IF TDS RETURN OF F.Y.2010-11 IS TO BE REVISED NOW THEN THERE WOULD ANY CHANCE OF IMPOSING PANELTY ON FOR LATE FILING?

What would be the implication of GST when one purchases material from the foreign country and sales it there through a website? Goods are not brought in India. Purchases are made from a foreign country and sold in the foreign countries.

Sir,

I want to know whether a person can hold the position of managing director in more than one company at the same time. If any person currently holding such position, whether it will attract any penal provision?

Role change of one director is not happening under V3 login of MCA portal. It displays error report as 'Service Error' after entering one time password received in mobile. Since this is not getting updated, while uploading INC 9 form for company incorporation which needs to be digitally signed by all directors, it shows DSC of the specified director is not registered. Thus we are unable to upload the form. We had registered grievance with MCA. But there was no accurate response on this. Can anyone please suggest any remedy.

Hi,

We are a Sector Skill Council of India and our business is to give training to the candidates under electronics job roles. We don't do it ourselves. There are Assessment Agencies and Training Partners who are affiliated with us and do this work on our behalf.

For a particular training, we receive our payments from the respective govt. dept. and after that we have to pay to our Assessment Agencies after deducting our share. Some of the Assessment Agencies are registered under MSME act.

My concern is can we hold the payment of these MSME until we get the payment for that training because our policy is that we've to release the payment only after getting our payments from the govt. but sometimes we don't get payment on time.

So in that case can we delay payment of MSMEs until we get our payment or we've to pay interest on delayed payment to MSMEs. Please suggest what is the solution in this case?

Regards

How are we supposed to pay the TDS on behalf of landlord this year? All the info on every website has out-dated links on the TIN INFO site, and that doesn't apply anymore. Please guide us. e-pay Tax option does not show rent TDS at all. There is no 26QC link on this page: https://www.protean-tinpan.com/faqs/tds-on-rent-of-property/TDS-Introduction.html, only e-pay.

A religious trust is registered u/s 12A of the Income Tax Act. My queries are as follows:

1. Can it receive donation from a single person in a day in cash of Rs.2 lacs or more, whether provisions of s. 269ST of the Income Tax Act, 1961

2. If a person makes a commitment to the trust that he shall donate a sum of Rs.10 lacs for construction of a shed in the premises of the temple managed by the religious trust and then against the commitment pays the donation to the trust in 10 instalments of Rs.1 lac each over the period of 10 months. Whether the same shall fall within the purview of s. 269ST of the Income Tax Act, 1961 ?

3. Will the answer to the above queries be different if the donation is received towards corpus fund of the trust?

4. Will the answer to the above queries be different if the donation is received by a trust which is a Religious cum Charitable Trust?

5. If the trust, which is a Religious cum Charitable Trust, will be liable to tax u/s 115BBC treating the donation received in Cash without disclosing identity of the donor as anonymous donation?

I am CA students, as per Articleship I completed my 2 years and 7 Months, 20 days without taking any examination leave. as per ICAI 156 days leaves allowed i.e 6 months, I want to join pvt ltd company. Can i join pvt ltd company, with my examination leaves. or can I terminate my articeship please guide me. It's Articleship is completed or not. what i do.

Dear Sir,
One simple yet logical query. How to calculate / claim standard deduction for the following :
(1) Gross Taxable Salary Rs.75000/-
(2) 80-C Deduction Rs.25000/-
(3) Prof. Tax Rs.600/-
so net taxable salary Rs.75000-25000-600 = Rs.49400/-
In this case my question is whether standard deduction for FY 2022-23 to be claimed as Rs.50000/- or Rs.49400/- (net taxable income) because if we claim Rs.50000/- then taxable income comes in negative (-)600. So please guide.
Thanks in Advance.

I had worked in a PVT company for nearly 14 years in chennai. I resigned in 2019 and withdrew entire PF amount. Approximately around 1.2 lacs is available in EPFO pension account. By any chance can i withdraw some part amount or full amount now from that pension fund.

Pls advice