Sir,
ABC co is a real estate co. and it made a shopping malls in which there are so many shops which are sold to parties and this co also provide facility like electricty, cleaning, etc.
now when all the shops are sold after that shopkeeprs asked for Glow board(Like sign bord or name of the shops) for all shops and these boards were purhased by ABC co from a supplier that supplier supplies borad of different size and shape for all the shops..
now ABC have to pay that supplier and take mony from all the shops....
now whwn supplier send bill for same it charged VAT due to which ABC is not charging TDS on same as they are saying that it is supply of material...

Question is does ABC have to charge TDS on that supplier bill as it is Job work or not.???

Is payment of Tution Fees for the period April08-Jun08, eligible for valid deductions u/s 80C for the A.Y.2008-09?

if the opening balance of the asseset(jewellery) is the closing balance for two years will there be any appreciation on the value of the jewellery while calculating the wealth tax

Hi to all my CA. friends

I want to confirm that an assessee who is running the business of playing and hiring of 7 trucks and earn more than rs. 3 crore in a year and on that amt. tds deducted by the service receivers. Is it possible not to take tax audit u/s 44AB of IT act, 1961 as receipt are more than rs. 3 crores

what is the definition of contractor as per tds law.

Dear Sir,

One of my cleient(Individual) having more than one FD with Scheduled Bank and which are yielding interst for Rs 5500, Rs 6800 and RS 8900 .

In this situation, Banker tryed to deduct tax at source for Interest amount to Rs 8900.

He don't have any other source of income ,what are the remedied available to him . Is submission of Form No 15 H enough or not?

An assesee who settle his housing loan and paid final settlement alongwith interest in previous year, then what he can claim full amount of settlement which is more than one lac for taking deduction u/s sec 80C

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What is the quantum of deduction that would be allowable under the Income tax Act on a flat the construction of which was completed during September 2007 and possession handed over in October 2007? Whether full deduction is available? Is there any CBDT circular in this regard?

an assessee has a long term capital gains on ornaments..he has short term loss on shares for the same assessment year...can it be set off even if the return is file after due date......