Dear All,

what is interest or penalty for non filing of ITC 04 with in a due date?.

if we purchase a computer for Govt.office then what will be the TDS rate and what is the minimum amount on which TDS is not payable ?

Dear Experts,

Can we pay cash payment of Rs. 11900/- to State Government i.e. Weight & Measurement Department, Haryana?

Is the above payment allow in Rule 6DD of income tax.

Please advise

Rakesh Sharma

Dear sir/Madam.


in our partnership firm one partner purchase whirl pool fridge for his home. in tax invoice his name shown. (fridge Rs.16796.86, CGST @ 14% Rs.2351.57,SGST @ 14% Rs.2351.57, total invoice amount Rs.21,500) . amount paid for fridge through partnership bank account. how to entry made for this transaction?

Hi ALL,

commercial coaching is in nature of B2C business.
But if fees of student is paid by parents from his business( ABC Ltd) and he is asking give invoice is his business name with GSTIN so he can take input.

Can we issue such invoice.

what is the rate of gst on the service of operating internet cyber cafe and zerox copy business.

Dear Experts,
I am running foundry Hence i have taken gas connection from Gail India however Gail is charging 24% Vat in gas invoice,
Pls tell me in gst can I avail the ITC of vat 24%,
whether we need to show it in 3B if yes where whether in Non GST inward supply or under ineligible ITC,

Pls suggest.....

Thanks
Rakesh

Dear Sir/Madam,

I work in a company where they needed to deduct TDS on payment to Newspaper for advertisement, which they didn't. Since there was no TDS liability in that particular Qtr (say Q-2) they didn't furnish the return.
Now, since no TDS was deducted that time I passed an entry in Jan 18 showing TDS as a liability and TDS exp as an expense. I will pay this amount on or before 7th Feb.

My Question is.
Whether I need to file the return for that quarter (Q-2) in which TDS was required to be deducted?

in Tds we deduct and pay the tax of recepient of income
in Tcs whose tax we collect?
whether our income tax or tax of that buyer?
help me

Sir,

My Client Doing wholesale Medicine Business and his Turnover is Rs.12,00,000 only. During the Financial year,he received Gift from father Rs.33,00,000. My query is Whether he eligible for Sec 44AD? if YES means Does he Required to prepare P&L and Balance sheet? Please guide how to handle this transactions?
Thanking You