raina goyal
07 June 2014 at 09:56

Tds on transporter and forwarder

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


Darshan Sheth
07 June 2014 at 09:53

Cs internship

Sir,Do i require to do inrernship in CS if I am pursuing articleship in CA



Anonymous

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


Ankit Dubey
07 June 2014 at 09:48

Changing the regional office

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?



Anonymous
07 June 2014 at 08:39

House loan interest rebate

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


Kailas Mate
07 June 2014 at 08:21

About income tax form for sec 194d

Which form to be used for file return. When TDS is deducting under 194D(Insurance Commission)


Kailas Mate
07 June 2014 at 07:04

About income tax for

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.


Himanshu
07 June 2014 at 01:50

Do i need to fill itr-2 ?

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?



Anonymous

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?


CA Arjun B
07 June 2014 at 00:39

Tds

Whether director of a company can take tax benefits of 2000 on his director remuneration ?






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