Sir,
My client is rendering works contract to some of Telcos. And the payment advice they gave me shows that a company is deducting WCT from 01.01.2007 whereas date of applicability of WCT is from 01.06.2007. i m bit confused how to handle such case.
Please Help

Sir,
My Co. want to declare interim dividend. Can you suggest me what entries I have to passed from proposed to payment of dividend.

Can i take form 15h or 15g for no deduction of tds in case of payment made to senior citizen as rent?

Dear All,

Please let me know what is the last date for submitting the income tax return for an individual and company

Hi to all,
any one tell me that can i take transfer from my present firm to another in case the size of new firm is bigger than the present firm as well give better opportunity to me?
Please tell that

DEAR SIR,
Our client company is paying a fixed percentage of annual profit to one of his fulltime executive Director as commission apart from the fixed monthly remuneration.
So my question is whether TDS on commission paid is chargeable U/S 192 or U/S 194H

I AM GETTING MEDICAL REIOUMBUSEMENT (OPD)FOR THE TREATMENT OF DISEASE FROM GOVERMENT HOSPITAL I.E AIIMS AND PGI,CHANDIGARH AND EMPLOYER. I HAVE TO BUY THE MEDICINES FROM OUTSIDE I.E PVT CHEMISTS ETC. AS PRESCRIBED BY THESE HOSPITALS/DOCTORS.
AS PER SECTION 17(2) OF I T ACT MEDICAL REIUMBURSEMENT IN EXCESS OF RS. 15000/- IS TAXABLE EXCEPT THE TREATMENT TAKEN IN GOVT HOSPITAL OR EMPLOYERS HOSPITAL.
NOW I WANT TO KNOW THAT IS THE REIUMBURSEMENT OF ABOVE EXPENDITURE WILL BE TAXABLE OR NOT ?

I AM GETTING MEDICAL REIOUMBUSEMENT (OPD)FOR THE TREATMENT OF DISEASE FROM GOVERMENT HOSPITAL I.E AIIMS AND PGI,CHANDIGARH AND EMPLOYER. I HAVE TO BUY THE MEDICINES FROM OUTSIDE I.E PVT CHEMISTS ETC. AS PRESCRIBED BY THESE HOSPITALS/DOCTORS.
AS PER SECTION 17(2) OF I T ACT MEDICAL REIUMBURSEMENT IN EXCESS OF RS. 15000/- IS TAXABLE EXCEPT THE TREATMENT TAKEN IN GOVT HOSPITAL OR EMPLOYERS HOSPITAL.
NOW I WANT TO KNOW THAT IS THE REIUMBURSEMENT OF ABOVE EXPENDITURE WILL BE TAXABLE OR NOT ?

Some of the invoices issued by the service providers, don't show the Service Tax payable seperately. Instead it is mentioned in the invoice that "the above charges are inclusive of Service Tax @ 10.3%."

The department is denying cenvat credit on such document, as the invoice should contain the Service Tax payable seperately as per rule 4A of STR,1994.

My query is whether the word "The service charges are inclusive of Service Tax" is enough to avail the Cenvat Credit. Please clarify my doubt with relevant provision.

Thanks in advance.

Hi
I wanted to know when does a professional needs to maintain books of accounts as per income tax rules. also tell me the section.
this is urget reply soon.
thanks