please confirm the date of issuance of FOrm NO. 16A & 16. Whether it is 30th April, 07 June of 15 June
Could you share a tempolate for HUF deed.
Pl also let me know the mandatory steps for formation of HUF i.e. opening bank accounts, seal of HUF etc.
Also pl let me know the ways of generating corpus in first instance for the HUF?
whether the TDS shuld be deducted on service tax amount if an company is paying the rent income to landlord after charging the service tax.
We have entered agency tie up for business. and the commission is to be paid on the amount collected from customer/ agency. This commission payment is subject to the outstanding of the customer. If the outstanding is within a particular limit, commission will be paid otherwise it will be paid only after collecting the overdues. In such situation, if i make any provisions in the books for agency commission whether TDS is required to be deducted
A partnership firm carrying on business in a building owned by one of the partner. Land and building is in the name of the partner. This particular partner is an NRI. He has taken a loan in his name for the construction of the building. For the assmt: year 2007-08, whether firm can claim
1)depreciation on the building?
2) interest on loan taken for the building?
If no, any other tax planning measure which can be adopted now for availing this deduction?
Other suggestions are also invited.
Any information required can also be made avilable.
will expenses incurred on car hire charges attract 194I or 194C
are we to deduct tax on the total bill amount or on the amount net of service tax
Urgent.
Should we deduct TDS@professional or contractor for payments made to a painter?
Painter Vs. Professional Painter.
Company A sells its office premises whose market value is Rs.9 crores to a person holding beneficial interest in the company at Rs.3 cores which is higher than the guidance value for payment of stamp duty under Section 50 C of the Income tax act. Kindly clarify:
The tax implication on company And also on the buyer.
During A.Y.2005-06 TDS deducted against payment to sub contractor was deposited late and hence expenditure was disallowed.During A.Y.2005-06 assessee was proprietor and During A.Y.2006-07 business was converted into Pvt Ltd Co.As per I Tax Act this expenditure will be allowed in A.Y.2006-07.
Query- Whether above expenditure will be allowed in the hands of Individual or in the hnads of Company ?
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961
issue of tds certificate