If a person got gold by wining a lottery and TDS on the gold
value was not deducted by the deductor. After getting the
gold, the person tranfer the gold to his daughter. After
reading the provisions of the Income Tax Act, 1961, you are
required to state that who is liable to pay the tax on the
value of the gold? and is there any liability of the
Deductor towards non-deduction of TDS?
Answer Posted / seswarca
ur liable for penalty for equal amt for non deduction of tds
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
hi how can we know and how to caulata pf. caucaltion of diffrent copany how much rate of pf deducted by company which is the best site to know our pf information
meaning of accessory for central excise purpose
Our company is engaged in a business of Real state developer in andhra pradesh. we want to purchase some material from other states. we have central sales tax registration. whether we are eligible for issuing a form 'c' to the supplier being a deeloper.
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.
how & on which amt tax should be calculate on pvt ltd company or ltd company
if salary paid per month Rs 80000/ I will deduct TDS from his salary, please what I do explain.(send Urgently)
what is the Difference between Compound Sales and Deemed Sales?
sub hadding no. scrap & Wastage in corrugated box
WE purchase Firewell for our office Rs.26500/- the vendor charge 5% vat on 26500=1325 and S.Tax 14.5% on 26500/- =3843 is it is possible please clarify
'A' is running a manufacturing set up. 'B' sends raw material (after paying CST) to 'A' for manufacutre of his specified product and 'A' keeps 'B's stock in his godown. Can 'A' buy this material from 'B' by raising a CREDIT MEMO and in the books regularises by passing Journal Entry Dr.Raw material inventory and Cr. 'B's Account.
can we purchase software agaist Form under In the telecommunications network; or
which form is used for issuance of C Form ,F form etc. from Sale tax Authority (Haryana), when should be apply? what documents to be submitted?
what is cost taxation
What is cenvat credit?
should pranav mukherjee has done things good, by giving burden to vodafone a huge tax liabilty.....it will not affect our fdi???