One has purchased a propert amounting to Rs. 70 lakhs. As per The Finance Bill 2013, purchaser of an immovable property (other than rural agricultural land) worth Rs 50 lakh or more is required to pay withholding tax at the rate of 1% from the consideration payable to a resident transferor.
In this case kindly answer my below queries:-
1. If the payments are made in parts, when to deduct TDS?
2. Is there any due date prior to which TDS has to be deposited, or it can be deposited anytime, in the same financial year, in which consideration is paid?
3. When to deposit TDS if consideration is paid in 2 different financial years?

Kindly guide

Thanks
Swati

I am so much Confuse about CA Final exam...my Exam due in May 2016 ....but i worried abt my exam pteparation...So plz suggest me how i can do start my Final exam preparation....???

Dear All,

Whether a company which has no business activity/income except interest income on loans and advances provided, can claim expenses such as director remuneration, rent and other misc exp.

Sir, We are a proprietory concern. We have three proprietory concern. 1. D.Tyes, D.Lubes and D.Logistics.
We have only TAN Number on D.Logistcs

Whatevet Profit on D.Tyres and D.Lube is transfered to D.Logistcs

Now CA has raised bill for his professional work on all three concern.

Question Is whether we have to deduct tds on D.Tyres and on D.Lubes on Payment made to ca for his professional work.


Kindly suggest

can anyone plzz guide me whether crash coursr classes conducted by the institute before exams are helpful in preparation for ca final students...m v confused abt it. shd i take the classes for quick revision or not??

There is a Party A with whom Party B has a contract for supply of Electrical goods.
Party A supply electrical goods of Rs 35000

Whether Party B deduct tds on payment to Party A
Whether there is provision of service tax apply?

wat is the procedure for re registration as a ca final student ? i had registered as a ca final student on 9.9.2009 now since 5 yrs hv happened , wats d re-registration procedure ?

How to purchase rtps for caipcc nov 2014 is there any source to purchase please tell me .

Sir I carry out two activities under my company..shearing and pickling of steel plates on jobwork basis.i was unaware that picling amounts to manufacture. So we hadnt registered for excise.we generated common invoices for both activities and charged 12.36 service tax as we are regstrd for service tax. Now we have faced an action from excise preventive dept.they have charged us for evasion and are considering all invoices under excise tax.we are only jobworker. What should I do?

Hai sir Iam registered for IPCC in 10/06/2013 under Direct Entry Scheme. can i apply for scholarship?