Dear Sir
My company is a logistics service provider. From one vendor we receive Transportation bill and forwarding bill also. I receive 2 separate bills.
Do we have to deduct TDS on both bills or only on forwarding bill and not deduct TDS on transportation bill.
Kindly reply
Raina
Sir,Do i require to do inrernship in CS if I am pursuing articleship in CA
Our Company this month will give Computer grant to all employee it will be taxable in income tax or exempt. this is grant and not a reimbursement i.e one time payment to only employee category not for executives. please let me know it is taxable or not
I have registered for IPCC this february from the northern regional office but now I want to shift to Pune.Can this be done?will there be any trouble in registering for articleship from other regional offices?
DEAR SIR,
My query is-
If a salary person take home loan on 2nd home & he pay RS-180000/- interest on both home loan.
He also declare Rental income in Income also.
Can he get interest rebate above 1.5 LAC.
Example- INTEREST PAID-180000/-
Rent received annually -Rs-18000/-
Pls reply
Manoj Jain
Which form to be used for file return. When TDS is deducting under 194D(Insurance Commission)
Hello, My Sister is a agent of "Max Life Insurance Company Limited". For FY 2013-14 Rs.18180.00 is deducted from his total commission for sec. 194D & 194J (Fees for Technical Services). So i want to file a return for above subjects. Kindly tell me which form to be used for that.
I have a MOD account with SBI from which I got Rs 15000 as interest. Now,we all know that MOD account being a 'term deposit', all of the interest earned qualifies for tax. SBI has done that and they have deducted Rs.1500(10% of the interest earned by me) as TDS and it is duly reflected in my form 26AS.
All well and good till now, but when I enter this interest amount(Rs.15000)while filling my IT Return-1,the software calculates the interest at 20%, so it is adding the interest to my total income and calculating income tax on this final sum.
There is no provision in ITR-1 to fill this income from interest from term deposits. My questions are:
1)Is my TDS on interest correctly deducted by the bank
2)Where should I reflect this in my ITR-1/Will I have to fill ITR-2 instead?
hii
we are living in US. My wife is planning to do CPA here.
Can I get education loan for this in India?
And if yes then can I get tax benefit here in US?
Whether director of a company can take tax benefits of 2000 on his director remuneration ?
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Tds on transporter and forwarder