Answer / eknath

TDS is income tax. Income tax is liability of every profitable entity. If liability is to be paid in advance or at source on that day it becomes Asset of business

Answer / raghu.v

TDS will deduct on income.

when we provide the service to customer ,they will deduct and will pay remain amount,TDS amount we will consider as asset and same will claim at the time if Income Tax Return( will less on tax paying)

what is 'H' form & when it's issu?

4 Answers  

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My client is a Partnership Firm and was converted in to the Pvt. Company. Now, the Question is that the both the entity i.e. Partnership Firm and Company entitled to get the Depreciation of Proportionarate basis, they used the Assets? I reffered to the Income TAx Act, there is no any specification regarding the convertion only the amalagamation and merger.

0 Answers   SK Accountant,

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if we sent our goods for selling purpose to our agents outsight the state, is there any need of sending c form to him or form 38

1 Answers  

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my tds has been deducted for financial year 2008-2009,will i get tds certificate for that and when,what is the use of the certificate

1 Answers  

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what is the Finalization?

2 Answers  

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Is car hire charges attract FBT?

3 Answers  

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Which form we use for depositing works contract TDS?

4 Answers  

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how will one calculate TDS when the bill is with service tax (SAY an AMC bill ) and what treatment will be there when it is a rent bill with service tax. is there any rules in income tax as to deduct double taxation?? pls help with rules sir

0 Answers  

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how tds is calculated?

1 Answers  

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Sms service provider's bill (tds applicable or not)

8 Answers   Emerson,

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Please guide in Taxation. I want to know the CHALLAN NO, FREQUENCY OF TAX DEPOSIT,FILING FORM NO, FREQUENCY OF FILING OF ALL TYPES OF TAX(DIRECT & INDIRECT)

0 Answers  

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What is Vat and how it is adjustable with input vat and what return form required for DVAT?

0 Answers   Construction, Ernst Young,

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