Please Help: which tax will charged
Posted Date : 28-Jan-2013 , 03:58:49 pm | Posted By shivam tiwari
if any person is renting computer for seminar for 3 hrs which tax will be applicable
Category : VAT | Answers : 2 | Comments : 3 | Hits : 170
Answers
Answer By: CA Satuti Mahajan
if the rental income is more than the limits, the tds will be deducted.
Answer By: Rishabh Upadhyay
Rent so received will be covered under income from other sources, or Business income if its the normal business of the assessee to lend the computers on rent
Comments
naga rakesh
28-Jan-2013 , 04:39:35 pmincometax & service tax
Arya Pal
28-Jan-2013 , 05:18:03 pmService tax by the rentor and tds by receiver...
shivam tiwari
31-Jan-2013 , 01:04:02 pmi am confused... one of my frnd say that there is notification by institute that sales tax will be charged. pls help me out