Dear Friends
Please tell me one of my client purchased land 31-3-14 for Rs. 71,00,000. but didn`t deducted any TDS on purchase of immovable prop.

My client`s income is from other sources only Rs. 300,000 P.A. and never audited earlier year.

He purchased this land out of loan received from others.
Does he liable to deduct TDS.

We are going to refinance our aircraft
for which we need to pay due diligence fees of USD 6000
and subsequently once loan is approved interest & principal payment also
nothing will be made available from foll company..neither PAN nor TRC
pls suggest ..is TDS applicable
if yes what is the rate…
The finance company is in florida,USA.
AND PLZ PROVIDE UNDER WHICH SECTION OR DTAA IT IS TAXABLE FOR OUR REFERENCE.

Please help me in this matter :
Mr.K is a computer dealer of West Bengal.He got an order from Air Force Head Quarter of Assam. Mr. K purchased some computers @2%CST from Arunachal Pradesh and during transit, it sold the goods to the Air Force Head Quarter of Assam @2% CST.
Mr.K has already paid the Output CST by way of challan to the Tax Dept.
Now at the time of filling of return Mr. K faced a problem to make a correct entry in Form 1 and Annexure D of CST as the Govt. Concern did not provided him any TIN No.
How Mr. K will file the Return with correct Entry thereof??

Our company is manufacturing Pvt. Ltd. company.our company is form in 2010-11. in Fy 12-13 turnover was more than 1 crore. so in 12-13 we had audited our accounts. Now in FY 13-14, turnover is less than Rs. 1 crore. My question is in FY 13-14, tax audit is compulsory or not.

How can i challenge the valuation of jewellery during Search under Income Tax?
The Valuator has valued the Jewellery at a higher price, how can i challenge his valuation.

what is carrot and stick bond

Hello, I am doing bms and cs also. Further I don't want to do MBA thats why i joined CS. But now the scope of CS is also becoming narrow due the changes the in rules. And because of this I am planning to do CA after completion of bms. Will it be a good choice?

In 1st firm - 09/09/2013 to 24/02/2014
I got a letter from icai in which it is mention that i hv completed 5 mnths 5 days articlship

In 2nd firm - 25/02/2014 to 19/04/2014
I hv not got letter of transfer from icai yet
Plz tell me now am i eligible for may 2016 attempt.

Now i will fill 103 form in the date of 15/05 /2014

Dear Sir,

We are paid service tax on courier charges in two parts, first is we are sending documents & bills within india only,

secondly we are send our samples & export documents to our foreighn buyers & paid service tax to other agency.

I want to know i can take service tax credit on above both courier charges.


Thanking you,

Shakur Shekhani
Mob.09998877446

My query is gift received from father inlaw or mother in law is taxable or exmept

thanks