Respected Experts.
Wish you happy new year...
I would like to ask one question regarding Input sercice tax.., do reply to my query as soon as possible sir...
Can any one tell me What is the procedure for getting the refund of
Input service tax credit by an Export service provider.
Thanks in advanced.
sir i want a case regarding sec. 144 & 271(1)(c)
if any one have please give me the citation of the case
thanks
Hi,
As per my knowledge for TDS deduction from Salary there is some Slab for this If an employee salary is less than that amount than emplyer cannot deduct the TDS.But in my company my Salary is 12K per month and as per my knowledge for female employee it not comes in the range of TDS deduction after that my company is deducting my TDS. I have joined here on Contact of two years, is that "contract" term affects on TDS? And I also want to know that deduction of TDS from my Salary is right as per law?
Waiting for your valuable reply.
Thanks & Regards,
Ishita
Respected Experts,
One of my clients have entered into an Agreement of sale to purchase an immovable property and he has to make an earnest advance of Rs. 10,00,000/- to the Vendor. The Vendor wants the payment in cash. My client has the said amount in his s/b account in bank. The amount he got from his relative abroad through an account payee cheque (NRE account). Please explain what he should do? The Vendor ready to acknowledge the payment by issuing a stamped receipt and execute an un-registered agreement of sale on a Rs. 100/- bond paper. What will be the risk involved and how should my client proceed safely? There are other purchasers resdy to pay in cash as desired by the Vendor. Please advice.
A company is selling food(tea, snacks, lunch, dinner) to theri employee through canteen (owned by company itself). Whether vat should be charged by the company or not. If vat is applicable please provide be related section/notification/circular.
guys I wanna know that
If the property used for the purpose of business ,then in which head it is chargeable?
n
what does it means "annual value of house property will be charged under head income from house property when it is held by assessee as stock in trade of a business"/.
pls reply as soon as possible ......
Hello Experts,
Q1.Can Tailoting business income & Mobile repairing income show u/s 44AF/AD gross receipt basis either 5% or 8%?
Thanx..
Hi kinldy check the calculation on interest on Tds.
Bill Date 8/4/2011 amount Rs. 35000/- on profeesional services.
Tds Amount Rs. 3500/-
Interest Rs. 420 for 8 month Delay if deposited on or before 25 days of December.
TDS IS DEDUCTED
I have purchased the property in 2001 in Rs. 275000/-lacs now in 2011 I have sold it in 1000000/-. My annual income is 450000/-.
Please tell me in detail the IT provisions regarding sale of property & how this deal will have impact on my return? How can I can save max. tax ?
Summon under section 131(1a) of income tax act
Can CIT, DCIT,ACIT or AO can issue summons under section 131(1A) like Investigation Wing of Income Tax