if compnany paid as security charges to top secutiry p. ltd for watchman employed at factory.

than in this case it will attract TDs at the rate of 194C or 194J

u/s 194i tds deducted on rent and hire charges for plant and machinery, equipment, land & building.

so my question is that if company hiri passanger vehical for employee keep and drop from home to company than in this case of hiring of motor vehical attract tds at under 194 i or 194 c.

regards
sachin

u/s 194i tds deducted on rent and hire charges for plant and machinery, equipment, land & building.

so my question is that if company hiri passanger vehical for employee keep and drop from home to company than in this case of hiring of motor vehical attract tds at under 194 i or 194 c.

regards
sachin

If company is liable to pay tax under MAT then company is also liable to pay differnce amout of tax to goverment as per corporte tax thier for (30-10=20%)

if yes

then how to do accounting for balance liability of TAX in the books?

Please provide information for

1) TDS Changes
2) FBT changs
applicable from 1.4.2009 onwards for accounts & I-Tax

A Company havaving a Contract (may be verbal)with another company that he will do all services and also supplied material related to services.

while supplying of the material and do the respective servies A company raised bill and in bill mentioned that out of 100% amount 65 % amount is applicable foir VAT and balance is service chgs(Labour chgs) then which amount is applicabe for TDS a full Net(net+servicecchgs) amout or only servies chgs?

Please recommend a good income tax software for efiling and also for service tax, etds. I have gone through the following softwares Saral Tax Office CompuTax & TaxPro. But got confused. Please help me to make a correct choice.

dear friend,
Plz advice me
co paid motor rent exceeding rs 50000/- what rate tds to be deducted ?

The organization is a Partnership Firm – Contract Business Varies locations

A) The firm provided cell phones to their Employees and paid telephone charges also. The total Telephone connections are on the name of Firm and bills also generated on the Firm Name.

1) Is it applicable FBT?

2) The Firm Head office used Telephone charges is applicable FBT?

B) The firm provided Vehicles to their Employees

1) if the maintenance (including fuel, Driver) provide by the Firm is applicable FBT
2) if the Vehicles used by Managing Partner/Director, maintenance (including fuel, Driver) provide by the Firm is applicable FBT?

C) The Firm Used Vehicles

1) the Vehicles used by Firm towards Execution of Work (veh. Like Lorry, trippers, mobiles, heavy goods vehicles, Cars for Gests)

in the all above cases Depreciation is Applicable for FBT? Pl. explain

D) the firm Provide the Traveling (from one site to another site)and food( at work site) expenditure to Labours is it applicable FBT? If the Flight ticket provide to Mg. Partner/Director for official work is applicable FBT?

whether stt should be deducted from sales considration received from sale of shares for the purpose of calculating the short term/long term capital gain to achive the net sales considration ?