Sunday, December 16, 2018
Interest paid to Co-operative credit societies (commonly known as ‘Patsanstha’) by borrowers – whether liable to TDS u/s 194A?

Interest paid to Co-operative credit societies (commonly known as ‘Patsanstha’) by borrowers – whether...

In the above case, the only possible exception to the general applicability of TDS on interest is provided in Section 194A(3)(iii)(a) to the effect...
Trust offering income lower than 8%, whether 2 audit required?

Trust offering income lower than 8%, whether 2 audit required?

Query) I had a query, one of my clients registered charitable trust U/S 12A is running a book store. Gross receipt from the store is...
Provisions of TDS on interest u/s 194A(1)

TDS on interest paid by banks on deposits of Co-op. Milk Federations, Educational Institutions,...

TDS on interest paid by banks on deposits of Co-op. Milk Federations, Educational Institutions, Charitable Trusts, trade unions, scientific research association, Local Authorities etc.  Provisions...
House Rent Allowance

Query on the House Rent Allowance (HRA) exemption?

Query – I am paying a house rent for Rs 14,000/- per month and additional Rs. 1,200/- towards maintenance for which receipt is being...
Chargeability of capital Gain tax

Chargeability of capital Gain tax in case converted asset [capital asset converted to stock...

Chargeability of capital Gain tax in case converted asset is sold/transferred in parts in different years: In case converted asset is sold/transferred in parts...