I need a guidance in respect of accounting and taxation of film producers. The budget of film is around 2 CR. When to deduct TDS. In my case, the producer has paid all expenses like professional fees, contractor payment in FY 2018-2019 and not deducted TDS. In FY 2019-2020, pre-production process is going on and film will be released in this year.

He has not taken GST registration in last year as there was no sale in FY 2018-2019.

Please guide on all implication of Income Tax, TDS and GST.

Thank you in advance.

Sir/Madam,

Please help me to know that our output igst is having negative figure(-950.70) last month (oct 2019) due to excess credit note . Please help me to know how we can show in gstr3b as negative figure is not acceptable in 3b.

thanks in advance

Regards
Rajesh

Whether investment made be an Indian Company in wholly owned subsidiary incorporated outside India to be considered under limit specified u/s 186(2) ?

Dear experts,

Should wholly owned foreign subsidiary be included in the limit monitoring of Section 186, of the companies act 2013?

Thanks!!!

I was filling an application for TAN address change. i uploaded the support documents in PDF, but it is showings please upload a standard document.
1. what does it mean by Standard document??
2. is there any restriction related to size of the document??

At the time of taking GST registration, plastic toys and gas furnace show was done in HSN code. Now I can show cracker bill in my firm for the purpose of selling!

Dear Experts,

If Auditor signs Financial Statements of a proprietorship without his ICAI Membership No. & Firm Registration No. , can as a third party, I should view these financial statements not audited or invalid.

Ar ICAI members required to mention their Membership No. & Firm Registration No. everywhere they sign in their capacity as a practising CA. Where is this statutory requirement mentioned?

DIFFERENCE BETWEEN SALARY & OVERTIME

We refer to your abovementioned application & PAN application documents received from you on November 07, 2019. On verification of your application and PAN application documents, the following discrepancy(ies) is/are observed by us:

Are ca exams to be affected due to ayodhya case verdict???