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Easy Office


vishnukant
This Query has 4 replies

This Query has 4 replies

02 April 2008 at 17:58

Limit of TDS

hi all,
My query is if i have a contract with any contractor but sum of that contract doesn't fall into TDS deduction limit.
hence TDS not deducted upto previous invoice.but now contract has been amended and payable sum to this contract attract TDS as per rule.
now my question is that should i deduct TDS on whole amount billed till date.
and if i deduct TDS by considering all previous bills, will this attract interest?
pl suggest ASAP.


Rajeev Gupta
This Query has 2 replies

This Query has 2 replies

02 April 2008 at 17:24

tds ON MACCHINE RENT

IF WE DO NOT RECEIVED THE AMOUNT OF MACHINERY RENT AND LABOUR CHARGES SEPARATELY, WHAT WILL BE THE TDS RATE?


vandana
This Query has 1 replies

This Query has 1 replies

02 April 2008 at 16:49

tax deducted at source

Is the employer at default ifhe has not deducted tds on a monthly basis but deducted and deposited the same at the end of the year?


brahmam
This Query has 1 replies

This Query has 1 replies

02 April 2008 at 15:15

tax refunds

we got some refunds relating to various assessment years .cheques dated 17th of march have been received by us on 1st of april.refunds relating to tax payment and interest thereon.what are the entries to be passed and in which year we should account for that? Is there any effect on provision for taxation


M.V.S.S.SURYA BHAGAVAN
This Query has 1 replies

This Query has 1 replies

02 April 2008 at 13:49

Capital Gains

Sir
A Property (Old House) given for Development to a builder with 60% to builder and 40 % to Land owner. The builder constructs 20 flats and 8 Flats were given to Land owner (4 Family members)and there is no monetary terms between the parties. What is the Capital Gain that to be paid by the Family members . Since the Development agreement between builder and site owner not registered the share of Land owner i.e 8 flats were registered by way of partition deed 3 flats each to 2 sons and 1 flat each to daughter. What is the Capital Gain that to be paid by the Family members . What are the exemptions ? How to arrive the sale consideration / cost of Acquisition. No flats were sold from Land owner share


Rajeev Gupta
This Query has 1 replies

This Query has 1 replies

02 April 2008 at 13:22

e payment of tds

is its mandatory to file e payment only by the corporate assessee & individual through his bank account?
























7


Rajeev Gupta
This Query has 2 replies

This Query has 2 replies

02 April 2008 at 13:19

e payment of tds

is ca deposited their clients tds through his firm bank account electronically.


harshit
This Query has 1 replies

This Query has 1 replies

02 April 2008 at 12:13

section 44aa

it consultants how much % of profit shown in his gross receipts during the f.y.2006-07

please urgent sir


Sarvesh Mani Tiwari,CFA(ICFAI)
This Query has 6 replies

This Query has 6 replies

02 April 2008 at 11:37

TDS ( Intt on Late Payment )

Is TDS applicable for Intt on Late Payment?


esha
This Query has 2 replies

This Query has 2 replies

02 April 2008 at 11:28

Query about perquisite

Company has paid tax of the employee who is the Director/ MD. It is a perquisite in the hand of employee and is taxable in hands of employee. Is there any notification or circular which tells about that it would not be taxable.