we in the month of march we have paid amt which was tds deductable but we forgot on advance payment so what is disallowed coz we have not booked exp. only advance payment is given

Sir,
This is a presumed situation.

Suppose, i have lost the TAN Certificate issued by NSDL.

How to obtain duplicate certificate.

Please explain?

can anyone help me in understanding the various deductions allowed under chapter VI A of the income tax act.....

I will be happy if anyone sends me various deductions allowed or pls tell me the site were i have to get it...

Hello friends,

I am stuck up with an issue whether TDS will be dedcuted on the advance paid to the sub contractors of the construction company ? Reply ASAP and when should TDS be deducted if contractor expenses pertaining to january are paid in march..to my knowledge TDS is to be deducted in the month of march only as the expns is ebing debited in the month of march, but what about TDS on advance given pertaining to the month of january, contractors are for work contracts

waiting for an early response, thanks in advance for your valueable suggestions.

Hello friends,

I am stuck up with an issue whether TDS will be dedcuted on the advance paid to the sub contractors of the construction company ? Reply ASAP and when should TDS be deducted if contractor expenses pertaining to january are paid in march..to my knowledge TDS is to be deducted in the month of march only as the expns is ebing debited in the month of march, but what about TDS on advance given pertaining to the month of january, contractors are for work contracts

waiting for an early response, thanks in advance for your valueable suggestions.

Wheather removal of FBT on guest house in the budget 2008 is applicable from april 2008.

please its urgent


thanks in advance for reply.


with regards,

praveen babu

We had paid a professional fees to a Singapore based company. If DTA is applicable to the payment made to a singapore based company & at what rate tds is applicable?

This is with reference to sec36 of the income tax act,where an amount will be allowed as baddebt Provided it was offered for income earlier,my question is say I have a Particular asset used for the purpose of the business,its WDV value now is Rs.200000,I sell it for Rs.10 lakhs and hence i will gain Rs.800000,meanwhile what happens is the person to whom the asset is sold goes insolvent and thereby i loose Rs.10 lakh(Bad debt).Now as per Provisions of the income tax act, my income is Rs.800000 and my Baddebt is Rs.10 lakhs,can i cliam the baddebt of Rs.10 lakh even though my inome is only Rs.8 lakhs?if Yes,then the reason,(Particular reference to any case law,if any)

If We plae a specific order & get the Specific Goods & the goods provider do work on it as per our requirement then the received goods liable for TDS but remember seller put his own material in the goods

1) what is fringe benefits tax ?
2) who pays fringe benefit tax ?
3) the different types of fringe benefits? , and
4) what to do if you provide fringe benefits ?