Please suggest whether the private limited company need to deduct the TDS on Invoice of Meal Charges bought from XYZ Food Court.

If yes then under which TDS Section?

Thanx

We are a gold manufacturer and dealer in gold and diamonds having a turnover of more than 5 Crores in a year. Usually, we send gold and diamonds to job workers (both registered and unregistered) to polish, repair diamonds, refine and make new gold ornaments and for Hallmarking. We are booking the melting, refining and new gold ornaments making charges and hallmarking charges in PandL.

For the above cases, we are dealing only with suppliers / job workers within the state.

Is it compulsory for us to submit ITC 04 half-yearly?

The party 'X' made sale agreement with land owner, later government acquired land and issued the TDR to owner and such TDR sold to a builder in return builder paid certain amount Land owner and 'X' as the confirming party on the instruction of land owner by deducting TDS under section 194IA for both.

1. How and under what head such income should be treated by Mr. X since he is not the absolute owner of either land or TDR.
2. Since it is purchase cost for the builder he deducted TDS, hence it is considered as capital gain as per the form 26AS, and ITR3 form is selecting for filing. If so, since Mr. X is not the owner of either land or TDR and he has not transferred anything How the capital gain will apply?
3. if it is a business income and comes under 44AD and ITR4 is the applicable form and since there is a TDS us 194IA it is asking for me to declare capital gain.

Please guide us and provide suitable explanation & reference of sections of case laws if any.

reverse ineligible ITC in which column of 3B should I show last year's claimed ineligible ITC in this F.Y. year

My purchase on date 10 March 2023 and received goods in March 23 but late filing of gstr1 by supplier input not shown in March 23 2b, we book ITC in 22-23 at our book but claim the same input in April 23 as per April 2b. Now the same input claim where to show in 23-24 gstr9 . This year table 8a auto populated as per 2b

Sir,
It individual assessess (Name Mr.A) purchase of residential plot value rs:15 lacs f.y.19-20 and cost of improvement expenses rs:20 lacs f.y.19-20 (payment furniture and paints etc purpose) payment made assessess brother (Mr.B)
If assessess plot sold value rs:50 lacs f.y.24-25
Question:
Assessess cost of improvement expenses paid made by bother calculation procedure for capital gain purpose.

Respected Experts,

Our CA has not yet filed ITR3 for FY23-24. Will our firm face any discrepancies due to this. Our assessed income 2 crore.We gave data to our CA on Sep24 but he waited till 15.11.24. But has not yet filed. He says there won't be any issue. I respect his advice I however personally want to know suggestions from you. Thank you.

Hello, I have been running sole propreitorship for past 2 years at the same time i am preparing for my ca intermediate exams so, my doubt is Am i eligible to do my articleship once after clearing ca inter exams?

My client has taken GST registration and not done a single transaction (not opened any bank account too) and applied for Cancellation of Registration Department is asking for books of accounts the books are not maintained as not even a single supply was made kindly guide

Dear Sir/Madam,

We have a service contract with Govt regarding social audits for different states (Block level-under MNREGA). Currently are paying salaries for 250 auditors, while we are facing EPF compliances due to non-KYC. CTC is 10-15k pm based on the no of audits. Can we deduct their TDS under section 194J instead of EPF? All employees are on a contractual/daily wage basis. Please advise. Have any circular or notification regarding the same?