Party A is a govt organisation. Party B(private party) has done painting and repairing work for party A. Party B raises bii as
Material 2100
Total bill 4490
Now Party A made payment to Party B after deducting TDS and Vat
VAT 4% 180/-
TDS 1% 45/-
Party B 4265/-(4490-180-45)
My question is
1) Is it the right way of deducting vat? Whether party A is liable to deduct vat,If party B is not registered under VAT (turnover<5 lakhs)? Party A said he is deducting vat on behalf of Party B and deposit vat in govt a/c
2) Whether Tds is to be deducted and on what amount?

sir/madam,
i have filled itr1 for ay 14-15 in which i fill HRA EXEMPTION in income from house property as a negative (-) income of rs 14420.


what is the correct adjustment of hra in itr1 excel utility???


now what should i do???????
please Help!!!!!!

Hi all,

I am using Excel 2007.
I have pinned my excel to task bar.
When I right click on excel I am unable to get recently used files.

Plz help

A person who is resident in India in the previous year(2013-14) as he left India on 15th October, 2013 for UK for employment purposes. The UK government has also deducted tax on the salary earned in UK.

Now in India whether he will be charged tax on whole income (India + UK)or only on Indian Income? If he will be charged on whole income, then how the DTAA will be treat the income?

Hello,


Can deduction can be made if employees contribution to PF paid after due date of payment but before due date of filing return?

sir,
please tell me what is a company exchnge breifly with simple word.

sir,
please tell me what is a difference beween company director salary & his remuneration & what is a limit for tds deduct on director remuneration.

what are the necessary documents required for conversion of VAT rate from 14% to 4% can anybody help in this matter

When the result come?

hdfc pension amount received by individual who has own business and taken pension plan scheme whiling filing the income tax returns under which head this income can shown.
pension 1/3 exempt how to show in ITR.
please suggest me.