I (X Ltd.) have received an Invoice from an "interior decorator" which includes "vat" on full amount and he has not charged any service tax on it as his turnover is less than Rs.10 Lacs.
It has charged at an excess rate and hence I need to debit Rs. 5000 to him.

Now my query is that -

I) whether I should deduct TDS ?

II) If yes, under section 194C or U/S 194J as Interior Decorator is a professional.

III) Further, on GRoss Invoice amount or on the amount arrived after adjusting Debit Note.( Invoice and Dr. Note accounted on same date, say 20.03.09)?

IV)Suppose Invoice dated 15.03.09 is booked on 20.03.09 but debit note of Rs. 5000 is raised on 03.04.09

Remember TDS is to be deducted at the time of payment or credit, whichever is earlier.

Please give an elaborate answer.
I shall be very thankful.

Hello,

I did not find books and notes for CA Final II group New Syllabus in Delhi.

can you please tell me these have been publised or not. how i will prepare for june 09 exams. i have not any book except income tax (Singania)

Regards
Bhagwat
bhaagwat@gmail.com

while calculating income from house property do we deduct the maintainance charges paid for property along with the property tax paid or do we deduct olny the property tax amount?

while calculating income from house property do we deduct the maintainance charges paid for property along with the property tax paid or do we deduct olny the property tax amount?

WHICH ASSESSEES ARE LIABLE TO FILE E-FILING OF RETURN?IS AN INDIVIDUAL FALLING UNDER SEC 44AB THEN IS HE LIABLE TO E-FILING OF RETURN?

SIR,

PLS TELL ME DO I HAVE TO PAY SURCHAGE ON FBT FOR ANY AMOUNT OR THERE IS SOME LIMIT FOR IT

SIR,

PLS TELL ME DO I HAVE TO PAY SURCHAGE ON FBT FOR ANY AMOUNT OR THERE IS SOME LIMIT FOR IT

SIR,

PLS TELL ME DO I HAVE TO PAY SURCHAGE ON FBT FOR ANY AMOUNT OR THERE IS SOME LIMIT FOR IT

What is the tax liability of partnership firm when the bok profit is up to Rs.50000 can you please suggest me the calculation of taxable profit?

Dear members,

On of my client doing business of commision & Brockrage. TDS return regularly filled for last three quarter for A.Y.2009-10.Now my questation is

1,What is the time period for 4th quarter return fill.

2,Return fill is neccesury in E-filling or in CD.I have just fill in manual form no.26Q till the date.

3,Payment is also neccesury through the online Paymentt mode.

4,after the filled of four quarterly return what is the next proccedure to complete the year.

Thanks in advise.
Bhavin