Our immigration company is not GST registered & company XYZ which provide assistance in getting offer letter to our students (for grant of student visa that company) received commission & now while sharing our portion of commission they want to deduct GST @ 18% & TDS @5% . We are okey TDS deduction (i.e. 5% u/s 194H) whereas my CA state that company cannot deduct GST as as we didn't raised any Bill with GST on IT. Please guide
So Basic Question's are
1) GST is deducted by foreign university / colleges while transferring Commission to Indian Agents.
2) Can Company XYZ can deduct our GST.

What is provision of Law

Can I gift my son in us of 6000$. Any tax liability on me? Any declaration?

Can we claim exemption of Internet Allowance in salary?

A.Y.2022-2023 retunr is not yet filed but TDS is available. Whether return can be filed now by paying tax on income to claim refund

Forign company held 40% stake in Indian Private Limted company. Can this priv Ltd company buy back these shares. If so what will be tax implications in the case of Foreign Company and Indian Pvt Ltd company. Kindly advise with provisons under income tax law

Dear Sir,
Greetings!
I have to revise our TDS return (24Q) for the FY 2022-23 (QTR1). I have filed our returns for all the quarters (Q1/Q2/Q3/Q4) on time. During revised return it asks for Original RRR number and Previous RRR number. Please explain and let me know the difference between both RRRs.

With best regards,

Vijay

Dear Experts

My company is Receiving the Foreign payments through the PayPal Gateway and PayPal has charged more then 5 lacs as commission/Transaction fee. is my company liable to deposit the Equalisation Tax or not on the transaction fee paid to PayPal.

If an assessee donates 1.2cr to HUF, and HUF invests that money. Will the income so earned by that investment will be taxable to HUF or will be clubbed with the donor. Section 10(2)

Hi Sir/Ma'am,
I have some questions regarding stock valuation at the end of the year.
1.Why do we add direct expenditures in closing stock valuation? Like Fabrication, Scaffolding Exp. etc.
2.Should I book unbilled revenue for the work already done till march for which bill were raised in April next year or i should simply show it in WIP and does not book unbilled revenue?

Dear Experts, Our company has paid advance tax for AY24-25, under minor head 500- others instead of 100- advance tax. So how to rectify minor code and also let us know if code not changed then what will be consequences? This tax paid online therefore bank is not taking any responsibility. What is the solution?