Sir/ madam,
Every person (other than indvidual/huf) paying freight are required to deduct TDS.

My querry is as follows:
(i) The company is paying regularly freight to Truck driver directly in cash below Rs. 20000 in each case.
(ii)And Trucks are being send by same transporter (say, Delhi Bombay Transport) in every case. But the Truck no. is different in every case and payment is below Rs 20000.
Is the company required to deduct TDS on Freight payment.

Thanks & Regards

to whom it is mandatory to file e-TDS return ?

Hi Friends Can anyone confirm me whether the Final Nov 2009 Examination has been preponed or it is a rumour

Dear sir,
I would like to know whether the website developers are covered under Service tax.
And if we register a Domain of a client, do we need to charge Service Tax???

hi

what do u mean by distinctive nos??? what is its purpose??? why do we mention it in share certificates??? how do we get the distinctive nos on share certificates??

hi
x company took loan of 5 crores.after some period he paid 2 crores to bank.now he want to settlement with bank for remaining 3 crores rs.bank agree for a same.and 2 cr.Rs paid to bank as final amount of loan.
My quries is :
1.what will be entry in books of x company ?
whether outstanding 1 cr.transfer to reserve or it transfer to profit and loss a/c?
2.and what will tax effect of this.
whether it is addback and tax will cal.
on 1 cr. or not ?

3.what will be position in case of individual ?

hi
x company took loan of 5 crores.after some period he paid 2 crores to bank.now he want to settlement with bank for remaining 3 crores rs.bank agree for a same.and 2 cr.Rs paid to bank as final amount of loan.
My quries is :
1.what will be entry in books of x company ?
whether outstanding 1 cr.transfer to reserve or it transfer to profit and loss a/c?
2.and what will tax effect of this.
whether it is addback and tax will cal.
on 1 cr. or not ?

3.what will be position in case of individual ?

So one can open HUF account even though his father has an HUF account right??.

I already have applied for HUF PAN No and have received the PAN no. Also I have created the rubber stamp of KARTA.

Now I have two questions

a) I want to prepare the ded on stamp paper. so is there any fixed format of it and what amount (Rs100 or Rs200) of stamp paper we have to prepare the ded.

b) What all trasaction normally happen in HUF account. Like receiving of interest. As it is an HUF account so in my bank whether i have to open an saving a/c or current a/c
in my name eg Rajesh K Nagda(HUF). Also only i know is I can not take professional charges in HUF a/c.

Please Guide me with some more information

Regards
Rajesh K Nagda
(rajesh.nagda@gmail.com)

Dear Sir,

How to calculate on Depreciation for FBT purpose.

W.D.V as on 01.04.07 Rs. 1035904/-
Assets addition Rs. 450000/- as on 01.09.07
All assets sold 20.12.07 Rs. 1690000/-

Block of Motor Car is Nil
Please calculation on depreciation ?

Regards
Satyajit Roy Chowdhury