Sir
One of my colleague will going to purchase a flat. The price of the flat is around Rs .75lakhs.
My query as the amount payable is above Rs.50lakhs does he have to deduct TDS under section 194Q/194M?
OR 194Q /194M is not applicable?
Please clarify.
ABHIJIT

Sir - We have made payment for AWS Cloud Usage to Indian company. On invoice , it is written that tds is not deductible as per Notification No.21 /2012[F. No.142/10/2012-SO(TPL)] S.O. 1323(E) dated 13/06/2012.
Please advice.

if original order u/s 250 has been filed against ITAT and the same has been remand back to AO but in between the original assessment order u/s 147 has been rectified by AO u/s 154 by computing tax u/s 115BBE instead of normal rate and the same has been challenged by assessee and filed appeal against CIT(A)
So now whether two proceedings can be simultaneously move together?

Sir,
received a mail form itd for ay 2021-22 "transfer of rectificatio rights to Juridictional Assessing Officer" reason for above is "Juridctional AO requested" and mentioned "meet the ao"
sir it was delayed return 139(8A) and proceed us 143(1) by cpc with no refund no demand
please help to resolve issue asap
regards
vikas

Dear Sir

KIndly advise how to make invoices to SEZ Unit to reach export obligation under EPCG licence scheme with notification number

If Unit linked insaurance policy has been purchased in the year of 2003 and the policy has been surrendered in the year 2024 before its maturity then what would be its taxability?
And if the amount of premium exceeds Rs. 2,50,000 then exemption upto Rs. 2,50,000 shall be available under section 10(10D)?

a temple trust is claiming 11 exemption since 25 years having old 12a registration.
my doubt comes --> is 10AB required to be filed for asst. 21-22? I feel its only required to be filed now before sep 2025 for renewal of 10AC right for next 5 years?
But was it required for old years? say was 10 AB required for asst. 2122?

my view--> no 10ab IS ONLY required now, for next 5 years . Department cannot insist 10AB for old years, asst. 2122 (as trust is reqigstered u/s. 12A under old provisions since 2001). Trust already has 10AC from asst. 22-23 onwards.

We have multiple branches in india. Our H. O is in Gujrat. From Gujrat H. O. Transported Goods to other distict branches in multiple states.
But transporter raise his invoice on H. O. i. o. On Gujrat. So whole RCM input consume by Gujrat.
My question is - is it input distribution mandatory via isd in above case. If yes, what provision by Law

dear sir / madam
"1. As per rule 3(6) of the Companies (Incorporation) Rules, 2014 OPC cannot carry on NBFC related activities and no OPC can acquire/invest in securities of any body corporate and further OPC cannot issue or allot shares to anyone except its member. Please remove such objects from MOA & AOA i.e. remove Point no. 3 (ii), 7 & 8 from AOA

got those comment from ROC . please suggest me on that point.

Hello All,

Please help in providing a suitable salary structure which will ensure minimum tax liability for the employee and at the same ensuring that the company is tax compliant .
Would appreciate an early response ,
Thanks for the support
regards
Varun Monga