I have paid my vendor Rs. 92 Lakhs from Apl to Jul-21 out of which 55 Lakhs paid against last year outstanding and the balance against the purchases made in current year.

Total purchases made from him in current year is Rs. 37 Lakhs

Is TDS u/s 194q applicable ? if applicable at which amount and also share rules or guidelines

Regards
Vipul Acharya

Dear Sir
Kindly advice me to deduct TDS or not On Bill of ABC TRAVELS PVT. LTD. Bill Description is hotal booking at H.P. with room and meal plan.
We are a pvt. ltd. company and hotel booked for its Directors

Please advise tds will be deduct or not if yes under section ?
Thanks & regards

After 5 years blocked period (16/03/2016 to 15/03/2021) received Rs. 1976100/- from the RBI. Is the amounts received exempted income for reporting purpose in ITR? If not, what type of income is? How to show the amounts in balance sheet in ITR? Is it current (deposit) assets in balance sheet of ITR? Kindly send your valuable reply. Regards, Limpa Chakraborty

As per 23rd GST Council decision GST on E waste is 5% with HSN as 84 or 85. We need to mention 4 digit HSN on invoice. What would be the HSN for disposal of electronic waste such as Computers, Laptops, Printers, Scanners, Telephone which is sold in lumpsum.

Please help. Its urgent!!

We have paid Stamp Duty charges to Govt. Authority relating to transfer of Moveable Assets due to demerger. Whether such amount is need to be capitalized or to be expensed out?

In case of GTA 100% RCM is applicable on registered receiver assessee, what if a GTA service provider include loading and unloading charges in the bill, whether receiver has to pay GST under RCM on total amount i.e; freight plus loading and unloading charges or only on freight charges.

Thanks in advance

Sir,
Business it Assess gift of trade stock (business stocks)to son allowed.if allowed what value at cost or fmv value.

Fixed deposits are in my name and second name is of my wife. Tax paid by me on Interest income. My wife is not liable for tax payment however such deposits are reported under SFT in 26AS of both of us. Any action required to be taken by my wife.

I became ICAI member in April 2019 but I have not taken any CPE program credit in that year. In this case, whether any exemption is available for CPE hours or not for the first year of membership?

I am pensioner from UIICLtd. In FY19/20 I was paid pension for 13 months due to corona disturbances and I paid I tax on 13 months pension as per advise of tax consultant. In FY 20/21 payment of pension is for 11 months. When I T return filing for FY 20/21 is attempted providing 11 months' pension as received in FY 20/21 it is not accepted by e tax filing portal with message that pension is less than form 16 shown on 26AS..Form 16 for F.Y. 19/20&20/21 both are issued for 12 months on accrual base by pension paying authority viz. LIC, whereas I am paying tax on receipts base as income is taxable on accrued or paid base whichever is earlier. I don't want to pay tax twice on pension for March 20 accrued on 01/04/20 but paid on31/03/20. I may kindly be advised/guided. Thanks with regards. Ramesh