Kindly tell me can I buy a new residencial property under secrion 54 and also at the same time invest some amount in capital gain tax saving bonds under sec 54EC to finish tax requirement on my capital gain on sale income of my inherefted property....

TDS need to deduct OR Not for Payment of Rs. 1,77,000 as Interest on Credit Purchases by A HUF Proprietorship Firm?

Supplier says, since it is Proprietorship Firm, there is no need to deduct TDS. But I doubt, Supplier want to take advantage of Ignorance of Buyer.

Will Buyer comes under fault if he does not deduct TDS and deposit to Department in such case?

I have salary income & other misc. (electric job work income) yearly 60000 for the f.y.2013-14 which itr file 1 or 2? if itr 2 which column saw ele.job work income?

Please tell me the procedure to get income tax refund cheque if it is returned due to wrong address. What is the procedure for reissue?
The return was filed offline.

Namaskar,

Sir, we have need you expert advise on a matter of excess payment of Income Tax.

Sir, under a “Family settlement” we have transfer share from one family member to another family member and on this transaction we have calculate capital gain and paid tax during financial year 2008-2009 and we have assessed under section 143(3) before March 2012.

Sir, now we have came to know that this capital gain under family settlement transfers is not taxable. Hence we seek your esteemed advise in order to get back tax deposited.

Kindly help us.

Thanks & Regards

Vijay Sharma
Phone # 9871653355, 0124-4125795

Dear Sir

My company is a logistics service provider. From one vendor we receive Transportation bill and forwarding bill also. I receive 2 separate bills.
Do we have to deduct TDS on both bills or only on forwarding bill and not deduct TDS on transportation bill.

Kindly reply

Raina

Dear Seniors,

Can a TDS liability for a particular month of ABC Co. Ltd. make deposit by a third party (Any individual, any Company & any group Company) from their bank account. If yes, is it attract any problem from any point of view.

How do i save payment of Tax as a Salaried Employee, Please any one help me in this regards & provide any attachment for reading


Thanks.

Can you help me in this little question

a client/individual is supposed to receive some referral fee for a consulting job overseas.

the company is deducting corp tax of 20% in UK from the fee received by the client/individual in India. and they would remit the balance along with a copy of tax deducted being sent for records.

will this tax deduction of 20% by the UK company as proof is enough for the indian entity to file tax that has been paid in UK or is there any other taxes that the indian entity has to pay.or any indian IT dept will ask him to pay?

as he has already being taxed by the payee overseas,

can you help in this matter.


Paul.

KINDLY LET ME KNOW
1.DO THE SPOUSE OF NRI BECOMES NRI AUTOMATICALLY?
2.WHAT IF SHE HAS INCOME FROM TERM DEPOSITS INVESTED IN INDIA OUT OF HER SPOUSE'S FUND IN INDIA