If A party has contract with B party....And A party pay an amount on instruction of B to workers of B let's 50 employee of B (net of all deduction if paid by b to their worker)....And same is recoverable from next invoice of B
1 whether A is liable to deduct TDS.if yes the
2 tds would be deducted and certificate will issue to worker or B

Dear all if anyone guide me?? while depositing tds I wrongly mentioned assessment year 2017- 18 instead of 2018-19 on tds challan for the month of April 2017,how it can be rectified? and what is the procedure? what is the effect if it is not rectified?

Dear experts, we are manufacturer and supply goods to Exide industries ltd. in same state as well as we do job work of the same party as it gives us scraps of batteries and we convert it to finished goods after processing. My query is that is there will be any liability of GST on JOB WORK DONE as the GST will be paid by EXIDE INDUSTRIES LTD. after value addition. Presently in the above situation, we are exempt to pay service tax as EXIDE INDUSTRIES LTD. will pay the excise duty on job work done material after value addition. please advise and guide me. Rakesh Sharma

Dear Experts,
My sister [Ms."D"] is having Shares from about 1990 (in physical form not demated) jointly with my brother [Mr."R"]. Wherein in all Shares name of my sister Ms."D" appears as first holder and name of my brother Mr."R" as second holder.
Now, as per our family understanding name of my brother Mr."R" as second holder is to be eliminated and it will be replaced by name of 2 other sisters. i.e. change in name of 2nd holder only while name of 1st holder going to remain same.
For this replacement of name-
(a) Is it necessary for my brother [Mr."R"] second holder to execute gift deed in favour of other 2 sisters whose names are to be added?
(b) OR what are appropriate procedure to be followed for this?
(c) After replacement of names of holders, if my sister [Ms."D"] immediately sell/dispose this Shares in market, by paying STT, then- (i) Will she be liable to pay any tax? (ii) The profit which she get will be of her own or it will be divided amongst all holders? (iii) Normally, in Shares held by more than one name, what is the importance of 2nd and 3rd holders?

Aditya Kumar Jain.

say Sgst 12% and cgst 14% on 1100000 IGST input available 273000 sgst collections 132000 and cgst collected 154000 pls compute sgst and cgst payable how to bifurcate 273000 input to sg and cgst ? any formulas ? or can i adjust first towards cgst of 1.54 and remaining input Rs 119000 towards sgat ? if it is correct finally I hv to pay sgst Rs 13000( 132000- (273000-154000 fully adjusted towards cgst)=119000))

I am filing TDS return for the first time. So i dont have earlier filed statement and token no.

From where I will get previous 15 Digit token no.

What number should i enter.

How to Calculate Cost Of Goods Sold, which formula we have to take? Plz Help me out..

Can a company secretary in practice sign project report for loan or finance from bank or only CA is authorised ?

Hi everyone,
I am a recently qualified CA. I want to purse ACCA Diploma in IFRS.
I have certain doubts. Please provide guidance for the following doubts:-
1. Can I do self study for this course or is it compulsory to take up tutions. Also is the course manageable through self study ?
2. I tried registering in ACCA website howerver, it asked for the payment details which i did not fill at that time, so will I be registered only after payment of fees.

Thanks in Advance

I have filled itr 7 along with 10b for ay 15-16 on 31/03/2017 but now i have received a mail 139(9) error code 57 that as the income exceed 2.5 lakha audit is required hence file form 10b along with necessary details

Please let me know what is the solution should i agree or disagree to the reply of defective return