We have deducted TDS on the interest paid on FDR to the Co-Operative Bank and also remitted to Income tax department.

However later on we understood that as per the provision of section 194(A) of Income tax Act 1961 that any amount paid to the banking company or co-operative society engaged in the business of the banking company provisions of clause no. 1 of section 194(A) is not applicable.

Kindly provide us the procedure/clarification for claming the TDS deducted wrongly and remitted to the Income Tax Department.

Your early feedback will be highly appreciated and thankful


Regards
CA Nitesh Swami

Hello,

I have revised the TDS return of my company in Feb'2013 for the period Q1 F.Y.12-13 , entries are modified were 25.
Statement status of this return is showing as proceeded. But when i am downloading 16A form of vendors, i have noticed that only 7 entries are modified and other 18 entries are not modified.
I have dialed on Customer care number and dropped mail to them but they are not responding. Is there any way to sort out this problem.

Pls help me on above matter as we are getting continuous reminder from our vendors

Thanks in advance

Kindly guide me regarding the Tax effect on Long Term Capital Gains earned by a Partnership Firm on sale of Shares on which STT has been paid.Will the income be exempted u/s.10(38)for a Partnership Firm also? or is it applicable to Individuals only?
Kindly guide and if you could provide case laws I would Obliged.It is urgent so pls reply.
Thanking You.

full Detail of sec.314

Dear members, please enlighten, whether there is any difference in the manner of depositing the service tax, when it is on account of import of services (here it is architect's service)in India.

Thank you

Dear members please help...

An Assessee deducted tds under section 195 for professional services, and inadvertently deposited the same under section 194J along with TDS deducted under section 194J under the same challan.

What can be the remedy for this mistake.

Secondly, if we get the section changed to 195 for the whole amount of TDS, whether the party (resident) can claim credit in any manner.

Hi,
Recently I have started commission based selling of office automation products. Individuals come to me to sell my products to clients in exchange of commission. Now the bill and cheque are in my firm's name and I pay a set commission to the individual. How can I show in tax filing that I have paid x amount as commission? Should I make a voucher and take sign of the individual on it or there is another process, pls explain. If voucher is ok then what should be mentioned on the voucher, if u could provide a template it would be very helpful. Thank you.

sir i wnt to know about esugum sir material is coming from maharastra to bangalore but project is in guburga so what i should do in such case sir please help me out in this i need it urgently

Pls tell me that what is the difference between W.D.V and S.L.M method of depreciation and what will be preferred for dedution ?

I passed IPCC group1 and joined a midsized firm for articleship. Now I want to terminate the articleship from the existing auditor and filled the form 109 (3 copies) and awaiting for his signature. What is the procedure after getting sign from him.