Pvt.ltd.
This query is : Resolved
27 March 2009
Dear Members...
I want to know the benefit of create a Pvt.ltd.co. against properitorship or partnership business.
Dear Members...
I want to know the benefit of create a Pvt.ltd.co. against properitorship or partnership business.
27 March 2009
Dear All,
Please let me know , whether TDS is to be deducted on Gross amount of bill or excluding service tax?
Please let me know , whether TDS is to be deducted on Gross amount of bill or excluding service tax?
27 March 2009
Only for rent service tax is excluded and for all others service tax has to be added and on the final bill tds has to be deducted.
27 March 2009
Benefit of creating a private limited company is.
(1) Limited Liability
(2) Obtaining loans will be easier for busniness.
(3) Directors can get salary.
(1) Limited Liability
(2) Obtaining loans will be easier for busniness.
(3) Directors can get salary.
27 March 2009
It should be deducted on gross amount.
27 March 2009
deducted on gross amount.
27 March 2009
for 194I - net amount xcluding service tax as the act contains the term "rent payable".
for other section including 194J- on Gross amount as the act contains "any sum payable"
for other section including 194J- on Gross amount as the act contains "any sum payable"
27 March 2009
1) Limited Liability
(2) Obtaining huge capital will be easier for busniness.
(3) Directors can get salary.
(2) Obtaining huge capital will be easier for busniness.
(3) Directors can get salary.
28 March 2009
agreed with all above
28 March 2009
All the taxes are to be excluded.
Tax is to be deduted on the payment made for services, contract, rent etc.
Tax is not a payment made for any of these things, it is a statutory levy. On this amount TDS should not be deducted.
Tax is to be deduted on the payment made for services, contract, rent etc.
Tax is not a payment made for any of these things, it is a statutory levy. On this amount TDS should not be deducted.
30 March 2009
Regarding TDS, I agree only with Mr.B. Srinivas.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Unanswered Queries
- Capital gains-24.06.2025
- Taxation under the head Salaries
- FNO transaction not reflecting AIS
- Confused regarding applicability of books of accounts and audit
- TDS DEDUCTED ON PAN OF DECEASED FOR INCOME EARNED POST DEATH
- Disclosure in DPT-3
- Ltcg-20.06.2025
- STCG on equity shares/ETF-24.06.2025
- GSTN Suo Moto cancelled
- ENUM VALUE
- How can Wikipedia serivces really save your time?
- VRS Receipts Exemption limit
- Traces- TDS Demand Outstanding
- Can I pay someone to do my NVQ assignment in UK?
- 80:20 Rule on construction of residential apartments
- Ineligible ITC of prev years (claimed in previous multiple years) accumulated to credit ledger
- In AIS " Feedback rejected by the source" how to respond
- ITR VERIFICATION TIME : ERROR MESSAGE : VALID ENUM VALUE
- Wrong payment of TCS on sale of goods how to get refund the same
- REGARDING AMENDMENT TO BE MADE IN TURNOVER AND PURCHASE FIGURES WRONGLY MADE IN MONTHLY VAT RETURN
Trending Online Classes
-
Live Course on EPF & ESI Act - Mastercourse(With Govt Certificate)
Mr.Balamurugan Ranganathan16 June 2025
CAclubindia
