Income Tax queries [Resolved] [35653]

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siva

This Query has 1 replies

14 July 2007 at 02:31

Tax Rates for 2006-07

Kindly share me a TDS rates for Vendor payments for 2006-07

parmod

This Query has 1 replies

14 July 2007 at 01:49

difference between shares business & shares investment

sir, i want to know investment in shares and there will be a no. of transaction during the year. so now we want to know that in which head my income from sale of shares are taxablei.e. business income or capital gain. and also tell me that what is the base of difference between investment or business.

Narendran

This Query has 2 replies

14 July 2007 at 00:27

TDS on Contract Payments

Sir,
As per section 194C, No TDS to be deducted if the payment does not exceeds Rs.20000 in a single payment or Rs.50,000 in aggregate in afinancial year. What my query is a client made number of transactions in a year. up to half of the year, such contract transactions does not exceeds Rs.50,000/- hence the company not deducted TDS but rest of the year the contract transactions exceeds Rs.50000. Now the company is liable to deduct TDS on contract payments. from which amount the company to be deduct TDS either including basic limit Rs.50,000 or Excluding Rs.50,000/- ?

Kindly clarify.

parmod

This Query has 1 replies

14 July 2007 at 00:08

EXPORT GOODS REJECT

WE EXPORT GOOD IN F.Y.2006-07. BUT THE SAME HAS BEEN REJECTED BY CUSTOMER AND REHJECTION LETTER & COPY OF B/L FROM BUYER SIDE RECEIVED IN SAME F.Y.200-07. BUT BILL OF ENTRY DT.IS IN F.Y.2007-08. SO I WANT TO KNOW THAT IN WHICH F.Y.WE PUT ENTRY OF SALE RETURN. PLZ REPLY ASAP.

SHEEJITH

This Query has 1 replies

13 July 2007 at 22:27

windingup of a company

What is the easy method for winding up of a private limited company. Which section of the Companies act is applicable? Is it necessary to appoint Liquidator ?

SHEEJITH

This Query has 1 replies

13 July 2007 at 22:25

buy back of shares

Is it possible to buy back shares issued by a private limited company ?. If so what is the procedure ?

SHEEJITH

This Query has 1 replies

13 July 2007 at 22:23

ITR 5 PART A P&L

Where shall we show interest and capital paid to a partner of a firm in PART A P&L as the partner is not an employee ?

Shruchita Singh

This Query has 2 replies

13 July 2007 at 13:28

CA firms providing articleship

hi
i have appeared for PE-II and want to know about the best firms providing articleship.

SHEEJITH

This Query has 1 replies

13 July 2007 at 09:00

ITR 5 shedule CFL

In schedule CFL of ITR 5 broght forward loss can be shown from the assessment year 1999-00 only. But if there is brought forward depreciation loss prior to the assessment year 1999-00 where it should be shown ?