i am converting my proprietorship business (95Lakh turnover) to private limited,
1st is trading of scrap (kabad) (putta, metals etc) , do i need to charge TCS in pvt ltd.
2nd is should i need to deduct TDS and TCS everytime before i pay to someone,
3rd is i pay my parites (purchases) in cash, does making it pvt ltd will impact it?

We have a CA office in Thane and now we want to open a branch in Bangalore, Could anyone help with the terms & conditions for opening a branch of an LLP firm in another state?
1. Should we register again with Bangalore ICAI Institute?
2. Since it's an LLP Firm, is it a compulsion for 1 of the partner to be seated in that branch or can only employees be seated?
3. Do we have to apply for a leave license?

what will be the treatment of intraday profit /loss on sale of shares.
what will be effects in capital gain.

If I have bought a House and my son has taken Home Loan on which I am a co applicant. My Son is paying the EMI's. Can I claim the deduction u/s 24(b) for interest amount and u/s 80C for principal amount

Income tax return for F.Y.2021-2022 not filed within due date.
TDS on Professional (fees 194J) is to be claimed as refund but refund has not been claimed due to Income tax return not filed within due date.

In the excel utility for ITR U, ITR-4, in TDS sheet, there is an option carry forward the tds.
Can we carry forward the unclaimed TDS to F.Y.2022-2023 by filing ITR U of F.Y.2021-2022?

whether unlisted company can distribute dividend to its shareholders , and whether TDS would be deducted on dividend distribution to its shareholders.

If a Company maintains separate books of accounts of its Group Gratuity Trust then Bank account separately opened for the Gratuity Fund will be reflecting in the Company's Balance Sheet or in the Trust's Balance Sheet?

Is TDS applicable for Franchising Fees? Which section and rate is relevant for Franchising fees?

Hello,
I work for a MNC listed on nasdaq and work out of their India office. I have been receiving stocks in the form of RSU and ESPP for last eight years. I have not sold any of those stocks in these years. Since company already deducted the tax, I was under impression I will need to disclose them in ITR only when I sell them. But after reading these articles on this site, looks like I need to declare that every year. I will do that going forward but what can I do for earlier eight years?

Thanks!!

Hi,

We want to pay a Super Senior Citizen Rs. 40,000/- per month who has no any relative.

But If we pay him as salary PF and PT need to be deducted.

We don't want deduct PF/PT or TDS on this.

then how can we make payment to him without deduction.

Can I show it is as CSR expenses ?