is tds have to deduct for interest charged by sundaram finance on hire purchase agreement.
Dear Madam/Sir, I filed rectification letter regarding Tax difference. At the time of filing itself I have paid entire Tax amount. But they have not considered small portion of tax paid and send Demand under sec 143(1) for that I have filed rectification letter again I have received the following information. Please clarify and what to do in future correspondence to CPC.
Subject: Your E-Filed Rectification Application cannot be processed
Please refer to the rectification request filed by you for the Assessment Year (AY):2011-12 in respect of above mentioned Order and received at Centralized Processing Center (CPC) on 19/06/2013.
We regret to inform you that your application for rectification could not be processed at this point of time, for the following reasons:
SUO MOTO RECTIFICATION AT CPC IS UNDER PROCESS FOR THE SAME PAN AND ASSESSMENT YEAR.
what is the mode of payment for dividends?is it by cash or through dividend bank account
Dear Sir,
In one of the case of individual assessee net sales in fy 2012-13 are Rs. 98 lacs and tax charged thereon is about 12.50 lacs, which is charged seperatly in invoices.
Whether the assessee can opt sec. 44AD.
Please clarify.
Thanks and regards.
MR. X (Builder) enters into an agreement with Mr. y to one flat under construction link payment plan.. for a total consideration of RS 30 lakcs and this flat is to be registered after 4 years.
sir now my questions are:
1) is the above transaction chargeable to capital gain tax in the hands of builder?
a) if yes, then in which year year of agreement or year of registration?
b) suppose circle rate of the above flat after 4 years is Rs. 1 crore. are provision of stamp value(deemed sales consideration) apply?
OR
2) is profit from above transaction chargeable under head PGBP, as it is a business of builder.. if yes
a)is there any effect of circle rate on the above said flat.?
dear experts i'm waiting for your response..
If a public ltd. company doesnt deduct TDS on salary for April, May, June and starts deducting TDS from July for the taxable amount/9 months what are the provisions that will apply??? Any interest is payable and on what amount???
194J(1)(ba) Any remuneration or commission paid to director of the company (Effective from 1 July 2012)
Tds rate will be @10%
our company paid remuneration to directors for Rs.381000 pa for the F.Y 2012-2013 so please advise what is to be done in this case.
Manoj Aggarwal
9310190208
sir/madam
one of my Relative want to buy a land area10acre .but seller want to sell it at less than stamp duty. my relative has a partnership firm and has real estate business. even if he acquire less than stamp duty value can he sell at lesser value than stamp duty if not how should he adjust the profit as its a huge amount. please clarify
Minimum number of directors in a private limited company