CA Shraddha Vora
20 April 2016 at 10:39
In respect of TDS u/s 194 IA , kindly clarify the following:
1.When is the tax to be deducted in case where on if the agreement is made (whether or not registered) and payment is made for next many years in installment upon demand from the seller? i.e whether credit would deemed to be given to the seller and TDS to be deducted there upon ?
2.What if the buyer fails to deduct TDS and in turn non payment to the government account as well?
3.Will the benefit of proviso to Section 201 (1) and 201 (1A) can be taken as shelter by the above buyer?
4.Since Tax is never deducted and thus not paid to government department, filling TDS return will still be applicable and thus late filling fees of RS.200 per day also be applicable?
5.What if the above happens because of a genuine absence of knowledge with regards to this provision?
R.S.BANERJEE
19 April 2016 at 18:50
ABC is a proprietorship company having office in kolkata, orissa, andhra pradesh. All officers are registered in terms of CST Act in the respective State. ABC-Kolkata signed agreement to import 1000 unit of goods from Singapore, and consigned 500 units to ABC-Orissa and 500 units to ABC-Anshra Pradesh. All shipments arrived at Andhra Pradesh since in Orissa necessary unloading facility was not available. The goods which were in the name of ABC-Orissa, was transferred by road from Andhra Pradesh to Orissa. And the same trucks were sent to the respective buyers, to save the loading unloading cost.
Now the question is, whether such transfer amounts to inter-State sale and taxable u/s 3(a) of CST Act ?
Whether all the dealers will be treated as same person ?
santosh
18 April 2016 at 19:06
Can a Salary Person who has 8 lacs Salary Income and Tds deducted by Employer in A.Y.-2015-16. can submit Return A.Y-2015-16.will it not attract Rs. 5000/- penalty for non submission of IT Return within 31.03.2016? Because It is taxable file though TDS has been deducted but Return must be submitted witin 31.03.2016.Plese reply anyone
MANOJ
18 April 2016 at 11:07
Sir
WE HAVE DEPOT IN KERALA STATE FROM WHERE WE ARE SELLING OUR FINISHED GOODS.
CAN ANYONE HELP ME IN KNOWING WHETHER WE ARE LIABLE TO PAY -
1.ANY PROFESSION TAX FOR EMPLOYEE OF COMPANY WORKING IN KERALA DEPOT , WHAT IS LIMIT
2.IS COMPANY LIABLE TO PAY PROFESSION TAX FOR EMPLOYER ( I.E. PROFESSION TAX FOR COMPANY ITSELF ON YEARLY BASIS LIKE IN MAHARASHTRA ,KARNATAKA , TELANGANA ETC.)
THANKS IN ADVANCE.
santosh
17 April 2016 at 21:46
One of my client got notice from I,T. Deptt.for Non filing Return A.Y.-2014-15. He is a ECL Employee. His TDS Deducted Rs. 50000/- from ECL from Salary. The Information code is TDS-192A. Now The Time is lapse of filing Return A.Y.-2014-15. I have to answer in compliance mode of I.T. Dett. In Compliance mode what option should i select in information summary & submit? Please answar it is urgent..
Kartik aggarwal
16 April 2016 at 14:54
Sir i am having my fabric embroidery unit in kundli(sonepat haryana), we transfer the fabric after the embroidery to our delhi head office for furthur additions and final sales. We used to file zero return as these were exempted goods in haryana. But today i recieved a demand of 13.125% on total stock transferred for the year 2012-2013. We havent got any circulars about this implementation of tax. What should i do?? Secondly, Since fabric is exempted from tax we do not have have cst registration in delhi. Now some people say that u need to obtain form F since u are transferring stock, but how we can get form F since we do not have cst registration in delhi. Sir this item is exempted of tax in almost every state. Sir kindly tell my stand what should i do?? Regards
mayur.raj
16 April 2016 at 08:40
On which conditions satisfied to issue C form? When to issue ? Quartely?
Which date is consider for issue of c form ?
On what basis proof required to issue c form to party?
Addition c form when needed?
Please clarify full detail regarding c form.
Kartik aggarwal
15 April 2016 at 14:49
Sir i am having my fabric embroidery unit in kundli(sonepat haryana), we transfer the fabric after the embroidery to our delhi head office for furthur additions and final sales. We used to file zero return as these were exempted goods in haryana. But today i recieved a demand of 13.125% on total stock transferred for the year 2012-2013. We havent got any circulars about this implementation of tax. What should i do?? Secondly, Since fabric is exempted from tax we do not have have cst registration in delhi. Now some people say that u need to obtain form F since u are transferring stock, but how we can get form F since we do not have cst registration in delhi. Sir this item is exempted of tax in almost every state. Sir kindly tell my stand what should i do?? Regards
M.Kapoor
15 April 2016 at 08:02
Sir/Madam,
My other income is 4 Lakh in a year,so i go for term deposit of 1 Lakh.Can i summit 15 G form to bank for not deduct the TDS.
Thanking You.
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Service tax
Sir,
I am a security agency with individual status and provides security to corporate.
Corporate as a service receiver deposit service tax 100% under RCM basis. How I file return. If I show my turnover then in which coloum I will deduct the said value on which the service receiver has already been paid.