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KAMAL PODDAR
12 June 2009 at 17:59

RETAINER SHIP INCOME

I AM A LAWYER WORKING AS A RETAINER IN LAW FIRM I AM GETTING A FIXED RETAINERSHIP PER MONTH . I AM GETTING TDS CERTIFICATE AS PROFESSIONAL INCOME UNDER SECTION 194 J SHOULD I TREAT MY INCOME AS SALARY INCOME OR PROFESSIONAL INCOME. WHICH ITR SHOULD I FILE ITR 2 OR ITR 4

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KAMAL PODDAR
12 June 2009 at 17:49

TAX DEDUCTED AT SOURCE

TAX WAS DEDUCTED AT SOURCE FROM MY INTEREST INCOME AND TDS CERTIFICATE WAS ISSUED TO ME BY THREE PERSONS FOR ASST YEAR 2008-09. i FILED MY RETURN BEFORE DUE DATE. i CALIMED REFUND FOR TWO CERTIFICATES BUT FORGOT TO CLAIM FOR THE THIRD TDS CERTIFICATE. MY ASST IS COMPLETED. CAN I CLAIM REFUND OF TDS FOR ASST YEAR 2008-09 IN MY RETURN FOR ASST YEAR 2009-10

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SAMIDURAI KALAIPANDIAN
12 June 2009 at 13:00

TDS

Our company has paid oecan freight to Maersk, MSC I P. Ltd and to other liners.

Shall we deduct tds these payments. The freight amount invoiced in USD and then convert in to INR . we have paid in INR.

Kindly advise

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VISWANADH.R
12 June 2009 at 12:34

Rent from crane

A firm uses crane for its manufacturing unit.. it also let it on rent at times. Would this income be part of manufacturing A/c or P&L a/c..

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vivek vishal agarwal
12 June 2009 at 11:07

tds

if a salaried employee is getting salary more than the exemption limit than the employer of that employee is liable to deduct tax at source for that year .generally tax should be deducted every month from the account of employee.my querry is that if the employer decides to deduct tax of the employee from july or aug or sep onwards for the whole year,than is he liable to pay interest as tax of every month is due on 7th of succeeding months and the tds has not been deducted for the month of april,may ,june.No liability for tds has been created for the month of april,may,june

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ketan
11 June 2009 at 21:45

foreign services

if a foreign individualm has a personal property in india and he took a taxable service from another foreign service provider in india than is there any service tax liability?? if then, who will pay it as both are not resident of india...

what if one of them is an nri but still don't have place of business or residence in india???

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Anuj Gupta

1.Can a company make payment to an independent director as commission.


2.If Yes then,Whether TDS on Commission paid to an independent director shd be deducted u/s 192 or 194H.

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CA Sudha Bothra
10 June 2009 at 18:59

resigning shareholders dues

A minority shareholder of a private limited company is resigning due to difference in opinions & views with the majority, so what is he entitled to receive from that company like value of his share, percentage in net worth, etc???

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Yogesh

dear all

We are saling one product. the prodct P.O. is open m which has not mentioned any specific date of closing order. they have issued seprate order of design & devolopent charges.we are issuing sale invoice against devolpment & design charges with include service tax.
is it correct?

Because of I heard excise duty will be applicable on devolpent / design charges & devolpent charges are dividing per quatity product & add excise duty in issuing prodcut invice, which has issued with excise.

kindly give the suggestion on same issue
. if excise applicable on devoplent charges, it is double taxation.



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CA Mayank
09 June 2009 at 22:25

X-Employeer Articleship

I need help. As u r aware of the rule of restriction on transfer of articleship.
i took transfer before this rule came.
Though my previous boss given me transfer when he found i am not going to stay under him.
Now i am working else where, as few days back institute has given e mail ID for dummy article after that my previous boss contacted me & told me that he will launch a fake complain on this ID so that i will get hares and my time will get waisted and so that i cannot concentrate on studies.
Just to harres me as i took transfer from him. He is having my reg. no. too.
Pl tell me what to do.
Can he simply send my name to that ID without proof and institute will also not ask proof before approachong to me.

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