Dear sir,
whether TDS is required to be deducted from payment of scolarship to reserch student by a institution .If so what is the rate of tax and under what section it will be deducted.

Hi dear all,

whether TDS on roadshow required to be deducted u/s 194C or u/s 194J (Fee for professional services)

My question is whether TDS to deduct or not on Freight for goods exportd (Freight on Mumbai Port to destination abroad ).

Dear Sir,

My one client is doctor and he filed his income tax return for last five year with nominal amount of tax. But during the assessment year 2007-08 his gross Incomeis Rs.94452/- ie below taxable limit of Rs.1 lac. I tried my best to file the return to Income tax department, but the same has not been accepted by the department, as explaination given as

1. gross taxable income below taxable limit and no need to file return.

Pls advise me, what I can to avoid problem in future.

Regards

Baljinder Singh

Dear Sir,

Under the DTA, normally TDS rate includes surcharge. What about educational cess?. Is it to be deducted further or not.

Say DTA with Japan. If the payment to be made for royalty is 1 million Japanese yen.TDS under DTA % is 10. Is it enough only 10% is deducted or 10.3% has to be deducted?

I received one service bill. whether Tds has to be deducted including service tax or excluding service tax? Please give the reference of section/any case law.

I received one service bill. whether Tds has to be deducted including service tax or excluding service tax? Please give the reference of section/any case law.

Hi,

Currently my client is owning a warehousing and which is given on rent for storage purpose.

What percentage of TDS should be deducted by lessor.

He is individual with receipt less than 10 lacs.

I will appreciate your answer supporting case law.

Share premium is covered by the word to the extent accumulated profits.i.e. if to treat the amount of loan & advanses as deemed dividend amount of share premium also included.For ur reference as per The Companies Act,1956 dividend can not be declared from the accumulated profits.And as per the Income Tax Act it should be commercial & real profit what does commercial & real profit mean.

is the staff welfare expoenses like food provided by the employer to labourers and guests is chargeable to FBT.