Dear,

If deductee is a Foreign company. Payment is related to fees for professional services.

My question is :- Is exemption available for non-furnishing of PAN (u/s 206AA). TDS rate will be 20% for non-furnishing of pan or tds will be 10% as per normal income tax rules

thx

Respected Sir,

We Have paid TDS on Rent at 10% considering 1,80,000/- crietria Instead of 5%, for responsible for paying to a resident monthly rent exceeding Rs 50,000 under Section 194-IB with effect from June 1, 2017,

What will be the Rectification need to be done .

kindly help Me in this regards

Thanking You in advance

hello
all

I am working in partnership firm which has rented office premises and they entered into Leave &Licence Agreement with the minor though her guardian. Now the question is firm pays rent to Minor so tds deductions will be from her name as a deductee and pan of the minor ...

please help me in this regard

A party deducted tds for Fy 2007-08 but TDS Return not filed.
but now party wants to file TDS return for the same.
As per 234E there is a late fee for late filing max. upto TDS amount.

So is it possible to first file NIL TDS return to avoid late fee than file revised return for the same.

A resident ( as per Income tax Act,1961) Indian citizen has a flat in Singapore
purchased five years back. He is selling it now. Can he index the cost of
acquisition. If there is capital gains, where he has to pay income tax
ie., in India or at Singapore. Kindly advise.

Sir
I gets HRA 5000/Month and i pay rent rs 7000/ month. Can i get any exemption or deduction under section 80 tta. If yes, do i need to submit rent receipts to income tax dept.

We have given contract of Rs. 61000/- for Canopy work for our office.50% advance payment made Rs. 30000/- balance to be paid whether the TDS need to be deducted or not

ITR 1 is auto calculating deduction limit on home loan under 80 EE. but limit is 200000. please clarify

April month salary giving to staff on 5th of May, then TDS have to remit within 7th of May or 7th of June ? Experts kindly advise. Tally software is using. TIA.

Dear Experts,
My query is, as per section 194C (6) if a transporter does not owned 10 or more vehicles but he hire more than above for his business from third party & raised invoice for the same.He has also submit TDS declaration for non-deduction of tax.
In this sequence TDS will be applicable or not.

Pls. suggest.