Pls give me your valuable opinion for the following query:

1. Remittance to saudi arabia towards advisory services

2. whether deduction of tds are applicable at the time of remittance, if yes what is the rate of tds.

with best regards

I am a contractor(service). My contractee is making a deduction of 2.266% on total amount payable to me every month on the amount including service tax. my doubt is whether the amount on which TDS Rate is to be applied is inclusive of service tax or not.

Hi

We are a Company paying rental to individual for building. We are deducting TDS under sec 194I at 15% + Sc + Cess on rental amount.

I want to know whether TDS to be deducted only on rental amount or including service tax & cess. If service tax & cess to be included, pls give notification no. / circular no. for reference.

Regards
Suresh

Dear Sir/Madam

I own a residential house. I am presently living with my parents in a rented house for which rent is paid by my father .My query is that whether I can claim rent from my father if they move with me at my owned residence as he is govt Bank employee and what would be its Tax implications on me and my father if any

Please help

Thanks and regards
Anurag Sharma
anurag_sharma777@rediffmail.com

I need suggestions regarding drafting of salary structure to minimise tax liability i.e. an employee-friendly salary structure. Gross salary varies from 8-20 lacs per annum.

Please give your suggestions.

An individual owns 30 cents of agriculturakl land situated outside notified area-but he does not have proof to show that the land is agricultural - at the same time he has added agricultural income for rate purposes for the last 5 or 6 years
Now the question is whether he will have to pay tax if he transfers possession of this land to a builder for construction under a joint development agreement -
What is your answer to the above?
Alternatively if he converts the property into stock in trade and offers it for a Joint Development , he can delay payment of tax without interest till he sells it in full or in part . If he selle only a part of this he'll pay only proportionate tax - otherwise full tax-in this case he will be required to pay tax on business income as well in the year of sale.
Which alternative is better for him ? Or is there any better tax planning?

Assessee withdraw merely 20000.00 for house hold expenses and he lives in lower-middle level of town with moderate living standards, he has 4 members in his family, all are dependent on him, he has paid 100000.00 on LIP for his life,in the assessment proceedings AO added 40000.00 as u/s 69A. without narrated any reason or finding.

MY QUERY:
1.Whether AO has rightly added an adhoc addition on HHE merely on the basis of number family members.
2. Is there any case to get the relief.

Please help me about the requriment u/s 27 C

Hi Friends

Do you have any case laws with referance to the Death of the Assesse.

If you have kindly Send to this mail address vickyv6@gmail.com

Thank You

Vikram

We are praposing to close a company.