i have paid TDS challan for the First time after get the TAN, the challan by mistake Assessment Year wrongly entered, now how can i correct the challan , Traces registration (login) not allowing for the first time user because till didn't file any TDS return.
Please tell me if any other way to correct the challna.

I recently incorporate a company.
I incorporate company through SPICE form.
The compnay is incorporated successfully and I have shared the MOA and AOA and all other things to my client except spice form.
Now the client is asking me to share the SPICE form. I donot want to share it.

Please guide whether i should share or should not share.

We (KVGB Bank) having an agreement with CANARA HSBC for making insurance business. As a corporate agent we are getting commission from CANARA HSBC. At what rate and what section TDS should be made by CANARAB HSBC while making payment to us.

I have sold property in FY 2019-20. When I go to incometax site for online filling of return, it shows me only two options in my login of ITR-1 & ITR-4. the same ITR's are not having capital gain details. So what to do?

If I purchase any goods on which GST rate is exempted, but after doing some process on that good and made final product which is taxable in GST.

so my question is whether I need to pay RCM on goods purchased which are exempted in GST?

Please Reply sir...

I have already one business and I started one another new business from f.y. 2019-20 then in balance sheet it included or make another new separate balance sheet for new business?

Difference between STD and NTE of audit procedure?

As we write off intangible and fictitious assets in internal reconstruction.
We have to write it off whether it is given or not?
And also about patents, while solving problems I came across 1 adjustment in which balance of capital reduction is utilised for writing down patents.
And the given amount is 6000 and balance amount is 4000.
And the remaining 2000 is considered in the balance sheet after reconstruction.
Why??
What's the reason for it??

Mother has gifted equity shares as gift in FY 18-19 to her 2 daughters, now she wishes to get a part of those gifts back. Is it legal to gift back the shares to their mother again in FY 20-21?

Act no where has a restriction? But does it raises a concern on intent of the transaction?
Has there ever been a case law supporting/rejecting such transaction?

Look forward to your responses.

Thanks
CA Sakshi

Respected Experts,

Liability to deduct tax at source by employer arises at the time of actual payment of salary and not at the time of accrual.

If any employee has left the job in the month of Nov-2019 and payment of his Full and Final Settlement is pending from employer up to financial year end i.e. 31.03.2020. However, employer has made provision for outstanding payments on year end.
Actual settlement of Full and Final dues happened in June-2020.

In this case please guide me, whether employer should have deduct TDS also on F&F amount and generate Form 16 accordingly for FY 2019-20.
Or
Employer should deduct TDS on F&F in FY 2020-21 i.e. on actual payment in June-2020 and accordingly issue Form-16 to its employee.

Please revert with your valuable opinion.