Dear All,

TDS applicable to all advance payments for goods,

For example,
The vendor from whom we are purchasing the goods,

a) First invoice basis value Rs.10 Lakhs
b) Second invoice basis value Rs.20 Lakhs
c) Third invoice basis value Rs.15 Lakhs
d) Fourth Advance paid for goods Rs.8 Lakhs (Basis Value)
Total value Rs.53 Lakhs

Please advise me whether the TDS will be deducted on the above,

I am a freelancer in service industry. I am expecting my turnover to cross Rs. 20 Lakhs in FY 2024-25. Do I have to register for GST at the start of the financial year or only when my turnover crosses Rs. 20 Lakhs? Also, will the GST be calculated on turnover in excess of Rs. 20 Lakhs or the total turnover for the financial year? Any guidance on this will be very helpful. Thank you.

Is RCM is applicable for consultancy charges of non-lawyer persons

Reason: Return has been filed u/s 139(8A), but it is not accompanied by the valid proof of payment of tax as required u/s 140B.

I received this notice for AY 2021-22. I had non taxable income in AY 2021-22 but filed it last year with a late fee of Rs.1000.

Should I agree or disagree with the defect in response?

Hello Everyone, can you please guide to us which form/return template we can use for filling of MVAT return for Retailor of Bear 231, 233,234,235 out of this which form I can use

also I am Not charged any VAT to customer we are selling on MRP basis.

Mangesh Marne

Can appeal be filed against appellate authority for Rejection of refund order of DRC-06 for inadvertant duty ?

Can u switch between old n new Regime every year?

Dear Sir,

i have received a housing loan of 43,00,000, in the month of April - 2024. I need to give investment declaration to my company where i am working.
but the section 80EEA is application for loans sanctioned between 2017 & March 2022.
is there any update with respect to extension of applicability of section 80EEA.
If no, pls kindly suggest me for investment declaration.

Hi,
One of my friend bought the property from builder in cheque amount but builder is registry not done and after some years builder returns the money with extra amount.

I want to know what will impact in income tax extra money will be given by builder?

Dear Expert, what to do if CMP -02 not filed when from regular to composition ?