How to calculate average monthly currency rate for accounting the foreign currency transaction.
I am getting income as commission from a firm which I get after TDS , so I wanted to know that if my income is below basic exemption limit of rs.200000 then is there any form available so that no TDS should be deducted by my employer or there is any other way for it.
what if more professional tax has been deducted by employers. ...ie more than 2500 .. then whether employee can take deduction of if from income tax. ..
One of my client, has deducted TDS at 20% by the insurance Company, mistake made by the Insurance Company, my client can get the Refund for the same amount,
Whether the Insurance Company can revised the same return
under sec - 80CCG, The GTI of the assesse for the relevant AY should not exceed how much amount?
kindly let me know whether advance tax 3rd installment in case of assessee can be paid twice. for example
3rd installment actual adv. tax 25000/-
but paid only 10000/- on 15-3-14. whether the balance 15000/- can be paid before 31-3-14 or whether he has to wait till self assessment tax on filing returns.
thanks and regards
benedict
mobile : 9945751577
What is the Due Date of filing of tds Quarterly Return In case of Government deductors from A.Y 2014-2015 onwards
Dear Sir,
We have deducted the TDS 20% on foreign vendor which is PAN not available. but now we have received the notice from TDS "TRACES" also pay the Cess & Hs Cess i.e. 3% on 20%, Can we have pay this??? please advice. Pan not available 20% deduction as per IT we have already deducted.
Thanks
Malcome
When Parent Company LLC USA Transfers Money to a wholly owned Subsidiary Company PVT Ltd in India no new shares to be issued in the subsidiary because the parent company Already owns 100% Shares.
How to treat this FDI We have to issue share certificate for the parent company make it sense kindly explain
An Assesse (a proprietorship firm)taxable U/S 44AD , having a interest income other than buisness income, then such interest income will be part of 8% of turnover or it will be taxable separately other then buisness income which is taxable at 8%.( Treatment of interest received income will be inclusive of 8% of turnover or exclusive)
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
As-11 effects of change in foreign exchange rates