Is TDS is applicable for subscription/membership fee paid
to registered council?

Answer Posted / shravan kumar

no

Is This Answer Correct ?    29 Yes 20 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Define deferred tax liability? What items come under deferred tax liability?

800


How To Calculate Gross Sales for vat return -15

1823


We don't have PT, s.tax registration. Our firm is 7 years old. If we want to register, what should we do? Any body can help.

1743


we have sale material to party and freight paid by us. This freight charged in sale invoice than what is the entry of service tax in this case.

1612


Type of form use in sales Tax

1574






Ganesh & Gopal joined a firm drawing salary of Rs 25000 per month.After serving 3 yrs ,they started business of their own in partnership,contributing Rs200000(expected life 10 yrs,bought spare parts worth Rs 33000 from Kundu on credit.Office supplies were purchased for cash.Initially they were very busy in conducting their business operations but by the end of the 1st year,31/12/2005 they were disappointed when they found their bank balances.Following is the summary of their bank statement. Receipts: Share Capital Rs 250000 Collections from Customers 412000 Payments: Equipment 200000 Salaries of Assistants 88000 Rent advance for 2 yrs 96000 On-year ins. Policy on equipment 12000 Office stationery 27000 Payment to Kundu 29000 Withdrawals of Ganesh 90000 Withdrawals of Gopal 90000 Closing balance c/d 30000 ----------- Total : 6,62,000 Still amount receivable from customers for services to them amounted to Rs 30,000 & closing balance of office stationery is Rs2000,spare parts Rs2600 were utilised by the end of the year .Prepare trial balance with the available information and show total. Also what is the net profit.

1568


why charges PURCHASE @ 15 % TAX RATE ?

1741


Rules for filling Income Tax return for a MNC?

1724


whether octroi service charge levied on entry tax? and is service tax levied on octroi service charge?

2605


what will be my tax if i suddenly got 800000 to 1000000 in my bank by chq from sale of an old house?

3406


If we issue a new sale invoice after issuing a Credit Note to the coustomer, for the previously issued sale invoice on which Central Sales Tax @2% was Paid previously,whether we will be liable to pay for charging the sales tax on new invoice and pay to the sales tax department.

1869


i dont no what is tcs and tds what the use and how to calculate Tcs&Tds

1671


is there easy guide for the latest India tax & accounting information for 2010?

1712


Explain long term capital gains and how is it different from short term capital gains?

747


While I prepare Form JJ for goods transfer I made a mistake that the value of goods is morethan the actual value(i.e. instead of Rs.92100/- I filed Rs.1354000/-)and the copy of JJ sheet is sealed in the checkpost one copy is taken in the checkpost. please anybody give me the exact solution. thanks

2158