tds is deducted by bankers on cash withdrawal u/s 194N
My question is whether this TDS is to be shown in Schedule TDS 1 of ITR 5 and what will be amount to be shown under Gross Amount under corresponding receipt offered of ITR 5

Sir
GSTR 3B not available in the portal for the month of January-2021 is it withdrawn or modified ?
Also IFF not showing B2C invoices option how to furnished the cash sales ?

please explain

Dear Sir,

We are an proprietary concern and we are providing security personnel services to clients like Schools, Co-op Hsg Societies, Trust and Other Unregistered Persons.

My query is while issuing invoice to them shall we charge GST on forward Charge Basis or Issue them invoice on exempt basis to (Schools, Co-op Hsg Societies, Trust and Other Unregistered Persons.)

Kindly Advise
Thanks & Regards

Yash Chitroda

HI,
I am final year student of MBA Finance (Regular) & want to do training for 6 months (as mandatory) ,
How can i get an opportunity to work as MBA Trainee in big 4 or another good company.

Response towards this is highly appreciable .

We are Partnership engaged in service industry
For F Y 19-20 Net profit after remuneration paid to partners is Rs.10,76,119/-
Remuneration paid to partners is Rs.41,10,000/-
Income from other sources included in Rs.10,76,119/- is of Rs.8,19,344/-
My question is what will be amount deductible towards partners remuneration u/s 40(b) ?

In a company, incurred expenses like professional fee & commission to unregistered parties. Will these attract RCM ??? If not, please give an explanation

thank you

SIR
We are the GTA Private Limited company.

(1) During the year 2019-20, We did not pay any advance tax. At the time of finalization of accounts, Can we show the provision for Income tax in Profit and Loss account and under current liability?

(2) Provision for income tax can be shown in current year Balance sheet for next year?

Plz advise me
thanks in adv

My father is owning a house in town but due to my studies we are residing in rental house in city . we are paying housing Loan amount of 22500 per mouth for the own house in town and letting out that for a rent of 5500 pm . here in city we are paying 6500 pm for rental house . suggest me the best way to account this to avoid excess tax .

We are planning to launch our placement services in Maharashtra. For enrollment of job seekers, we are intended to collect some registration charges from them in lumpsum. I want to know whether such charges are taxable under GST? if yes what will be % it is levied.

Hi Friends

I have a query. My Client filed GSTR 3B for Nov'20 having sale Rs.100000 gross with Rs.9000 in cgst and sgst each.

But later it was discovered that the sale was actually of IGST.

Now, With DRC-03, will he have to pay full igst of Rs.18000 with Interest

Or

He can adjust CGST of Rs.9000 with IGST and pay Rs.9000 balance as IGST (under the scheme of setting off/netting of itc) ( also we will add 3 months Intetest). If yes, then how ??

Secondly, will the party get full credit of ITC in their GSTR 2A if We use the scheme of netting.