Dear Experts,

We have calculated the TDS for the financial year 2009-10 for our employees. But the employee of the company is saying to deduct the TDS from December2009. will it be possible? or the TDS should be divide over the full year and will compulsory deduction from april salary.

Also please add the reason for the support of the query

is cash payment in excess of 20000/ an allowable expenditure in IT tax for transport co FOR payment of driver

IF I GOT REGISTERED IN SERVICE TAX VOLUNTARILY, THE LIABILITY FOR PAYMENT/CHARGED OF SERVICE TAX WILL START FROM FIRST BILL OR AFTER 10 LAKHS EXEMPTION LIMIT.

Dear All,
Please let us know whether we need to deposit tax when we transfer goods to branch located in other state. and whether we can avail input credit on goods transfered to inter state branch.

Thanks Mr. Shrinivasulu,Mr.Nitin,Mr.Tarun for your kind reply.

A company's object is to develope properties. It have 3 offices which it gives on rent.During the year a office remain vacant for full year can I.T. officer calculate annual value of this property and charge accordingly. As I know this can be done only in residential property . Please clarify.

whether company can claim expenses like ROC fees , Audit fees as the income is house property income. whether we can claim the expenses as business expenses .

Dear Experts,
Can anybody let me know the formalities to register for Karnataka Professional Tax by a Pvt Ltd Co.

hello i have a case suppose an exporter enter in to a contract to supply of some export good under a contract .one of the clause of the contract is that if he fails to supply he will liable to pay some amount because of non performing of his duties whethere this amount paid is liable for tax or allow under income tax act

hello i have a case suppose an exporter enter in to a contract to supply of some export good under a contract .one of the clause of the contract is that if he fails to supply he will liable to pay some amount because of non performing of his duties whethere this amount paid is liable for tax or allow under income tax act

I need information regarding NPA accounts, when a/c becomes NPA.
And also i have doubt regarding small accounts i.e., regarding personal loan which amount would not exceeds Rs. 50000 which was become NPA since last two years but bank has recently classified as NPA?
What is auditor duty in this regard?
Please reply fast.........

Can NRI directly make an investments in pvt. ltd. in india ? if Yes then what % of Share in total investment ?