I am a Real Estate Agent and I am rendering services to a developer or to a client. The question now comes is when wil I have to deposit GST to the government. Only after receiving from the developer or client or when I am raising an invoice. If in case the developer or client does not make me a payment then why should I pay in advance the gst

we have product in warranty period and our some product is not working properly and some product is damage that's why we have to replace our product
Please help what can we do for this process

We are in receipt of (Service receiver) of internet from Jio and BSNL company. We receive invoice quarterly. How much TDS we need to deuct on these bill? and under which section ?

sir,
A persons source of professional income detailes mentioned below
1. own practice professional income rs:10 lacs
2. sec 194j fees for professional income rs:5 lacs.
Query:
Assess sec 44 ada scheme it return filed eligible in it act.

Will the gains or loss arising from short term equity shares shall be taxed under the head Capital gain or business income if one is involved in trading in derivative segment and the transaction in short term equity is frequent ??

Hello Sir/Madam,

Requesting clarification on BGL accounts -for what purpose is it used?
what are the types of entry under this account?
what is the prominence of BGL a/c's in bank audits?
Thanks in advance

Our customer has sent an invoice of Rs. 1,04,534/- which contains a TCS element of Rs. 104/- (0.1%).

The customer is not willing to send either ITRs / Declarations for compliances u/s. 206AB.

Under the circumstances, what shall we do ?

Since there is a TCS element, is compliance u/s. 194Q necessary ? They are not willing to give any other document or declaration.

Please advice what should we do as early as possible.

Thanking you and with best regards.

Paid advance Rs. 100000 /- against work contract, as per performa invoice 100000 for supply of goods and 15000/- for installation charges (Material value clearly mentioned on bill item wise)

Is TDS to be deducted against payment of advance

I have a query regarding the calculation of gross taxable income in India and mentioning of foreign income in schedule FA for FY 2020-21.
FY India -1st April 2020 to 31st March 2021
Accounting period of US-1st January 2020 to 31st Dec 2020, so
1. Foreign income for a period from 1st April 2020 to 31st March 2021 is to be considered for computing gross taxable income and tax liability for FY 20-21 in India.
2. But, while mentioning the foreign income under schedule FOREIGN ASSETS, I have to mention my foreign income for a period from1st January 2020 to 31st Dec 2020 i.e. accounting period of US, even though I mentioned foreign income for a period of 1st Jan-31st March 2021 for calculating tax liability in India for FY 20-21.
3. And, in case of foreign income for a period from 1st Jan-31st March 2021, I have to mention it under schedule FA for FY 21- 22 in India.
Is this correct?

Dear Sir/Madam,
In Last Quarter Jan'21 to Mar'21 I paid excess amount of TDS for the section 192B. If there is any possible to adjust balance Challan amount of TDS in current quarter (Apr'21 to Jun'21). If there is no possible what will i do or If that balance amount filed in last quarter to the same person and advise him apply to Refund.
Kindly give me suggestion.
Thank you