Dear Sir,

Construction of house completed on 25/11/2013.

Constructed house sold on 30/12/2013.

Interest up to the date of construction is available as deduction u/s 24(b) in 5 equal instalment.

Whether deduction is available for 5 years even house property has sold.

rply please

for achieving sales target company has paid commission in kind like foreign tour / car/ gold/ freeze / laptop / mobile etc., my question is whether these kind of expenses attract TDS under which section of Income Tax Act, 1961.

in books of accounts of company it is revenue or capital expenditure, and what treatment will be given in the books of account by the dealer.

We have participated in an exhibition outside India, we have to pay exhibition charges to party outside India. My query is whether I need to deduct TDS while making payment to party or not ?
Party is located outside India & the exhibition is also to be taken place out of India.
If TDS has to be deducted what will be the rate of TDS ?

Presently i am working with cost accountant firm and where i get the salary through cheque payment as salary is not in taxble limit so there is no tds and no form 16 so i want to file my income tax return.Is it possible for me to file my income tax return without form 16?

MY ATTEMPT IN NOV 2014 ,SHOULD I BUY BOOK OF INCOME TAX NOW, AS INCOME TAX ACT 2013 IS APPLICABLE ON ME AS ASSESMENT YEAR 2014-15 OR BUY BOOK IN JUNE 2014 AS NEW BOOK WILL CUM IN MARKET THAN .

I am doing air cargo business and I am the proprietor. Is it necessary to register and apply for Tin & Tan. If it so, kindly advice how to apply. what is the use of TIN and TAN in my business

Hello Sir,

I am Working in Mumbai, India in NGO and we are paying 130000/- gross per month professional fees to US person and that person has not PAN no. then what should be rate of TDS. is it Surcharge apply for it? if yes what is rate of TDS & Surcharge on it?

Please help me.

Sharad Patil

HI..

CAN U PLZ SUGGEST ..ONE OF MY CLIENT HAD REFUND DUE OF RS 7700 RELATING TO THE ASSESSMENT YEAR 2013-2014 ON ACCOUNT OF T.D.S. BEING DEDUCTED U/S 194C . DUE TO SOME UNAVOIDABLE PROBLEMS THE RETURN WAS FILED ON 09/04/2014..

WAT WILL BE THE CONSEQUENCES NOW ?? WILL MY CLIENT BE ENTITLED TO THE REFUND ??

If the owner of the property is Mr. A and Mr. B having share 50% both. Now they are receiving rent for Rs. 12lacs i.e. Rs 6 lacs by Mr. A and Rs. 6Lacs by Mr.B. They are raising their own bills of Rs. 6Lacs. So Please tell is there is a requirement of charging Service tax.

sir

we received unsecured loan for our Partnership firm, unfortunately that person dead (he was individual) this year (13-14), if any provision for exemption from unsecured loan Interest on TDS or is it necessary to deduct the TDS @ 10%
please clarify, if possible please notify the sections