Tds on foreign courier


This query is : Resolved 

04 March 2015 DEAR SIR,

WE MAKE PAYMENT TO COURIER AGENT FOR COURIER TO OUR FOREIGN CUSTOMERS.WHETHER SECTION 194C APPLICABLE FOR TDS DEDUCTION.

THANKS,
AMARDEEP

04 March 2015 if courier agency is resident then sec 194C is applicable in case if the threshold limit in this section exceeds limit.

19 March 2015 ANY ONE CAN TELL ME IF I WILL FILE MY RETURN FOR 2013-14
1. ITR-1 OR ITR-4 UNDER LIMIT
I WILL HAVE TO PAY ANY PENALTY FOR NIL RETURNS.IF YES, WHAT WILL BE THE AMOUNT?

20 March 2015 Sec.271F described ,if a person who required furnish his return of income as required u/s.139. In case u/s.139 you need to file the return but failed to file then penalty will be Rs.5000/- even nil return also.

20 March 2015 for ay 2013-14 last date as per sec 139(4) for belated return is 31.3.2015

24 March 2015 sir,
my friend filed his salary return itr 1 for a/y 2013-14 in a/y 2014-15 september'15.under the limits.Now he has to pay penalty or he shoud wait for the IT notice.

thanks.

24 March 2015 Dear Mr Amardeep,
it is sep.-14.
if any tax liability has not been created in a/y then no need to pay the penalty.



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