MANOJ KUMAR JAIN
04 March 2017 at 12:00

Tcs on cash payment to builder

IF ONE PERSON BOOK A FLAT FOR RS. 40 LAKH PAYABLE IN 10 EQUAL INSTALLMENT. HE PAID FIRST INSTALLMENT IN CASH AND BALANCE TO BE PAID BY CHEQUE. WHETHER TCS IS APPLICABLE IN WHOLE Rs. 40 LAKH OR Rs. 4 LAKH, WHICH IS PAID IN CASH.



Anonymous
04 March 2017 at 11:37

Proxy

Ruke 19(2) of Management and Administration Rules 2014 says
"A person can act as proxy on behalf of members not exceeding 50 and holding in the aggregate not more than 10% of total share capital of company carrying voting rights"

does it mean 10% of its paid up capital? or 10% of its authorised capital



Anonymous

If loan is taken on the name of govt employee(female employee) than wheather loan interest amount and principal amount can claimed as deduction equaly both by husband(govt employee) and wife (govt employee).



Anonymous
04 March 2017 at 10:58

Tds on rent

TDS on Rent for the FY 15-16 was not deducted till time..
Can I file the corrected TDS Return after payment of challan for the FY 2015-16?
16A Can be generated:?


Solomon

Hello,
I am making a premium payment on health insurance on 5-Mar-2017.
I pay premium of Rs.13000/- for 3 years i.e. 2017-2018 to 2019-2020.
Can I claim the insurance premium (Rs.13000) under 80D next year (2017-2018) or any one of the future three years.
regards,
Solomon.


oindrila srimani

Please tell me panyachet can have pan card or not. If Panchayat has deposited more than 50000 in to bank so Panchayat needs pan card or not. I am also in doubt that the Panchayat can maintain their accounts or not. They can submit their accounts or not


sanket sevak

Dear SIr,

can we take take service tax on bill of thir party
for exp.

we bookes container from party b thru agent c
now party b raised inv with service tax to party c
last party c raised inv to us in invoice rate are inclusive service tax

now my question can we take service tax credit on invoice of party c

Regards,
Sanket sevak
mob 9909960192


ankit

Hello everyone,

one of my clients salary slip is as under

basisc - 32500
HRA - 12500
Gratuity-1563/-
total - 46563
less: tds - 3000
less: gratuity-1563
net salary-42000

My question

can we claim deduction of gratuity under section 80C similar to EPF ??


M.K.Aggarwal
04 March 2017 at 06:55

ITR

A salaried person drawing taxable salary of over Rs 50 lakh pa developed some google applications during his spare time with the help of some friends and professionals. He got foreign income of around Rs 30 lakh during d year and withdraw cash Rs 26 lakh for payment to friends n professionals by way of stipend, remuneration, out of pocket expenses etc for which no record is maintained by him. The queries are- 1 whether any tax audit is required. 2 which ITR is to be used for filling return. 3 what will be d taxable amount. 4 whether it may be violation of any service full. 5 whether any information is to be prepared for any compliance or expected queries from IT deptt.


babu
04 March 2017 at 06:40

Pan verification

Sir,

Our PAN is not yet getting verified. Our company name is ELECTRONICS & CONTROLS POWER SYSTEMS PRIVATE LIMITED while entering it is getting rejected all the times.

We are trying get it verified for GST at our branch in delhi and the head office in Bangalore

Please help
BABU VC





CCI Pro
Follow us


Answer Query