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Mahabir Prasad Agarwal
This Query has 5 replies

This Query has 5 replies

04 December 2019 at 11:47

TDS on freight charges for AY 2020-21

TDS is to be deducted u/s. 194C on freight charges paid if single payment exceeds Rs.30000/- and yearly payment exceeds Rs. 1.00 lac. If I paid freight Rs.10000+10000+10000 during April to June,19 and during July I paid Rs. 80000/-. Now during July,19, whether I have to deduct TDS on 30000/- or on 110000/- ?


Vijay Kumar
This Query has 1 replies

This Query has 1 replies

30 November 2019 at 20:29

Is capital gain tax applicable

Dear sir
My mother entered into a land development agreement with a builder on 45-55 ratio .my mother did not sold any part of her share till now after possession.now I want to know whether it attracts for long term capital gain tax ?


GANESAN C
This Query has 3 replies

This Query has 3 replies

Dear Experts,I am doing GST registered business. While registration to Choose Return Type REGULAR later date... I have changed to COMPOSITION type with quarterly return... after one year I have changed REGULAR.... In this all I had filed return regularly.... But now I have received notice from CBDT return default u/s.46. during the period of COMPOSITION with quarterly return... kindly Advise ... What I have to do on this.


Abhijeet Vairagkar
This Query has 1 replies

This Query has 1 replies

28 November 2019 at 01:00

Tds

I added regular customer AC of money transfer to my netbanking. He will daily transfer of rs above 40000. Due to aadd beneficiary I didn't pay any charge. So Can daily transfer of funds leads to deduct TDS


Jain Paul
This Query has 1 replies

This Query has 1 replies

23 November 2019 at 08:00

KFC

Do we have to show Kerala Flood Cess collected in GSTR 3B and GSTR 1?


SREERAG E R
This Query has 1 replies

This Query has 1 replies

16 November 2019 at 14:44

PPF and NSC

helo,
I am likely to join my PPF & ESIC, so my query is that when i am joining these both security schemes i am a resident of india, but later within the maturity period if i become a NRI, can i deposit the monthly amount and withdraw after the maturity period being a NRI after joining.


Vijay Mohan
This Query has 1 replies

This Query has 1 replies

16 November 2019 at 08:05

GsT

Is it mandatory to file Gstr9 even though turnover Rs. Below 2 crores


santhosh
This Query has 1 replies

This Query has 1 replies

I filed revised returns for 2017-18_Q4, before filing revised returns in original TDS returns challan amount excess, at the time filing some of the deductee does not have valid PAN, at the time of revised returns I adjusted excess amount to remaining deductees who does not have pan at the time original returns, after filing the revised returns, the returns rejected and reason is as follows:-Validate for total amount of tax deposited,

Note:- Above returns both original and revised returns filed in income tax efiling website. Give me valid suggestion for acceptance of revised returns.


Prakash
This Query has 2 replies

This Query has 2 replies

13 November 2019 at 01:37

TDs on sale of property

I hv booked a under construction flat costing Rs.6300000 for that I hv paid 10percent of booking amount in the month of aug 19,for this stamp duty and registration will be done subsequently, after this,builder is asking me to deduct TDS of 1 % on total flat cost in lumpsum rs.63000 .my enquiry is whether I can pay lumpsum TDS of 1% percent in advance or say at the beginning as my disbursement is in installment . I have paid Rs.630000 as a booking amount before finalizing the deal before sanctioning of loan from bank.Whether TDS is applicable on this booking amount before registration of flat as this is just as a booking amount .pls guide.
Regards


Mahabir Prasad Agarwal
This Query has 2 replies

This Query has 2 replies

A land was owned by my wife. On her death, the same was transferred in my name. Now If I sale the said land, what will be the impact of LTC Gain.?