what is thr meaning of spot loan?

Dear sir/madam

would you please clarify that,

An assessee engaged in exporting food grains. He has given cleaning and forwarding charges and ocean freight.Whether he is liable to deduct tds on payment to the above expenses ? is there any notification for that ? if yes at what % ?

Dear All,

Please Clearfy me, one of the TDS quarter Revised I have Ack.No.s three that is Correction wise C3/C9/C5, one of the customer data revised in TDS return revised,so the customer correction in two types(C3&C5), now issue the TDS Certificate which i mention in TDS Certificate

ACk.No.C3-030070100466523(Correction in Dector/Collector Details)

ACK.No.C9-030070100466534(Challan details Correction)

Ack.No.C5-030070100466512(Pan Correction)


Original Ack.No.030070100416845

Your's

Durga Prasad Garaga

If a person made payment on our behalf to contractor & deduct tds. Is there any liability on us towards deduction of tds on payment made to person who has payment made on our behalf.

Building construted on lease hold land sold then whether it will treated as short term gain or long term gain

And if short term gain can it setoff against carryforward losses.

Does anybody have the new ST 3 form which was amended very recently. Please send it to as soon as possible either on this websit or on my personal email id : tarun2507@gmail.com

Hi,
I am doctor and my professional income for the financial year 2007-08 is Rs.4 lakhs. During the financial year i traded in F&O. The gross sales in F&O is Rs.369579265/- and purchase value is Rs.370845054/-. The net loss amounted to Rs.1265788/-. Do i come under the purview of Sec 44AB.

Regards,
Priya

hi,

i wanted to know... if after calculating the wip.. for a real estate co as per AS7.. shud we pass any journal entries for the same.. how shud the income n exp be shown in p&l a/c aftr calculation??

Property buy and let out on rent for commercial purpose.
Rent Income treated as Income from House Property. Is it correct ?

Total Interest Paid on borrowed capital is allowed from house property income or limit of Rs. 150000

Whether a company is beneficial to form or a partnership firm under the following circumstances.


Unit is to be established in SEZ where 100% exemption is there and unit intends to distribute it`s profits to promoters/partners.

As far as my opinion is concerned,partnership firm is better becoz in company case,dividend distribution tax is applicable.