"My name is Hardeep Singh.My work is to give taxi to company on hire basis.I send the bill to companies.Some companies say it will cut tds 22% and some company cut 15%.Pl guide me: hardeeptravels371@yahoo.co.in
The hiring of taxi is now subject to TDS u/s 194 I . Under...
created by q4tax | 2 years ago 325 views | 0 recommendations | 2 comments
"1.Our client has deducted TDS on professional fees and we got the payment in the FY 2005-2006. In spite of several reminders we have not got one TDS certificate. At the time of filing return we have paid that amount for which we have not got TDS as per our auditor. If i get...
created by q4tax | 2 years ago 70 views | 0 recommendations | 0 comments
"Claim TDS in the year you show Income.
Someone Asked in a Yahoo Group
Can anyone throw light on the following:
Q1. The assessee has received a TDS certificate for FY 0506 towards TDS deducted on advance payment made by a Customer in FY 0506. However, the asseseee is going to...
created by q4tax | 2 years ago 139 views | 0 recommendations | 0 comments
"No TDS on payment to Non resident Consultant!
Someone Asked on This blog
Is TDS applicable to foreign consultant who renders service outside India (namely in USA). Foreign consultant is US based and does not have PE in India. From: sundar.prakash@hotmail.com
In my view , TDS...
created by q4tax | 2 years ago 326 views | 0 recommendations | 0 comments
"Is Software Rental subject to TDS ?
Someone Asked on Yahoo group
Does 194I / 194C applies for payment of lease rentals for software?
1.
Simple question has no simple answers !
Covered under Section 194 C ?
1.
194C covers general works contract this section...
created by q4tax | 2 years ago 191 views | 0 recommendations | 0 comments
"Even Autonomous bodies of States are subject to TDS!
Advanced Topic
Is Panchayat Udyog exempt from Income Tax, if yes on what grounds, If there is any section/direction/ notification, kindly give detail, TDS has been deducted wrongly by some dept. on furniture supplied by...
created by q4tax | 2 years ago 303 views | 0 recommendations | 0 comments
"No TDS on distribution of assets on liquidation
Someone Asked On This blog
A Pvt Ltd Company is under Liquidation and there is excess of assets over liabilities( due to accumulated Profits) which the liquidator wants to distribute among the shareholder. What are the...
created by q4tax | 2 years ago 228 views | 0 recommendations | 0 comments