Monica
18 July 2021 at 19:18

Dropshipping related query

1. What all legal documents does clothing dropshipping should have to start?
2. Will there be copy rights/patent issues for the images?


RAKESH
18 July 2021 at 17:18

Tds on contractor.

Sir .we are newly individual firm and last year there is a salaried income and in the current f.y till July our turnover has crossed 11crore .will I be liable for deduction of tds on the service bill .but our previous turnover is nil and not liable for any tax audit.


Thnks


Kollipara Sundaraiah

Sir,
Sec 44ada professional income it returns filed person creditor and debtor outstanding ledger balance as on 31-03-21(year:20-21) in books.
Cash loan to debtor balance Rs:4 lacs
Cash loan from creditor balance Rs:3 lacs
1.F.y.21-22 cash loan from creditor balance amount rs:3lacs amount transferred to cash loan to debtor balance amount adjustment journal entries passed in books.
2.remaing outstanding balance amount rs:1 cash received from debtor
Question:
1.assess journal entries passed in books allowed in it act(sec 269ss and sec 269t provision applicable)
2.remaing rs:1 lacs cash receipts allowed in it act.


Anand V.

I have completed my 2 year Post Graduate Diploma in Business Administration (PGDBA) from Symbiosis Center for Distance Learning (SCDL) with an aggregate of 72% marks. Am I eligible to seek admission into CA (Intermediate) under Direct Entry Route on the basis of PGDBA from Symbiosis Center for Distance Learning (SCDL).


Kollipara Sundaraiah

sir,
what is the meaning and difference between e-commerce and oidar services.


Shreya K Bihani
18 July 2021 at 13:21

IND AS 116 land lease query

can land lease be capitalised? n if yes how its accounting is done?


LIMPA CHAKRABORTY

Received dividend from 1) HDFC MUTUAL FUND Rs.299011.14 and Tax deducted Rs.23671/- u/s 194K, and 2) HDFC MUTUAL FUND DIVIDEND Rs.149506.67 and Tax deducted Rs.11213/- u/s 194K. So, Total dividend received Rs.448517.81 and from total dividend 20% deducted = 89703/-. Rest Rs.358815/- entered in QLY breakup as 15/6=79736+15/9=117617+15/12= 41856+15/3=119606. But at the time of verification of ITR-2, errors message comes as 1a- dtaa dividend-system calculated value is not equal to value at 3(ii). Since I do not know about dtaa dividend value calculation for the above errors, you are requested to kindly help me to over come the default and be able to submit the ITR. With regards, Narad Muni Mishra


Raghav Somani

Regarding the same, I followed one query if we increase the tax liability without increasing the outward sale, what are the facts and documents that's need to be submitted to officer for grievance.


P V Paulose
17 July 2021 at 20:47

Tax on gratutiy arrear received

i was a public sector employee and retired in Jan 2018 and received gratuity of Rs 10 lacs and now received Rs 6 lacs due to wage revision . The taxable limit at the time of retirement was 10 lacs and now 20 lacs
Am i liable to tax for the addition received now


Kollipara Sundaraiah

A composite tax payer outward supplies tax rate wise not reported column 6 of gstr4 in f.y.20-21 negative liability show in gstr4.
Question:
Dealer composite return April-june-21 quarter sales turnover show in April to June-21 return only or previous year in 20-21 sales turnover both sales turnover show in cmp-08 return April-june 21 quarter is correct method.






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