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
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
Whether rate of depreciation sholuld be charged as continous plant and machinery...?????
Actually my question is whether all the Asset used in hotel industry should be classified as Continous Plant and Machinery(According to Companies Act) and rate of depreciation should be charged as 5.28% or the dep. should be given of as per shift allowance.
this query arised because according to companies act an asset can be only classfied as continous assets if it is designed and required to be operated
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
IDT LIVE Exam Oriented Batch | May 2026, Sept 2026 & Jan 2027
TDS on Rent