If X is an Professional Employee of ABC Ltd. and earning Rs.30000 pm (TDS u/s 194J is applicable) for Taxation purpose. Car loan has been taken on his income and Car has been registered on her wife's (spouse) name. EMI going through "X"'s (an employee)Bank account. Can he show the Interest on Car Loan in his IT returns???

2 Answers  

---

What is TDS? Post journal entry for that in books of company.

10 Answers  

---

What are the accounting entries to be passed for TDS if person who is assessed is a Firm (or) Proprietorship (or) Company (or) person? Eg: I (CDE & Co) paid Rs. 1,00,000/- through ICICI Bank after deducting 10% of the amount (Rs. 10,000/-) as TDS (Tax Deducted as Source) to “ABC & Co” (i would like to know the entry to be posted in "CDE & Co" and "ABC & Co")

1 Answers  

---

what is the procedure for tds?

1 Answers   IBM, OPI Global,

---

What is MAT?

1 Answers  

---

---

what is diffrant betwwen exice duty & sale tax

8 Answers  

---

if i am a normal salaried employee and will not come under IT payer slab, if i have received a monitory help of Rs.15lacs from my friend who is staying abroad and it is on returnable basis, how i can show this in my IT remittacnce? is there any taxes i have to pay?. if i am going to payback him every year 1lacs how i have to show this? please suggest me Reg RK

1 Answers  

---

Hellow this is ravindra wanted to know about excise duty rates pls suggest

0 Answers  

---

How to make fdr entry in tally software i dont understand. when fdr open from bank and after work and interest it get closed. i want to understand how to make ledger of that and full details please help me

0 Answers   Suresh Co,

---

On which amount is T.D.S Applicable on account of Payement to Adverting contractors for F.Y.2010-11

3 Answers  

---

WHAT IS MEANING OF CENVAT CREDIT & CENVAT AVAIL

2 Answers  

---

can we deposit UPVAT & Central Sale Tax through Net Banking from HDFC or YES Bank

2 Answers   Steel Forge,

---