Income Tax queries [2181]

All Resolved Open

sweta varshney

05 February 2021 at 23:00

Tcs

Whether Buyer is eligible to claim the credit of TCS in case TCS is Collected but not deposited by seller.

Irfan Khan

05 February 2021 at 19:51

Dear Sir
A dealer is registered under composition from 01/07/2017 to 30/06/2018 thereafter registered as regular. In the composition period he shown turnover of Rs. 167220/- whereas on scrutiny by GST department the actual turnover comes out to Rs. 84,45,214/- which is correct.
Now the department is calculating tax commodity wise instead of composition rate.
Is it correct ?
If yes, please quote section.
Thanks

MANMOHAN SINGH RAWAT

05 February 2021 at 18:49

HRA exemption when landlord is Firm or Company

Hi Team
i would like to clear my doubt that whether an employee can claim HRA tax exemption when his/her landlord is Firm/Company?

pls note rent paid annually is more than 1 lakh rupees and PAN is also to be provided to employer for HRA exemption claim purpose.

Virtual Accounting And Tax Ser

05 February 2021 at 18:05

UDIN for Tax Audit

If a person has two businesses and both businesses are audited by a different chartered accountant. But one Chartered Accountant has signed the Tax Audit Report, Then do both CA required to generate UDIN?

R S Sai Kumar

05 February 2021 at 17:36

Digital signature

Dear All
I have a doubt, Instead of physical signature on annual accounts, is it permissable to sign the same with digital signature?

suuny

05 February 2021 at 17:08

Board meeting for sale of asset

Hi,
Does board meeting need to be held and board resolution need to be passed mandatorily for sale of any fixed asset of private limited company?

CA Shashikant Lonikar

05 February 2021 at 17:04

Time Bar Limit for Maharashtra VAT Assessment

Hi,
What is the time bar limit for Assessment for FY 2011-12 under Maharashtra VAT?

sanjay

05 February 2021 at 17:00

Required Format of Indemnity Bond for TDS Refund

Hello Sir
I want the format of indemnity bond for TDS REFUND on property. Can Anyone send the same at the earliest.
I shall be grateful .
Regards

satish kumar Chauhan

05 February 2021 at 16:24

SAC 999799

Dear sir

My customer isuued an invoice under sac 999799 for penalty due to delay in supply and charged the GST. Kindly advice, which a/c to be debited for Penalty amount and is ITC eligble under GST and penalty allowable under I.Tax.

Thanks