I HAVE ONE QUREY IN TDS RETURN PLEASE HELP TO SOLVE IT I MADE A PAYMENT TO PARTY AFTER DEDUCTING 1% TDS FROM HIS BILL AMOUNT AND PAID TO I TAX BUT LATER I COME TO KNOW THAT INSTEAD OF 2% I DEDUCT 1% TDS THEN I PAY BALANCE 1% TDS WITH SEPARATE CHALLANS NOW HOW I MENTION CHALLAN SERIAL NO IN TDS RETURN IN LINE OF PARTY PAYMENT DEDUCTEE SHEET THERE IS 2 SR NOS IN CHALLAN SHEET IE 2 & 4 PLEASE LET ME KNOW

Dear concern,
please send a draft copy of MOA and AOA for OPC.

Thanks in advance
Mohona
Email- advmohona@gmail.com

Hi,

I need help in filing reply to service tax show cause cum demand notice received for FY 2015-16. I hve all the documents ready from FY2015-16 to June 2017. Need to find a reply in proper format.

Looking for expert in south Mumbai.

A section 8 company was formed in FY 2019-20. Donations received ( Under CSR) from other entity Rs. 15 lakhs. Company Spent as per object clause Rs. 7 lakhs during FY 2019.20. Company had agreed (in FY 2019-20) to other charitable trust to give donation of Rs. 4 lakhs which was paid in FY 2020.21. The company is not registered u/s 12AA hence exemption u/s 11 is not available. ITR6 need to be filed.
Query 1. - Can the company make provision for the said agreed donation of Rs. 4 lakhs.
Query 2. - Whether the income to be shown as Income from Business or Profession?
Query 3. - Can the company opt for 115BAA i.e. 22% tax?

SIR,
ITC ON GSTR 3B , GSTR 2A , IN BOOKS (B/S) ARE DIFFERENT . WHICH ITC AMOUNT SHOULD BE SHOW IN GSTR - COLUM 6-B

sir,
how to calculate net worth from balance sheet.

In our firm we have purchased Interior Item Around 5000. in this scenario the expenses should go o which account.
Capital Account Or Asset account or Indirect Expenses

Which of following be the correct procedure
A) I show credit note and debit note in gstr1 and then in next return of March, it will automatically show reduced/increased sales and corresponding tax and ITC. I don't do anything in GSTR3B
Or
B) I give credit note and debit note effect in sales amount and tax amount and ITC amount in gstr3b- but which column I don't know - please guide
And show in GSTR1.
OR any other procedure which is correct
Request for your guidance.
Regards,

Hi all,
Provision for gratuity is made in the books of accounts on the basis of actuary valuation. Whether it is allowed as a deduction under the Income tax Act?

Thanks in advance.

The Turnover is Rs 1.40 Crores and 95% of the transactions are done through bank. The profit percentage declared is 4.22%. ( They have not opted for 44AD section ) Whether 3cb-3cd Tax audit is applicable for fy 2019-20