I have hire a mechanic for some welding and construction work in shop for till the work end and I am daily paying him an amount as per day he charges and also made expense for their transportation and food.
Can you explain it is direct or indirect expense an how to make its entry because he is hired for temporary period for shop renovation.
Can I claim ITC if my GST No. Was cancelled and due return for 2019-20 filled after September 2020.
Pls give reference of any court case
One of my client missed the dadeline for deposit of TDS of July 23 I.E. 7th Aug 23. He deposit the total TDS amount in 8th Aug 23.by different challan in different section .Now he want to deposit the TDS interest amount in Sep 23. Is he able to deposit the hole amount of Interest in a single challan by mentioning most big amount of TDS section of Aug 23 or need to create sepetate challans interest column in sepetate section wise?
Kindly share sample project report for loan application
Dear Sir,
As for as Income Tax Act is concerned, what are all the Assessment sections? kindly enlighten me.
shares received on demerger by an individual , How to make journal entry in my Books Aarti Industries Ltd Right now having 9 Shares
Record date 20-10-2022 , shareholders will get one share of Aarti Pharma labs for every four shares they hold in Aarti Industries.
Can i Pass Journal entry on receipt shares on demerger
Purchase of shares Dr. .01
(Aarti Pharma Labs 2 shares)
To Capital A/c Cr .01
Sir,
Can husband (also nominee) of deceased wife inheriting assets including securities bank accounts of deceased wife, forms HUF with daughter having seperate PAN open a new account in HUF name and transfer all inherited money securities in HUF name. Can he show income (including interest etc) from such assets/ securities under newly formed HUF (PAN).
Hello sir,
I have a question for you,
one of my client have individual proprietorship firm, which turnover was 1.25 cr in f.y. 2022-23 & i have filed income tax return in 44a/d,now can i deduct on tds liability ?
WHETHER GST IS APPLICABLE OR NOT ON CONSULTENCY advice for the Securities Market
Dear Sir,
We was made and Paid the TDS on Professional Fees in Last year on provisional basis.
We received the bills at lower amount as compare to provision. hence TDS was paid on excess Provision.
Can we adjust this TDS against current year Expenses.
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
Payment for some Mechanical work