Dear All,

Greeting for the day...!

I have a received a invoice where the description is professional charges for consultancy services as per my understanding he is providing consultancy services however the the description of invoice says professional charges therefore i have confusion that in new notification what rate of tds should i deduct 7.5% for professional charges or 1.5% for technical services as technical services includes consultancy service as per sec 9 (1)(vii) of income tax .

Hence, requesting you kindly guide me in this regard,

Thank you ,
Regards,
Pankaj jena

Sir,
1. We have employed a new person in April 19 for Rs. 9000/- p.m, his salary was paid in cash in april & May 19 and thereafter electronically , whether deduction will be available or not.
2. Total Employee as on 31-03-2019 was 150 and 31-03-2020 was 160 , so there is an increase of 10 employee, out of theses only 5 employee fulfill the criteria of 240 day and rest of 5 employees will counted as new employee for F.Y 2020-21, but what if total no of employee reduced to 155. Deduction will available or not

Thanks
Samir

I am a self employed service provider , having a GST no. in my individual name . The vehicle I use is also registered in my name . Can I claim GST paid for the purchase of tyres for my car as input tax credit , when I file my GST returns.

Dear sir,

I want to know about the interest on gst tax payment.is nil turnover 1.5 crore to 5 crore.
According to notification 31/2020 for the month of February, March,april 2020 during lockdown period.

One of our client provide translation and subtitle services to his client in india. Query is that which return form required to be file under GST act.

how to file NIL tds for salaried employee not more than 5. as there is no challan payment and nil tds liability.

One of I.t. returns non filing person source of income as small money lending business since last 6 years maintained.assess purchases of site value rs.15 lacs in f.y. 2019-2020.

Assess How many years I.t. returs filed.

WHAT IS TDS LIMIT FOR BUYER IN CASE OF JOINT OWNER.? LIMIT OF 5000000 IS PER SHARE, PER AGREEMENT OR WHAT..??

Respected Sir/Madam

We are a freelancer and providing export of services and accepting payment through Paypal.
We are duly registered under GST since our receipt exceeding rs 20 lakh.
In f.y. 2019-20, we made export of service amounting rs 1 crore. out of which paypal transffered rs 90 lakh to our bank account, and for remaining rs 10 lakh it has issued us a GST invoice charging IGST for its services.
When we applied firc to citi bank, it has issued us firc of only rs 90 lakh.
Now we have firc of rs 90 lakh and service bill of paypal rs 10 lakh including IGST.
Now we want to claim refund of that IGST charged by paypal.
Now my question is this that our export was of rs 1 crore and we have firc of rs 90 lakh only.
So will it create any problem while issuing us the refund amount.

Dear All,

We were using one laptop for almost three years and provide the depreciation in books as per our company policy. Three days back some one stolen from office.

Since we have outside security agencies hence mangement took the decision to purchase the new one and debit all the money to security agencies

Pls help me with the accounting treatment for stolen assets as well as purchase the new one and money recovered from outside agencies