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.

I HAVE A RECURRING DEPOSIT. BANK CREDITED INTEREST RS. 30215/- IS THIS AMOUNT HAVE EXCEMPTION ??? I HAVE OTHER TAXABLE INCOME NEAR RS.115000/-. PLEASE GIVE ME A REPLY

WE HAVE PURCHASED CERAMIC MURAL FRAMES ,WORTH RS. 55000/- IS IT ESSENTIAL TO DEDUCT TDS ON BILL AMOUNT OF RS.55000/- WHETHER THIS IS FALL IN CONTRACT OR PROFESSION . PLEASE GUIDE US.THIS MATTER IS MOST URGENT



RAJKUMAR GUTTI

As per IT act 44ADA covers only services by CA in practice .

If accounting services & ITR filing services etc are rendered by Semi qualified CA or non Ca student like B.Com student,
Can he file his ITR under 44AD??(presumptive taxation -if his income is less than 44AD limits )

1. Is The Gift/Money Received By HUF From Its Member Taxable In Hands Of HUF ? Is There Any Monetary Limit ?

2. Is The Gift/Money Received By Member From HUF Taxable In Hands Of That Individual Assesse ? Is There Any Monetary Limit ?

i am auditing a Software Company . then i found that company has bills worth 1lac permonth towards internet paid to TIKONA infitech limited. they are deducting TDS under section 194C .. i suggested them that it is incorrect .. what does experts say ?? thanks.

My doubt about a/c no. mentioned in huf return. Either mention a/c no. Of karta or separate huf bank a/c no. Sir which one is correct for claim tds

Dear All,
It is noted in many cases that Wine shop alloted to Mr X, but regular business deposits and wine purchases made from "Y" bank account , where he is just manager or cashier of such wine shop which ultimately results in 148 notice to "Y" as he is not showing the same in his IT Returns where X shown in IT and claimed TCS as refund also. What is the impact on "Y" ?? and How X should show such transaction to IT dept.?? Pls clarify . Thank you

Mr.X is going to marry very soon.
His friend Mr.Y is going to gift him free of cost immovable property
What is taxability of such gift?
How to make gift deed?
Any tax payable on stamp duty valuation?