liablity for tax audit or create any other liablity for legal base.


kamal
01 April 2009 at 09:12

Tax Rebate on Home Loan

Hi,

Iam looking for a home loan of INR 500000.
How I can get the best deal to get max tax benefit in this home loan amount.

IS it better to take it for 5 years or good to take it for 10 years.

How much EMI will be best for tax benefit

What is the concept of Tax rebate on principal and interest ?

Kindly guide me


Anurag

Dear Sir,

I have the following query-

Being a Tour Operator & Travel Agent, I need to take services from my sub-agents for my clients. For which they issue Invoice in favour of my company and charge Service Tax on the service provided.

Kindly advise, if I can take Cenvat Credit of the service tax, I have paid already to my sub-agent.

Here, I would like to mention that I'm charging my clients @ 2.58% on the Total Tour Value. Means I'm claiming 75% Abatement, applicable on Tour Operator's Services.

Kindly advise.

Your's sincerely- Anurag






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