AN NRI ASSESSEE WHO SOLD THE INHERITED PROPERTY FOR 2700000 NO TDS DEDUCTED BY THE PURCHASER. LONG TERM CAPITAL LOSS ARISES. NON RESIDENT FILED THE ITR AND GOT ASSESSMENT ORDER U/S 143(1) .SALE AMOUNT CREDITED IN HIS INDIAN BANK AC. HE WANTS TO TRANSFER THE MONEY TO UK. WHAT PROCEDURE TO BE FOLLOWED BY INCOME TAX ACT & FEMA ACT.

A consultancy firm raise his invoice
For the period F.Y.19- 20.
But his invoice date is 15.12. 20
i.e. for F.Y. 20-21
In short service rendered period is F.Y. 19-20 & invoice date is for F.Y. 20-21
Now 19-20 Balance - sheet is finalised.Then this said expenses is debited to prior period or debited to current year expenses.
You are requested to guide.

Sir

whether a director can earn salary from more than two companies ?As he is working as employee in the company.

TDS WAS PAID THROUGH ONE CHALLAN MENTIONING ONE SECTION... AND TDS WAS PAID QUARTERLY...

IN DEFAULTS, THERE IS SHORT PAYMENT SHOWN...

WHILE TRYING TO DOWNLOAD JUSTIFICATION REPORT TO LOCATE THE MISTAKE... THE FOLLOWING MSG IS SHOWN :
"THE CHALLAN DETAILS ENTERED BY YOU CORRESPONDING TO THE STATEMENT MENTIONED ABOVE ARE NOT VALID. PLEASE ENTER VALID DETAILS"

AS THE NO OF TRANSACTIONS ARE MORE, IT IS BECOMING DIFFICULT TO LOCATE THE IDEAL PAN COMBINATION...

KINDLY LET ME KNOW IS THERE ANY WAY TO SOLVE THIS

If Non resident person Sold property to indian citizen then at the time of payment by indian citizen how to deduct TDS while considering DTAA ?

Hi,
My son gone UK, on deputation through his company at Nov 2019. He have to change as NRI in this financial year. I need to have clarification that my daughter-in-law also with him as housewife, is she also have to change status as NRI for her IT filing at INDIA.
Loganathan.

Sir,
A gst registered dealer old gold purchases from customers.
Question:
Dealer how to invoices raised by jewellery and payment mode show in accounting books in gst act.

A Company, Machinery purchased during 2015, wdv Rs.250000, sold during 2021 for Rs.325000, what will be the GST liability?. Seller is registered in GST and buyer unregistered dealer.

Is reverse charge applicable on Tax audit fees and legal fees paid to Unregistered Chartered Accountant firm ?

Dear Sir,

Whether TCS U/s 206C (1H) is applicable on sale of HSD/Fuel to a single party and collection of payment more then 50 Lakh in a F.Y. Petrol pump has total sale in a F.Y. more than 10 Crore.

Thanks with Regards,

Dilip Baranwal