Hi Freinds,
plz clarify me regarding deduction of tds on sub-contractors.

company 'A' entered into contract for construction of cell towers with a mobile company 'B' and 'A' gave sub-contract to Company 'C'.

While making payment, 'B' deducted TDS and net Payment remitted to 'A'.

Now 'A' while making payment to 'C' (sub-contractor) shd TDS to be deducted or not?????????

A HOUSE LOAN IS TAKEN ON THE NAME OF WIFE
MY QUESTION IS THAT,
WHETHER HUSBAND CAN AVAIL THE BENEFIT OF INTEREST & PRINCIPLE AMOUNT IF HIS WIFE IS NOT CLAIMING ANY DEDUCTION ?

Dear Sir,

Our client, Mrs.Desai's husband passed away in Feb,2014. He was an employee of a Big Power Distribution company in India. Being legal heir, she is to receive a death benefit from Company of Rs.15 Lacs.

This is apart from PF, Gratuity, Leave encasement & Pension. This is under company's private Policy to help legal heir of employee who died while in service.It is not recognized by any government or not a part of fund.

Kindly advice on taxability. Cant it be exempted income?

Sir I wanted to ask that if rent derived from a commercial property is divided n received among two people then for the applicability to register in service tax..9 lakh limit is to b calculated combining d rent received by both people or individually??..m gttng confused...plz rep asap

vt r changes in ca final course in nov. 2014

Dear Experts,

I am working in a partnership firm and getting salary 20,000/- per month. My salary for the FY year 2014-15 is 2,40,000/- PA.

Kindly tell how much TDS is deducted every month and tell the procedure/calculation.

kindly give details.

Thanks

Hello Experts...

I have an issue on TDS deduction on brokerage bill, my problem is as under:

We have got a brokerage bill dated: 31/03/2014 from a broker for selling our goods in the F.Y. 2012-13, bill amount is 7000/-. He gave us bill in may 1st, so we have not taken the into accounts yet..
my question is, whether

1)i can take this bill in books of a/c on the same date i.s. 31/03/2014 and deduct TDS on the same date or not..

2)now that last date for payment of TDS of march is over and we have already paid
TDS for the F.Y. 2013-14 can we still deduct and pay TDS or not.

Kindly help me resolve this issue.

experts,
Since a company has filed excise return on 31st March 2014. but some of the GTA bills were received in April 2014,company has to enter these bills in previous year. Whether company has to file revised return or can pay excise with interest ???

Renting/hiring of movable proprty for example machinry,tractor trolly etc will be charged to service tax or not ? If yes, plz mention relevant provision/Section

Hello 1)i want to know that if trustee gives an amount for opening of bank account what is the treatment in tally. 2)whether the land redevelopement money of wakfs board received is an income and what is ita treatment.