Dear Experts,

Kindly share your views on applicability of withholding tax for the below one,

Company has to pay shipment transportation charges for exporting cars to outside India. Transporter is one of the associated enterprise of the company. As per service agreement company has to make payment as per DA Conditions. In case company unable to make payment they will allow to extend DA condition for few days as per the agreement. We have to pay Interest for the extension period. My query is whether this Interest for extension of DA is liable to Tax u/Sec 195? Kindly suggest me what are the tax implications for this.


Thanks & Regards,
Dharani

ARE RENT RECEIPTS MANDATORY FOR HRA EXEMPTION OR RENT AGREEMENT IS SUFFICIENT?

While recording import & export in books of accounts, inter bank currency rate is taken.
Currency rate is to be taken from which govt website?

I made import of goods from Thailand on 20.04.2020. The invoice was in dollars
The goods were cleared from customs on 25.04.2020.
Query:
1. Date of purchase in the books of account will be 20.04.2020 or 25.04.2020?
2. ITC will be taken on the basis of this date.
3. Currency rate as on 20.04.2020 or 25.04.2020 have to be taken for recording the puchase in books of accounts?

A trader is involved in trading of variety of goods belonging to diff HSN & GST rates. When we file GST return, accumulated ITC and output liability is being shown of all categories of goods.
Can he set off ITC of IGST paid at the time of import with other goods(not imported) in which i am trading.

Dear sir

I need to create the ledger of Shrre Ganesh Je Maharaja Rs.1.25/- But i am unable to select group so please requeest to in which group in create the same ledger

GOOD AFTERNOON,
I HAVE REGISTERED MY FIRM IN MEF PORTAL , I FAILED TO NOTE THE UCN , KINDLY HELP ME TO FIND THE UCN ALLOTED TO MY FIRM.

THANKS

What's the industrial code for Pesticides and other Agro products business ..
Thank's in advance....

Dear Experts,
I had put the bank balance wrong in the balance sheet of the last year. Do I have to revise last year balance sheet or Will there be any such adjustment entry.
please suggest me.

Dear Professional Colleagues

Some of our clients forgotten/unknowing to deduct the tds from the creditors but after we find, then they deduct the tds and file the Tds return(which is very small amounts like Rs.500 in 194 c) , now the problem is they did not enter this tds adjustment entry in the books of accounts as they have alredy paid full amount to the creditor(if they entered in books then that small amount of tds remain shows receivable from that creditor), is it acceptable or not, because as per the tds section total tds paid and tds return filed.

please clarify my doubt Thanks in Advance