Prinz
11 May 2008 at 20:19

TDS payable to a UK based company

A uk based company has performed technical services in India to our Co., (an Indian company) considering DTTA can some one help me on hte following

1. should TDS be cut as per the act?

2.If answer to above is yes then at what rate and any circular reg tht is passed??

3.What will be the impact on DTTA???

awaiting for a professional answer

Thank you


sandeep kansal

hi experts

my query is
suppose if a firm hired a vehicle for their advertisement on rent of Rs. 13500.00 PM, and all the repair & maint., petrol exp. etc are paid by the firm itself and that vehicle is used to make advertisement of the firm in all the city. Then what rate of TDS is applicable on that kind of exp. i.e. as per code 94C @ 1.03% or as per 94I @ 17%


Bala Abiramy
11 May 2008 at 12:51

Professional tax

what is the rate of Professional tax in TN? what are the conditions under which a company can deduct professional tax?can a newly established company also deduct professional tax?Pls explain.


CA Amit Agrawal

dear friends
my bro had taken loan for mba education in us from us bank itself and now he is doing job in india. my quetion is whether he will get deduction under section 80(E) or not. ca he get relief on loan as well as interest paid to us bank under any other section also.
regards
amit agrawal


Bala Abiramy
11 May 2008 at 09:56

Professional tax

When does a company deduct professional tax from an employee's salary?on what basis is this deducted?how is it treated in the books of the employer?


CA. Neeraj Mittal

Please guide- Whether Tds has to be deducted on the brokerage paid to stock broker on purchase and sale of shares,In case a person is trading in shares and is liable to get his accounts audited under 44AB of Income Tax Act


Babita Agarwal
10 May 2008 at 18:07

TDS on interest charged by bank

Whether Tds should be deducted on interest charged by ICICI Bank, HDFC Bank, India Bulls,Cholamandalam DBS Finance Ltd.on term loan, CC limit or any other outstanding.


RAVI
10 May 2008 at 16:43

FOREIGN GRANTS

Please guide me about the proceedures to be adopted by a registered trust u/s 12 of IT Act regarding receiving of foreign grant. Is there any special type of registration required under any other act or department.


Mayuri Gavaral
10 May 2008 at 15:59

Boarding & Lodging

Whether Boarding & Loding attracts TDS?


CA Karnik Pandya

Will u Pls tell me whether the interest received for late payment on accident Compensation of MACT claim is taxable or not? I m aware that the compensation is exempt in the hands of legal heirs but pls tell me the taxation effect of Interest recd. on the same in the hands of legal heirs of deceased.

Thank you