Please suggest:-
A person is rendering export of services in relation to software programming opted 44ADA and registered under GST also. Now, the person has been assigned a project to code for MAC (apple operating system) for which Apple laptop is purchased.
Query:- How to treat such purchase as the amount is to collected from the recipient of services. Whether such purchase of laptop will be professional income and can such asset be treated as Fixed Assets at the same time.
How to raise invoice in GST as to whether the amount of laptop be included along with regular monthly invoice of services rendered or no invoice shall be raised for laptop.

Respected Team,

Please let me confirm TDS deduction on telephone services is applicable or not. Our monthly bill Rs. 9,428/- (Rent 7,990+ GST @18% 1,438/-) Annual value approximate Rs. 1,13,136/-.

Dear All

Please let me know if Section 80CCF & 80CCG is still applicable FY 21-22.

An Individual can avail benefits of both sub section 2(a) and 2(b) of section 80D simultaneously. In other words total deduction of Rs. 50,000/- can be availed under above both sub section

My rental Income is Rs600000. Will standard deduction of 30% will be allowed under new Tax regime. How will be rental Income calculated under new Tax regime.?

Dear Sir/Ma'm
I have filled Form 24Q Q4 for the FY 20-21 it got rejected immediately with the error description Invalid Chapter VI-A section ID (line no 207) so I checked text file line no 207 it was about sec 80CCG and the team member whos details were showing in text file fall under new regime so there were no investment declare by her. I did not understand what it actually means I called our TDS software support team then tin helpdesk but no use
I call efiling helpdesk they said to sent an email, I did that but no respond I received.
I need your help to understand this and what action I should take
Looking forwards to hear from you

Thank you in advance

Dear Sir,

I have a Pvt Ltd company which has a profit of roughly around 1 lac during the year. There is tds deduction of around Rs. 3 lacs which I want to take it out from the company.

How can I take this money out from the company. If I pay Salary to directors it will lead to loss of Rs. 2 lacs to the company. Is there any other way to take this money out from company.

Regards,
Divyesh Jain

For time deposit for one year period, interest payable on maturity, runnig across two financial years.
Then, as at March of first financial year, interest is not paid to depositor; there is no passbook for time deposit indicating accrued interest amount.
Qn 1. Then, how the depositor expected to assess his interest income for first year to pay advance tax.
Qn 2.is it ok if the depositor declares the interest income on actual receipt in 2nd year on maturity and pays tax only in 2 nd year

If purchase deed of December 2020 is registered in April 2021 and no consideration is paid before April 2021 then TDS liability will arise in December 2021 or will it arise in April 2021 as transaction will be actually enforceable after registration. What will be treated as date of transaction for TDS and filing 26QB, December 2020 or date of registration

Dear Experts,

Is TCS on sale of Good u/s 206c 1(h) has been abolished from 1st April-2021.

Please let me know.

Thanks & Regards,
Paramesh