What are the criteria to avail lower deduction of TDS & why
the lower TDS deduction certificate issued?
Answers were Sorted based on User's Feedback
Answer / avadhut
If any organisation comes in to the loss in the financial
year then the organisation can claim to the IT department
by filling form no.13 rule 28 & 37 G by presenting the
balance sheet of current year & provisional year for
assessing the tax liability for that year. Then the
assessment officer will issue the lower deduction of tax or
Nil certificate. organisation can issue this certificate to
the customer for non deduction tds from our bill or
receiving payment.
| Is This Answer Correct ? | 19 Yes | 5 No |
Answer / anju
not statisfactory answer.
Plz post the details answer.
| Is This Answer Correct ? | 12 Yes | 3 No |
We have received bill of Machine installation charges but service provider is not raised service tax in bill who is pay service tax ?
I RAISED SALES INVOICE TO DEBTOR GROSS 25000 +S.TAX 3090 TOTAL 28090 AND I RECEIVED 27528 CHEQUE FROM DEBTOR HOW TO ENTER THESE TWO ENTRIES IN TALLY AND HOW TO COMPARE ACCOUNTING STATEMENT
we are purchasing kraft paper is there any question entry tax over kraft paper as per the orissa entry tax rules. and if so what is percentage of entry tax.
What is the rate of TDS for the year 2008-09..
What are the relevent Scetions of Income Tax Act India, under which amount for TDS diductin ( on Services Invoices ) is calculated ? and which are important Cases of HC/SC regarding TDS on Service Tax Portion?
How can I Proceed to my client regarding Advertisement Bill as we are dealing in advertising agency and also clear us can we deduct TDS on their bill? For Example we receive a bill from The Sandesh Ltd. of Rs. 50000/- and they do not mention service tax in the bill. So, Kindly provide the Guidelines regarding This Problem.
please share fy 2017-18 salary tds auto matic excel utility
Sales tax office sent C form to us, but we have not received c form? what is the procedure to get c form?
what is differed tax liability/asset? how it is to be calculated?
What is permanent account number (pan)?
if "a" is a party from gurgaon purchase goods from "b" a party of bhiwadi. "a" purchase goods at cst @2% against "c" form of rs(taxable amt) 10000/- cst @2% rs 200/- then the total bill amount is 10200/-. what is the amount of "C" form made by "a"?
If a person got gold by wining a lottery and TDS on the gold value was not deducted by the deductor. After getting the gold, the person tranfer the gold to his daughter. After reading the provisions of the Income Tax Act, 1961, you are required to state that who is liable to pay the tax on the value of the gold? and is there any liability of the Deductor towards non-deduction of TDS?