Can a company issue FORM 16 with "TAX PAYABLE"( in tax payable/refund column).

Suppose tax payable by employee is Rs 5000 and employer has deducted only Rs 4900. Can he issu Form 16 showing Rs 100 as payable????

Dear All,

Can any body tell me that what is criteria of claiming exemption from deduction of TDS by any other party?

warm regards,
sunill

Please Clarify anyone –

Whether the Companies (Amendment) Bill, 2003, was passed in the parliament and given the assent by President or not?


Thanks N Regards
Varathan

Stamp duty on car loan be capitalised in car or chargable to P/L A/c.

I wrote june p.c.c 2009 exams.I would like to know about date of result about june p..c.c.

An exporter of qualified goods gets credit facilities from scheduled/nationalised banks as well as from co-operative banks. Both type of banks will debit interest on finance utilised for and charges or commission for other services rendered for, Generally banks are debiting accounts in nature of Postage and other communication charges as well as commission for negotiation etc. Under the circumstances, exporter is liable for TDS ? If yes, under which circumstances ?

i have online trading income through demat account on daily basis.And now i want to know that under which head it will be taxable in my hands.if their is 2 solution then which is benfical to me if i have loss in it.and i m expecting gain in next year.Can i have option to take it as under head Business OR Capital gain income.

plz tell me the basic differences between VAT and Sales tax. if rate of sales tax is lesser than VAT then is it beneficial to purchase goods from other states? how VAT and SAles tax differs practically. thanks

Hi ,

I am a salaried and work for private firm. I have given a professional service to one of the company from which i have got a income of 1 lac. The company has deducted tax of 10.3% . They have provided me form 16. Which form I must use to file both salaried Income and the income from professional service. Which ITR form I have to use. Is single ITR form to be filled or 2 different ITR forms are required .Request your help in filing this return.

Sir,

The dept. has ammended the date of TDS payment from 01-07-2009. But till today Challan no. 17 is not available.

Now I have 2 querries

1.) How we have to make payment of the TDS deducted in the month of June 09. which is payable on 7th July 09.

2.) The date of filing quarterly TDS return for June 09 ending is 15 of July 09. Now whether we have to file Quarterly TDS return for April to June 09 by old system or what to do?

Please reply urgently.