An Indian company purchases engineering drawings from foreign organisations for the purpose of its business in India.These drawings are termed as pre-engineered design modules required for manufacturing conveyors and material handling equipment of standard sizes and capacities conforming to International standards like DIN.ATEX etc.In fact these are like ready made drawings supplied by the vendor as per the requirements of the customer.My question is whether payment for such purchases can be considered as fees for technical services liable to be subject to TDS u/s 195 of the ITAct 1961.

An assessee has no income under the head 'Business and Profession'during the P.Y 12-13 but has brought forward business losses of earlier years and also has total income more than 25 lacs.Does he need to file ITR-4 and also disclose details of Assets and Liabilities in schedule AL?

Hi,
I am a salaried person.
So I know My financial years income.

Now I have bank fixed deposits interest paid at maturity for 2 years.

Opened on 1st july 2013-1st july 2015.

So while calculating income for other source should i calculate july 2013-march 2014's interest?(9 months)

If i found my salary income + this interest is not taxable can I submit 15G.

For finanacial yr 2014-15 should i calculate 12 mnths interest.

For financial yr 2015-2016 should i calculate 3 mnths interest (ie apr 2015, may 2015, june 2015) as interest from other source? It matures in 2015-2016 fy. on 1st july.

Please advise

Dear Sir,

I am employed by large Indian IT Company and have been on deputation to company's Subsidiary outside India for last 6 years. I am getting Indian Salary component in Switzerland with out any tax deduction in India. In addition, I get additional living allowance also in Switzerland. The Company Subsidiary pays Tax in Switzerland on my behalf.

Also I have NRO deposits in India and have Interest Income, for which I am paying 10% TDS at bank ( I have shown TRC and submitting DTAA )
I am submitting ITR2 as NRI - Please guide me on
a) Whether there is any tax liable in India also on Salary & Allowanc components ?
b) If not, Can this income be shown in ITR 2 Exempt Income (EI)section? Is this mandatory to disclose in EI Section ?
c) In ITR2 -there are sections on FSI and TR - are these applicable for me (NRI havig interest income in India) Or this is only applicable for Indian Residents having Foreign Income ?
Thank in advance.

hello .

My clent has rec Show Cause notice for AY 2010-11 in the yr 2013, he had rec about 4-5 notices from IT Dept.. but has not informed me about the said notices from IT Dept.

CASE
He has tfd huge amt of cash in yr 2009-10 and IT Dept based on the info given by AIR asked him to produce some Passbook Copy but the client did not informed me abut the leeter ,,,,n now after 4 notice IT Dept is asking for Penalty of Huge money along with Int ......
Now he has approached me...so what to do..
my client is not too educated... so can I write a letter to It Dept that he is not aware of the letter n can i asked them to restart again......
pls Advice

hello guys,
my attempt is due in may 15 and i am really worried about the coachings which i have to take... so i need to ask if it is possible to appear in may 15 ca final exams for both groups considering i havent started even a single practical subject... can we manage both coachings at the same time on alternate days??????
guys i really really need your help.. everyone please help me out with it....i'll be thankful to every suggestion...... so please HELP ME OUT!

THANKS!

I applied for approval of name and got the remark from ROC "General Name". What does it mean and what do I need to do? Please help me.

Sir What is the procedure to reverse the cenvat credit wrongly taken in ER1 . Our company only availed the cenvate credit n still not utilize .

Sourabh
8092996201

Hi,

I have read it in graduation,but in CS exec. it has a extend level..
M facing problem in chapter 'computation of income under salary head'..
can u help me out with the gross salary computation...

Sir,
Case:
Senior Citizen.

Pension in a F/Y:120000

Interest accured from Bank FD: 150000

Total Income: 270000

Now in FY 2013-14
As standard deduction is 250000
And 87A Says tax credit max 2000

Can I Submit 15H in bank to avoid TDS.
Is my Income Taxable?