I withdrawn Rs 10000 from PPF account in current FY. Now i wanted to deposit Say Rs 10000 in PPF in same FY.
So what are the tax aspects?
Few Questions are as follows:
1. Withdrawal of Rs 10000 is Taxable or Not? If yes, then Under which section?
2. Would i get deduction of deposit of Rs 10000 in PPF under Section 80C?
3. Latest Provisions related to PPF?

Thanks!!

I withdrawn Rs 10000 from PPF account in current FY. Now i wanted to deposit Say Rs 10000 in PPF in same FY.
So what are the tax aspects?
Few Questions are as follows:
1. Withdrawal of Rs 10000 is Taxable or Not? If yes, then Under which section?
2. Would i get deduction of deposit of Rs 10000 in PPF under Section 80C?
3. Latest Provisions related to PPF?

Thanks!!

I withdrawn Rs 10000 from PPF account in current FY. Now i wanted to deposit Say Rs 10000 in PPF in same FY.
So what are the tax aspects?
Few Questions are as follows:
1. Withdrawal of Rs 10000 is Taxable or Not? If yes, then Under which section?
2. Would i get deduction of deposit of Rs 10000 in PPF under Section 80C?
3. Latest Provisions related to PPF?

Thanks!!

Sir ,plz tell me whether grade system is applicable for pcc students.plz explain this one.

Hi,

What is the deadline for Issuing Form no 16 by the Employer to the Employees.

Is it mandatory for the Company to Issue Form No 16?

If the company Doesnt issue Form 16 to the employee then what action can be taken Against the Company?

What Would be the fate of the employee in case the Company Doesnt Issue the Form 16 to the employee.

Is there any documented Rules and Regulation related to Form 16 By Indian Govt?

Waiting for Response.

Regards,

Amit.

Hai friends,

If a company reimburses the contractor for the expenses incurred by the contractor and includes a service charge.

what amount is liable for tds for the bill submitted especially for REIMBURSEMENT

ex:-

actual expenses - 100(includes service
tax incurred rs.10)
service charge - 12

total - 112

vat 12

total 124


In the above case what is the amount for which tds should be deducted.

if assasse is an AOP & have appointed a contractor for civil construction or otherwise, further in such case if assessee has re-imbursed any exp. like conveyance, tele. phone exp. to contractor's labour, which is liable for FBT. in such case wether assessee will be liable for pay FBT on such exp. or not? if yes pls refer relevant secion.

One person runs a carriers business i.e transports the goods from one place to another.
in this business he hires lorry to transport the goods, he pays amount of 25000 to one lorry person or aggregate pays above 50000.

As per tds 194 c , tds to be deducted. The proprietor is ready to deduct tax during payment of lorry hirer charges lorry owner but here the lorry person dont have pan number
& as per e-tds compliance requirement, 90% pan number should be available of the number of deductives, otherwise e-tds return will not be filed ( i.e cannot be filed since the software accepts when there is atleast 90% availabilty of permanent account number)

please advise in this case what to do since in above case nature of business is such that the lorry person has no pan number since they are not literate & they dont want to get in all this tax trouble and all. They even dont want anything to be cut from there income.

The tds amount will be bear by proprietor only but problem is he cannot file the return

you can email me on vikram_ranka2000@yahoo.com

Hi,

If mother gives gift to her daughter and grand daughter. Whether same gift is taxable to any of them. If yes what is rate of taxes.

Also can u please provide me list of "Relatives" who are exempted for Gift Tax.

Regards,
Hemal Parikh

iam maintaining books on cash basic. i raised bill in the year 2006-07 and received payment in june 2008 and showing income in the year 2008-09 than in which year i shoul claim tds.