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Deepak Singh

Category : TDS..,
Solved
April 28, 2016 4:55 pm
  • TDS
Dear Sir
If the total rent payment for the FY-2015-16 is Rs. 2,40,000/-, then would the TDS be Rs. 24,000/- (10% of Rs. 2,40,000/-) or would it be Rs. 6,000/- (10% of Rs. 2,40,000/- minus Rs. 1,80,000/-)

Warm Regards
Deepak singh
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Amlan Dutta
TDS has to be on rent value only , so it shall be on 2,40,000 ...Since rent , so at the rate of 10 % of 2,40,000 i.e 24000 Rs ...but tell me one thing where did you get this 1,80,000 and other stuff from ????

Forget it , don't even bother , just know that in case of rent , TDS is 10 % of 2,40,000...
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  • April 28, 2016
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Sonam Saini

Category : TDS..,
Solved
April 28, 2016 3:18 pm
  • TDS
Hello..
want to know is it necessary to deduct TDS on payment to foreign company.. if it is so then what would be the rate for TDS deduction on foreign remittance. also clarify the TDS section 195..

Many thanks in advance!
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Amlan Dutta
In such question please first specify the remittance type ...without knowing what type fo foreign remittance you speak of , it is very hard to answer such questions

The deductor in case of foreign remittances has to upload form 15 CA online and before that get attested form 15 CB

Basically , the inc...
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  • April 28, 2016
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Sonam Saini
Nature of remmitance is payment against ground handling service taken at an airport in UK.from a UK comapny
  • April 28, 2016
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deepak

Category : Income t..,
Solved
April 28, 2016 3:10 pm
  • Income tax
Amlan Jee
If I have rec'd or have refund s from my lic money-back policy in fy2016 2017 and has been added in my capital account this is tax-free I suppose pls guide me how will I get relief and show in itr4s or itr4
Thanks
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Amlan Dutta
Yes , it is totally exempt under section 10 of the act. You must declare it in exempt reporting section of the return however so that your assessing officer knows why the subject income ( from LIC money back policy ) has not been offered for tax )
  • April 28, 2016
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Bikram Das

Category : Income t..,
Solved
April 27, 2016 7:18 pm
  • Income tax
regarding the previous question, I have already e-paid tax because I received a notice from the department. So, can you pleas suggest something
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Amlan Dutta
Just meet the assessing officer and hand him the challan receipt....return ,like , i have already stated cannot be filed now
If return was already filed , then anyways paying of demand tax doesn't require filing of return ....it simply merits that the challan receipt be handed to the assessing offic...
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  • April 27, 2016
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Bikram Das
thanks amlan.....
  • April 27, 2016
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