sachin makwana
19 March 2008 at 23:23

lower rate tds certificate

RESPECTED MEMBERS
company(co.) make payment of hiring chg and deduct tds u/s 194 i but party obtain lower rate certificate @ 2% contain total billing is rs 25,00,000 deduct tds according to taht but now at end of march my billing gose to rs 34,00,000 then this additional amt rs 9,00,000 how much co. want to deduct.

co will liable to deduct at 2% or 15% on additional 9,00,000 .

REGARDS
SM MAKWANA


caajai

i wrongly deducted the tds of a party by excess rate and deposit the same . how will i show it in e-tds return format by NSDL. is it right to show it in the return by excess rate


GULSHAN USMAN
19 March 2008 at 21:48

Transfer due to Boss's misbehaviour

Sir/Madam,

I would like to knw if it is possible to get transfer to another firm if the boss's behaviour is intolerable. wht can be done if he refuses to give certificate of transfer? also, is it possible for the boss to chuck out article clerks from office without adequate reason?


Amitkumarchadha
19 March 2008 at 21:17

industrial training in companies

hello sir help me on this issue

What is the selection criteria for selecting c.a final year student as a industrial trainee by companies

What faclities provided by companies for Other State Students

like student of Punjab & H.P like to work in Delhi Nodia Mumbai Bangolare Kolkata

Please suggest me Sir


CA SHYAM CHETTRI
19 March 2008 at 19:03

CA FINAL COURSE

I am a student of CA final (old) course, cleared my PE-II in May 2007. I am eligible for final examination to be held in Nov 2009, but it will be my only attempt as from May 2010, the examination will be held only under new syllabus.
So. i am confused as to what I should do
continue with the same course or switch over to new course.........
Please advice


Rajkumar Maheshwari
19 March 2008 at 19:02

Calculation of H.R.A.

1.How to calculate H.R.A. in Income Tax.
please provide full details.


Rakesh
19 March 2008 at 18:57

Trust Audit

1.Trust Audit is mandatory under income Tax Act
2.If a trust has not audited his accounts and 3 years balance sheet audited with us on today. Then on today we will done the Audit as per income tax act or only Balance sheet Audit would be made by us.
3.can we file the Trust Audit of previous years in near future.
4. Any penalty provision impose on the trust.


Dinesh Gupta
19 March 2008 at 18:08

TDS on Internet Services

Please inform whether tax is deductible on telephones/Internet under Section 194C. Are there any case laws to support the answer. I have seen some people deduct tax and some do not.


CA SHARAD SINHA
19 March 2008 at 17:50

TDS ON DEEMED LET OUT

SHOULD THE EMPLOYER CONSIDER INTEREST ON HOUSING LOAN FOR DEDUCTION FROM SALARY INCOME FOR THE PURPOSE OF TDS ON A HOUSE PROPERTY SITUATED AT A PLACE OTHER THAN THE PLACE OF EMPLOYMENT?

IN THE EVENT YES, SHOULD THE DEEMED INCOME FROM HOUSE PROPERTY SHOULD ALSO BE CONSIDERED BY EMPLOYER (WHICH MAY ALSO RESULT IN SURPLUS INCOME FROM HOUSE PROPERTY)

WILL THE ANSWER BE ANY DIFFERENT IN CASE SUCH HOUSE PROPERTY IS OCCUPIED BY PARENT/RELATIVES OF THE ASSESSEE IN HIS NATIVE PLACE/USUAL PLACE OF RESIDENCE?


Chirag B Shah
19 March 2008 at 17:50

Capital Gain

In Asst Yr 04-05 i have long Term Capital Gain in Equity Shares after applying 10% without indexation and Long Term Capital Loss in Equity shares at 20% after applying indexation, Now Can L.T.C.L derived after applying indexation can be set-off against the L.T.C.G of without indexation or not - Please quote any case law if any. However in Set-off & Carry Forward Loss no where it is mentioned that L.T.C.L with indexation cannot be set-off against L.T.C.G arrived before indexation. so please reply on the basis of section and not on logic






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