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
- GST ITC REVERSE
- Fixe term employment
- Is any professional CA is here please reply
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- Gift Received from nonblood relative
- Section 50-fixed asset-->building ceases to exist
- RCM ISSUE ON RENT AND TRANSPORTATION CHARGES
- Foreign lottery ticket bought online from India: legality, tax and consequences
- Putting a heading on received mail
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
