Hello,

My company is foreign subsidiary Private Limited company. We had paid 2,34,960/- Rs to our director for providing project support consultancy. and same amount paid to a company in which this director is appointed as Director.

my query is, is this transaction is covered under section 314 of Companies Act, 1956 or section 301 of companies Act?y

If yes, then please provide me complete Procedure of concern section.

Company has not deducted TDS on director's remuneration. Can we treat it as a salary expense. And if we can not treat it as salary then what will be the penalty or interest that my client has to pay.

Dear Sir,

Senior Citizen asseessee has following income :

Salary Income : 312000
Interest Income : 305720

TDS deducted on Interest Income : 16570
No TDS deducted on salary...

now tax liability arises to Rs. 30353 after TDS but our income tax return filing software does not calculate any interest u/s 234B & 234C...

So whether software is correct or not ???

As assessee is not liable for interest u/s 234B & 234C because the employer is in default for deducting TDS...
Whether this is right or not ?????

Hi,

My father was alloted a HUDA plot in December 1999. After paying all installments he got the conveyance deed in his name with a price of rs.519203.00 (stamp duty costing rs. 36350.00)..

On June 2013 he sold the same plot with a sale consideration of rs.3885000.00.

Please let me know the tax implication.

Please provide Latest Capital Gain Calculator.

Sir I want to the details of TDS amount through form 26as. My Pan No.ARLPG5967A Please check and send the details to my email. TQ, -GSNMurthy

hi
sir i want cc interest calculator in excel?

Sir,
This is Pragya Gupta,recently qualified in C.A final exam,first attempt both group passed,as i get my degree in the earliest time and due to my special interest in Taxation field,I wan to do specialization in Taxation,like,is there any line for same or course to make the same as career in ma field. pl z do help and thanks in advance.

sir
last yr i sold a agriculture land and capital gain deposited in capital gain scheme and in this year i withdraw the amount and uitilised this amount in construction of residential house
what this amount will be tax or can i claim deduction u/s 54f by uitilising this amount

In 26 AS, TDS is deducted by same party for samr services undrer different heads I.e., 194h & 194j commission as well as professional fees. I have only commission income. In ITR should I show both amount under different heads or only as commission?