Suppose the voucher is as follows :-
VOUCHER 1:-
Fees for Professional Service Rs.1000
Conveyance Charges Rs. 100
TOTAL Rs.1100
-----TDS should be deducted on either Rs. 1100 or Rs. 100
x-----x-----x-----x-----x-----x----x---x--x
Now suppose the professional has given two vouchers as follows:-
VOUCHER 1:-
Fees for Professional Service Rs.1000
TOTAL Rs.1000
& VOUCHER 2:-
Conveyance Charges Rs.100
TOTAL Rs.100
----Now on which bill TDS is to be deducted????
Hi Sir / Madam
Our employee has taken housing loan from bank. And the house property is owned by the three persons,viz his brother, his brothers wife & himself. he is paying the full amount of installment from his bank & he want to get benefit of home loan against income tax. Can he get full benefit of home loan or as he is a co-owner, on that behalf he is getting benefit of his share only?
Regards
Anil
Can Anyone Tell me What Can Be the Residential Status Of A person Who has Died During Financial Year ,& was alive for even Less than 62 Days? & many a times Preceeding Previous years he also Had NR as his Residential Status
If a car is hired from a car agency on a regular basis for a month and also log book is maintained for the usage of car, then what kind of TDS will be deducted :--
1). TDS for 194-I, as it is in the nature of rent agreement for hire of car?
OR
2). TDS for 194-C, as it is a contract for hiring of car?
If a car is hired from a car agency on a regular basis for a month and also log book is maintained for the usage of car, then what kind of TDS will be deducted :--
1). TDS for 194-I, as it is in the nature of rent agreement for hire of car?
OR
2). TDS for 194-C, as it is a contract for hiring of car?
hai friends,
i have cleared PE2,
i heard that we will not get consolidated memo of marks but we will get a passing certificate,
can any one tell me is this so?,
if so do we need to collect the same from our institute ICAI(hyderabad),
or will it be despached to our postal address.
thanks
We have done more number of purchase transaction via stock transfer. For theses purchases we have to issue Form F under VAT.But we are having only two numbers of Form F. Can we issue one form F mentioning all purchase details or we we have to issue separate forms for each transaction.
In case of change of Auditors during the year, what is the Auditors remuneration to be disclosed in Notes to accounts?
whether it should be the one paid to the Signing auditors only or including the fees to the retiring auditors also?
Thanx.
Can anyone will help me in solving one query that : is stipened which is recd by me in Articleship period is taxable in my hand. Also is that stipened amt paid by my Sir is given as deduction in there computation of Income from Business & Professions?
Hi
Please any body help me to calculate the Income tax of resident woman assessee having salary income of $6000 for one month from US Company. Her Indian Gross total income is Rs. 2,70, 955/-.
-With Regards,
Ravindra
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
On which amount Tax should be deducted