Ours is a government school. we giving rent as per accrual bases( i.e.3 months once). but we are filling tds returns for rent as per cash bases. But owner asking us tds should be reflected as per accrual bases. how to submit tds returns as per accual bases. Kindly suggest us

During F Y 20-21 one partner retired and one was admitted as on 30.06.20
Provisional accounts need to be prepared as on 31.03.21
My question is in provisional accounts as on 31.03.21 how will the treatment of share of profit to old, newly admitted and retired partner be shown ?

An existing proprietor company is getting converted to partnership firm. The name of the firm is to be maintained the same. will new gst number for partnership firm be given for the same firm name and the same address. The proprietor company gst will be surrendered later after 2-3 months overlap.

Please tell me, If I make books of business of proprietor and Personal separately,

Treatment of business balance sheet (net transactions) in personal balance sheet of proprietor so that balance sheet total matched.

I have purchased add.account fast track course by sumit Sarda..but I don't get study material which has been used in videos.I get a copy of ICAI MODULES in link ...so please inform me that where I can get study material copy of Sumit Srada sir...

If Father purchase Property and he is the owner of property and Daughter is only Co-applicant for Home loan then what would be tax treatment in hands of daughter when property gets sold in future . is daughter gets tax benefit for repayment of loan and interest component .

Or Father can get benefit u/s sec 54 (Old property sold )for in case Property is in name of Daughter.

Case : If Mr.x has 5 house property. out of which 4 are let out and 1 is self occupied. he gets rent for 4 house property.

Query : Now can he claim 2 house property as self occupied on notional basis for AY 2021-22?

Sir,
It assess source of income below taxable limit(rs:2,50,000/)in f.y.20-21.if assess cash gift from parent rs:3 lacs through on cash mode received.
Question:
Assess sec 271DA penalty provision applicable in it act.

SIR TCS IS PART OF C FROM ?
IF Y THEN HOW TO FILE VAT RETURN
AND THE VALUE OF C FORM WHICH CLOUM ADD ?

Sir,
Sec 44ad it returns filed jewellery business and pawn brokeing business person money (loan)paid to customer rs:1 lacs through on cash mode.
Question:
1.money pay to customer rs:1 lacs cash mode allowed and cash transactions limit in it act.