Dear Experts

kindly provide me reply against notice of service tax payment in account of Royalty paid on Mining.

Sir/Mam,

we have purchased 1204500/- material from party and received tax invoice and again we are planning to purchase material nearly 25+25 lakhs from same party how 194Q TDS @0.1% calculate over 72 lakhs or only 50 lakhs please clarify my doubt and kindly explain 194Q Section

Dear Experts,
Please let me know the TAN's (Tax Deduction Number) of the following companies:

(1) ITC, West Bengal, (2) Reliance Industries Ltd, Mumbai, (3) Marico Ltd, Mumbai, (4) HDFC Life Insurance Company, Mumbai, (5) TVS Mother Company, Tamil Nadu, (6) IRCTC, New Delhi, (7) Aditya Birla Sun Life AMC Ltd

Thanks and regards.

We Husband wife have joint saving a/c in a bank, wife's name as 1st holder, I'm 2nd holder.

Both our Form26-AS show same entry in Part-E SFT Details - Type of Txn (4) - SFT-005 Time Deposit, Amount 984829 Remark 'O'.

How to report it in our IT Return?

a party make an rent agreement in august 2019 for a building (semi -finished) and given advance to complete work, and agreed to adjust 50% of advance every month rent and pay 50% only. But to due to COVID not able to pay any penny. Now advance will be adjust in the form of rent till February 2021
Now query raises, what will be tax liability of my client for AY 2021-22 if advance not shown in ITR of AY 2020-21? The party has not start production in said premises nor paid.
Please show appropriate way to file ITR and deposit liability.
Regards
Vikas

My Customer doing TV repair/Service work. It is coming under Sec 44AD or 44ADA.
Which sec can I file it.

Sir,

I want to know the tax implication on a Company or LLP which was given a Car free of cost to a customer in connection with a sales promotion campaign.

My CC limits expired few months agao and I have not signed any new sanction terms or letter as bank dilly dallied on renewal, assuring that it is in process and will be done soon. I got limits from another bank at much better terms. and that bank paid my dues in CC account to take over my account. Now my old bank Axis has demanded 6% foreclosure and other penal charges for closing the account. My sanction letter has expired months back. Axis was peeved because i went to another bank. Since i no longer have a valid agreement or contract with them and CC is on demand loan which expires every year, am i liable for these coercive charges? or are there some clauses in the first original contract/agreement that all banks make us sign which we never read.

Dear Friends

I would like to share the below given issue with you.
One of our suppliers wants to collect TCS @ 0.1% u/s 206C as per TCS rule effective from 01-10-2020 but the same time we will deduct TDS @ 0.1% u/s 194-Q effective from 01-07-2021. There is no logic of TCS Collection from the supplier as section 194-Q has eliminated in such case the section 206C.

I would appreciate your comments on this issue.


With best wishes

Yours TARIQUE RIZVI

982 1630 130

Hi sir my name rohit lakare , problem is , how to exicute form 102 on stamp paper and what should I do?