Mikdad Merchant
16 May 2013 at 23:38

Tds u/s 194ia

I need to issue PDCs for purchase of a flat the price of which is higher than the limits prescribed u/s 194IA and the same are bearing dates after 1st june 2013 and the property will be registered after 1st june 2013, i buying this property directly from the builder and the same is under construction.

Questions:-
1. Is TDS u/s 194IA applicable even if the property is purchased under construction directly from the builder such that payments are linked to the stage of completion of the property.
2. Will i have to deduct TDS from each payment.
3. which challan to use for making payment to Govt. and is the due date 7th of the next month. How will the govt get details of such deduction is TDS return require to be filed, if yes how to file as TAN is not to be obtained.

Please provide guidance as i am very confused on this subject.



Anonymous
16 May 2013 at 23:17

Provision of 44ad

SIR I WOULD LIKE TO THE PROVISION OF INCOME TAX ACT 44AD


manesh jiandani
16 May 2013 at 23:10

Local body tax

our company is procuring certain laptops four employees located in nasik, pune and nagpur. the vendor from whom we are procuring is a well known IT COmpany. the COmpany has denied delivery of the systems unless we have disclosed the LBT No to him. please advise wheether LBT is required to be obtained by us? whether delivery is made by vendor in Mumbaiand we deliver it at respective places would attract LBT? further what if we show it as transfer?


sumit arora

Whether director presence is necessary in India while appointment as director in Indian company or documents/annexure could be signed by director from there only and send the documents through post to India.



Anonymous
16 May 2013 at 22:56

Cma -a course by icai

please let me know details about the course, i heard that ICAI offers for this course, where most practically it is applicable??


rahul
16 May 2013 at 22:47

Contract act

Any technical service employee provider pvt. ltd. company is covered under Contract act or not?



Anonymous
16 May 2013 at 22:30

Cs executive exam june 2013

plzz gv me guidance for the preparation for cs exam



Anonymous
16 May 2013 at 22:11

Tds(194 c)

I RECEIVED INTEREST ON TERM DEPOSIT AFTER DEDUCTING TDS @10%.I HAD LATE SUBMITTED FORM 15H (AFTER 5DAYS FROM THE DATE OF DEDUCTION),HOW CAN I APPEAL FOR THIS REFUND IN INCOME -TAX DEPARTMENT


MIHIR
16 May 2013 at 22:00

Accounts

the opening balance of machine is 2,00,000.,when the original amt of machine was 10,00,00.the company charge 10% depriciation on slm on such assert costing 5,00,000 with accumilated depriciation as the beginning of the year of 80,000 was disposed off during the this year..

q--the balance of the accumulated dep acc at the end of the year considering year's depriciation chrge would be
ans -1,70,000
pls someone explain me how it done..????


Zohar Rangwala
16 May 2013 at 21:17

Govt grants

Where would govt grants/subsidies be included in cost sheet preparation





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