Suppose X paid the profession fees on behalf of company y to Mr z for Rs 11800(10000 basic and 18% as IGst ).
Mr x failed to deduct the tds .now the question is that while making reimbursement to x .we have passed this following entry.

Profession fees A/c Dr. 10000
Igst A/c. Dr. 1800
To. Z. 10800
To tds payable. 1000


Z A/c. Dr 10800
To X A/c. 10800

What about Rs 1000 which is paid extra by X to z. Who will collect Rs 1000 fromZ. And rs 1000 is less payable to X is right .pls resolve


Regard

Sir,
TDS was deducted from Bank interest and Mutual Fund Dividend in FY 2019-20 and it is shown in Form 26AS . As TDS does not come in my Income range , it will be refunded . But at last page of online efiling ( ITR 1) in new apps , TDS is shown ZERO , Tax payable zero and tax refundable zero . I have not submitted return finally. In old apps of Incometax efiling return there was no such problem . Please advise me what is the solution in my case.

With regards,

Sudhir Saha

DEAR SIR,

I HAVE FILED INCOME TAX RETURN WITHOUT AADHAR OTP. BECAUSE SOME TECHNICAL PROBLEMS OF NEW INCOME TAX PORTAL. AADHAR OTP DID NOT COME. I HAVE BEEN TRYING TO GET AADHAR OTP FROM LAST 6 DAYS AGO, BUT STILL IT'S SHOWING " AUTOMATION PROCESS IS IN PROGRESS, PLEASE WAIT" IN THIS MESSAGE APPEAR BUT NOTHING YET ANY PROCESS WOULD NOT BE COMPLETED.

WHAT HAS TO DO, WHETHER WILL SEND SIGNED COPY OF PERSON TO CPC CENTER OR WILL WAIT FOR AADHAR OTP. PLEASE GUIDE ME.

REGARDS

My client has Import Purchases from England and the purchase bill is in Pound currency. I have entered Purchase in INR as per Bill of Entry from Customs.
We have paid Rs. 9,75,000 (lumpsum pounds) to England supplier and the Purchase is Rs.10,00,000 as BOE. Therefore how to adjust this diference of 25,000(10lakhs - 975,000) ?
pl guide.

We got notice from traces regarding statements of TDS return filed for previous years. We are about to file revised returns.
We did not have Acknowledgements Receipt number of original filed returns. How can we get those numbers for previous years.
like 2008-09, 2009-10, 2010-11 years.

please help me with this

Dear Sir,
We are the Manufacturer of Ayurvedic & Unani Medicines- One of my Company in Delhi & another in Greater Noida (U.P.), We purchase Raw Materials/ Herbs in Delhi and want to send to our another sister concern Greater Noida (U.P.). My question is- what's the document ( Tax Invoice or Delivery challan) i prepare to send the material for Greater Noida (U.P.)??? Please explain.

As per income tax Survey Difference of Stock of Rs 15 Lakhs identified and Assessee not agreed went for Appeal but now he withdrawn Appeal under vivad se vishwas Scheme (A y 2012-13 ) now wants to show in his books but how to consider the old stock in GST wheter he needs to declare it as URD purchase or in TRANS

CDSL statement for the A.Y. 2021-22 shows that there are 3 accounts, first is for self, second is jointly with husband and third is jointly with son. LTCG raised Rs.182320.67. How gain to be divided? Is credit of gain or loss or amount deposited/withdraw goes to the first holder account? Kindly reply, Regards, Limpa Chakraborty

can one director get remuneration from 2 company. please provide the section

Our Client is an educational institution having receipts of more than Rs 5 crores and having registration u/s 12A, but wants to avail exemption u/s 10(23C)vi.
Here our doubt is whether to file the renewal application or to file a fresh application for claiming exemption u/s 10(23C)vi because our client does not have registration for claiming exemption u/s 10(23C)vi .