Dear all

I m receiving rent From HIGH Commission Canada(Embassy in India) 25 lacs yearly.

I want to know do i require to charge Service Tax???????

Pls give ur suggetions!!



thanks..

Hi,

I have Bank fixed deposit of rs 500000/-
for 2 years and interest is paid at maturity.

1)Fixed deposit was made on 3rd july 2011 and
has matured on 3rd july 2013.

As it has traversed 3 financial year
I have submitted 15H(Being a senior citizen)
For FY 2011-2012,2012-2013,2013-2014.
as I have calculated for the financial years including this income my tax will be nil. bank has not deducted Tds

Now i have got Rs credited in my account on 3rd july,2013 Rs.609201 (Interest 109201). My question is this interest 109201/- is income from other source in FY
2013-14. or the accured interest on this Fy 2013-14. Please advise.

Dear expert

We have not deducted tds of one of our employee during first quarter but from second quarter on wards, we are going to tds on his salary. My question is that at the time of filing return of second quarter, should I have to show amount which has been paid during first quarter also?

Kindly reply.

hi,
i am salaried person n want to file my itr.
i come under 30% tax slab.
I received Rs 8750 as intrest on my saving a/c
So can i get benefit under 80 TTA or should i pay tax on it

Hi All,
Section 194J says Any Person responsible for paying any amount.......Definition of Person includes foreign company..
My client in India is providing technical services to company incorporated in USA.
MY client is receiving in dollars..

I have doubt in this transaction.
Whether Foreign company is liable to withhold the tax....

I am expecting the answer based on the reading of act..
As Foreign company is included in Person as per income tax.....
Logically we can say he wont come under Indian income tax jurisdiction...
But Reading of definition of person and section 194j is confusing me...

is scanner enough for cost fm n accounts preparation (ipcc grp 1) ?

Interest received on wife ' s f.d. and also t.d.s. to be cut on interest. And there is no other income of wife so such interest income can be club in husband 's income and claim for t.d.s. refund on husband 's return

Block: 2010-2013
FY: 2011-2012
Background: LTA was not included in Fy2011-2012 Tax claculation.

QUERY:
1) Can this LTA be reduced in the Taxable amount in FY2012-2013?
2) In which ITR schedule should this be included?

We are filing IT returns for the last 20 years without fail. Now our auditor says that since there is no tax payment we need not file the returns. Is it correct and is there any risk of scrutiny for non filing? Please clarify.

If reverse charge provision is applicable incase service is security service and service receiver is partnership firm