Easy Office
Easy Office


G. Parameshwar Rao
14 April 2021 at 13:12

TCS on sale of Goods u/s 206c 1(h)

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

Answer now

TARIQUE RIZVI
13 April 2021 at 17:45

=+R2*$M$13/100*S2/366

Respected Sir,
Please guide me and oblige.

=+R2*$M$13/100*S2/366

Whether the above formula is applicable while working depreciation in days ?
R : Stands for what
M: Stands for what
S: Stands for what


Answer now

Pranil Sarode
13 April 2021 at 17:01

Tax Exemption tricks

Hi,
I want to know how to get tax exemption in salary if we create a FD. It has lockin for 5 years and will I get tax exemption if I break it before 5 years. Also please suggest some ways to save tax.
Thanks in advance

Answer now

vijayakumar
12 April 2021 at 16:35

LTCG - whether applicable

Sir-s

I purchased a flat in 2000. sold it in 2016 . With the LTGC I bought another flat.

Now I want to sell this in (2001), I do not want to buy any flat. How will the proceeds will be accounted?
Thanking you sir.

vijayakumar

Answer now

CA jignesh daiya
10 April 2021 at 11:01

Tds as per Sec.194o

Dear Sir
We are In The business of Mobile application for Facilitating Store sales of goods or services .Retailer are Providing Deals On Our application as exclusive deals At Our application .

Customer who want To Buy That Deals Has To Use Add To Bag Feature Available in our application .And Need To Visit Retailer Store For Availing The Offer.

We As a application Are Not aware Of Value Of Goods or Service Sold By Retailer .
Whether We Are Liable To Discharge Tds Liability Under Sec.194o ?
How To Discharge That Tds Liability When We Are Not Aware Of Sales Value ?

Answer now

nishant
08 April 2021 at 11:23

TCS UNDER SECTION 206C(1H)

The criteria for the limit of ceiling for TCS of rs 50 lakh on sale consideration received,
we have to check for fy 21-22 also
or TCS should continue to collect from 1st day of April for the parties whose tcs was collected in fy 20-21.


Plz guide.

Answer now

sanjay kumar
06 April 2021 at 11:10

Regarding tds return rejection

Sir, I had filed my corrected return after adding challan online but status of statement is showing rejected. Now my question is what step I should take.

Answer now

Sachin Panwar
05 April 2021 at 17:18

TDS deduction on transporter

We use to deduct TDS on payment made to a transporter which is a company. Transporter co. has various branches in india, one of our employee paid bilty amount without deducting TDS on it. Now the query is that the bilty is on the name of company and full amount without deduction of TDS has been paid by the employee related to november 20 month. Now he is claiming reimbursement of expenses he made.
please suggest TDS liability to us as we are also a limited company.

Answer now

sanjay
03 April 2021 at 22:49

Revised return

Sir
I want to know whether I can file revised return after 31.3.21 for AY 20-21. There is change in other sources income... My client received a enquiry under Ecompaign . He tried to file on 31.3.21 but site crashed.
Pl guide
Regards

Answer now

abhay kumar
02 April 2021 at 15:38

ITR filing for various incomes

Which ITR form is to be used for reporting following incomes: Pension, Capital Gains, Bank interest, Dividends, Rental from 2 houses, Shares trading (F&O) as Business income

Answer now