We are a 100% export oriented unit. When we receive the inward remmitance from our buyers the foreign bank charges are deducted and we get only the balance amount. Do we have to pay service tax for the amount deducted by the foreign bank.

One of my friend is working with Govt.corporation. his gross income for A.Y. 2009-10 is below Rs.1.5 Lac. And as such his office not issued Form No.16.
His minor son is being enrolled as private finance consultant & total commission paid to minor by a institute is Rs.3.98 lacs & T.D.S. of Rs. 40235/-

kindly guide in the matter for filing I.T. return of parent.

My company has work done in the year of 31st March 2003 as construction of residentrual Building. but due to some financial crisis of our client the have non any payment made to us bus bill was finalised on that date amd we shall take this amount account for in this year. The fact was taht the client was assure to us the will pay the amount. In the year 2009-10 we gate this amount. My question is we shall bount to pay the service tax under5 residential complec.

HI . when will the results of online CPT october 2009 come? there is no information in website of ICAI is given regarding this.

can we consider chit investment as asset cheargeable u/s2(es) of Wealth Tax

Dear all,

i would like to know the professional tax due dates in Chennai.

Thanks you

under section 194C, TAXPAYER NEED NOT TO PAY TDS IF HE PROVIDES PAN CARD. AFTER RECEIVING THE XEROX COPY OF PAN CARD WHETHER WE HAVE TO INFROM THE DEPARTMENT IMMEDIATELY OR AT THE TIME OF PREPARING THE BALANCE SHEET THAT WE ENGAGE THIS TRANSPORTER FOR HIS SERVICES & WE DIDNOT DEDUCT THE TDS ON FREIGHT BECAUSE HE IS PAN CARD HOLDER?

Dear Experts,

My Annual in come below Rs.1,60,000.00 and I am working in a Pvt.Ltd, but I am having PAN card.
Now is it necessary to file a Income Tax return.

Kindly suggest me.
Thanks and regards,
R.Dutta

Dear All ,

I have a doubt regarding the TDS rate on rent as per the new rate

We are paying rent of Rs 26000 and generator sharing charges to the Owner Rs 2500 per month , do we need to deduct tax on generator sharing charges also .

Now there is another issue that for our building there is a separate transformer set up so we are also paying a share of 16000 per month for the same .
so do we need to dedust tds .

Regards
Nisha

Dear Sir,
I would like to know the penal provisions if Professional tax payment is delayed in Chennai.