Can Short term capital gain on debt oriented fund on which STT is not paid set off against short term capital loss on shares /equity oriented fund on which STT is paid ?

Hi. The client we are auditing has entered a bill received on 26.07.2019 on 22.10.2019. This was a foreign transaction. TDS has been deducted as per Section 195 on the amount in Rs as per FOREX on 22.10.2019. Due to the delay in deduction TDS interest charge of 1% was also made. However my question is since the invoice was supposed to be accounted in July and on that amount TDS was to be deducted shouldnt the TDS accounted in October be the TDS on the amount as per the FOREX in July? Also isnt the expense accounted supposed to be with the rate in July?

I am confused hopefully anyone can help?

I have Registered under GST and Rented a Scorpio car to another Registered company. What percentage of GST do I have to take?

please provide the format of board meeting for alteration in objective clause.

Dear expert,
Tell me tally software purchased is expense or fixed asset?
If asset then depreciation allowed as per IT act?

I have received invoice and credit note from vendor towards professional fees in the month. So TDS deducted on net amount after deducting credit note amount or TDS deducted on gross amt of invoices?

We are a real estate dealer firm dealing in sale purchase of properties.As we purchase under construction properties as stock in trade and sell them on profit.Do we need to charge GST on its profit or total sale value if we resale the properties before issue of their completion certificate.if not whether we have to show them as non taxable supplies in GSTR-1.

if I settle a particular amojnt on 30% then what to do of remaining amount if I show as discount tgen it will be income and will have to pay tax then what to do in that condition then it does not effect profit and loss accoint

Does the limit of 30000/- apply PAN number wise or depends on Nature of professional service.? A person provides to same client 2 different / distinct professional services --Each invoiced separately and value of each less than 30000/- but more than 30000/- in total. Is he required to deduct TDS?
In case TDS is required to be deducted, it can be now deducted while making payment for 2nd invoice on total amount of 2 invoices. No TDS was deducted on first invoice as the amount was less than 30000/- In that case how is it to be shown in TDS Return -- only 2nd invoice be shown with amount of TDS deducted on both the invoices, or first invoice is also to be mentioned in TDS return? Will 2 invoices have separate entries in TDS return?

One individual Taxi service provider who registered in GST and charge 5% example 100+5% = 105 in bill to body corporate.

Body corporate pay only taxable amount Rs 100 & pay tax under RCM ? or pay to Rs 105 to individual Taxi service provider ?