Dear Experts,
1 A company is starting to purchase the goods from it supplier, which was commenced on 05-08-2023
2 Now the transactions has crossed the limit of Rs 50.00 Lakhs with that supplier.
3 Also this company's turnover is more than Rs 10.00 crore during the last FY.
4 But this company does not aware of the supplier's turnover.
5 The query:
Whether the company is liable to deduct the TDS u/s 194Q from its supplier.

My clin is supposed to file audit report on Form No: 3 CB and 3 CD.
But unfortunately form No 3CA was filed instead of 3 CB.
The filing was done at September end.
Can I recall/withdraw the 3CA report? If so,
How to rectify this mistake and file 3CB+CD.
Kindly advice

Hi Sir,

My friend is running a business and recently he has entered in a contract for interior work for his new Office set up. The interior work includes providing,supplying, installing of fixed assets and current assets, plumbing works and supply, installation, testing, commissioning of electronic systems etc.
Which TDS section will be applicable for these type of interior work?

I hv received partial share from my HUF amounting to Rs. 15 lacs. Whether it is taxable or not.
Also pl guide in which column to show in the ITR form .

ITR was wrongly filed by me for financial year 2014-15, as I was a student getting stipend in that year and that was below taxable limit in that financial year.

By mistake the ITR for FY 2015-16 was made in FY 2014-15. There was salary income for F.Y 2015-16 for which I had mistakenly filed the income tax return for F.Y 2014-15.

Also i had sent a hard copy of files/documents for rectification to the AO in Income tax office in year 2017, but no results.

Also I had filed for rectification application under section-154 but it got rejected. I sincerely request to you to please look into the matter and guide me on the same.

what come under short term provision according to scheduled III.

which type of liabilities come under long term provision according to scheduled III .

I HAVE LTCG IN NIFTY ACCELERATOR PLUS 132 MLD BY NBFC . IT IS NONLISTED NON CAPITAL PROTECTED NIFTY LINKED MLD REDEEMED ATER 3 YEARS BUT BEFORE MATURITY' WHAT IS TAXATION STATUS AS PER NEW AMMENDMENT. I READ UNLISTED NON CAPITAL PROTECTED MLD ARE NOT DEBT SECURITIES BY DEFINITION OF SEBI. SO CAN I SHOW IT AS LTCG FROM OTHER THAN UNQUOTED SHARES IN ITR 3 AND TAKE INDEXATION BENIFIT

Sir.
One of my friend doing rental building business. In his building banking and other private sector companies working.
One of banking company give rent after deduction of Tds. That banking company says that we will refund if you pay gst after reflecting in 2B and give details(date of submission )of Gst1 and gst3b.
My doubts is whether banking company has right to do in this manner. They further says that they need confirmation in respect of we make payment during 23-24 by email.
Please advise.

Sir,

In the month of Aug 23 i have uploaded mistakenly cancel b2b invoice in gstr 1.And paid tax through gstr3b also.
Now i want to delect those voucher what to do. Amendment option is available but no delect option