One of our clients has not received Form 16 from the party which deducted its TDS. Moreover the party is not giving the same. Is there any way by which Form 16 can be downloaded in this case?

Thanks

Sir,

In our case income tax dept sent justification report and asked to pay interest amount on late deduction of tds. But there was no late deduction by mistake but due to threshold limit not exceeded in the 2nd quarter & in 3rd quarter flag Y has been selected while submitting etds return so there is no need to pay interest on late deduction and therefore there is required to file correction statement & how defualt notice will be removed.
Please help in this case.

if we are doing ca then is it advisible to go for b.com in taxation

if not then what are the other possible options

Dear all,
I am a CFA agent and when i rec. my income they deduct tds u/s 194h and another one is deduct u/s194c both work is same tell me what is diffrence in both (not defination) can we change deduction from 194h to 194c,?

Thanks in Advance

A Dealer in Scrap trading activity has to collect TCS at the time of sale? As the trader is not engaged in Mfg activity,he is just purchasing the scrap and selling it forward at higher rate.
Whether TCS is applicable while selling the Scrap,should the trader deduct ?

Is food coupons included in salary structure is exempted from Tax. I have a gross salary of Rs. 50,000 and salary structure is as follows:-
Basic:- Rs. 20,000
HRA:- Rs. 15,000
Medical:- Rs. 1,250
Conveyance:- Rs. 800
Uniform:- Rs. 2,000
CEA:- Rs. 200
Special:- Rs. 10,750.

In this case which will exempt, if I provide same bills of expenses as in structure.

Dear Sir,

i have a PAN Card that have fourth character 'T' that is beneficiary trust for minor.

i have given some loans on which TDS will be applicable then in this connection can i file Form 15G.

please tell me in detail about this provision.

Thanking you,
Yours truly,

I have paid advance tax for 2012-2013=10 lakhs. I have filed my return with tax liability as nil. After intimation u/s 143(1), I received refund of advance tax=10 lakhs and interest on I.T. refund=30,000. However within 6 months from the end of the financial year in which the return was furnished, scrutiny assessment’ u/s.143 (2) was carried out, and it was held that my tax liability was not nil and I had to pay tax on my tax liability which was more than the amount of advance tax. So, the question of interest on IT Refund does not arises and I have to repay back Rs. 30,000 to the IT Department.
I had shown interest on I.T. refund= 30,000 as other income in the subsequent year and paid taxes (@30% on 30,000)=9,000. But, due to the scrutiny assessment’ u/s.143 (2) being carried out, I have to refund back entire Rs. 30,000. So what treatment will be done to the tax paid on Interest on I.T. Refund= 9,000?

IN MY CLIENT OFFICE ,

PAYMENT IS MADE TO A NON RESIDENT SHIPPING CO.AGENT WHO IS IN INDIA( IMPORT FREIGHT EXPENSES).THE NON RESIDENT SHIPPING COMPANY IS HAVING 100%DIT RELIEF .

DOUBT

WHETHER WE SHOULD DEDUCT TDS u/ 195 OR NOT.

THEY ARE NOT HAVING 197 CERTIFICATE FROM INCOME TAX.

OR AS WE ARE MAKING PAYMENT TO RESIDENT WHO IS INDIRECTLY WORKING FOR ITS PRINCIPAL WE WILL DEDUCT U/S 194c.


WHETHER WE SHOULD DEDUCT TDS OR NOT IF WE Are having DIT relif certificate.

KINDLY SOLVE MY QUERY any of my professional friend & GIVE CORRECT REPLY.

what is the process for DIN application..??