X Ltd. is giving vehicles on hire (Hire is Rs.1,00,000/- per month) to Y ltd., and then X ltd. also takes vehicles on hire(hire is Rs.20,000 per month) from Y Ltd. Now the X Ltd. pays to Y Ltd Rs.80,000(i.e 1,00,000-20,000). Now the Query is on what amount TDS shall be deductd? (i.e on Rs.1,00,000/- or Rs.80,000/-)
If A Ltd. gets contract from B Ltd. on sub contract basis whether A Ltd. is liable to pay service tax or B Ltd. is liabel to pay service tax on behalf of A Ltd. (Contract related to National Highway Roads)
Hello, My client is into tailoring of bridal wear like specialized embroidery and all. Annual receipts is 5-7 lacs p.a. Will this be covered under any service tax? Or will be treated as business income? Receipts are 100% in cash.
Thanks for solution. Its in Maharashtra Pune. What is the reference for checking the stamp value ie.( any Link, book, schedule. etc)
Deal All,
I want know minimum eligibility for professional courses like CA, CS, ICWA. Is there any minimum precentage at graduation required? i.e.50%
how to know first name surname of the assessee while registering for e filing of income tax return.I tried so many times i could'nt get it....Is there any other site for checking those details other than income tax sites
An asset's WDV as on 1st April is 20,000.This asset was used 50% for personal use during the year.The depreciation rate is 20%.What I want to know is what will be the WDV of the asset at the end of the year????
What is the rate of IT depreciation for improvement on assets??? And how it has to be calculated???
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
TDS on Hire vehicles Sec 194 I