Dear Expert,

We hire taxi every month, he gives monthly bill without RCM charges, we pay RCM on that bill, my question about this is now his billing has crossed Rs 1 lac, can we are liable for deduct TDS @ 1% or 2% on his bill?

Asset is sold for more than written down value. The asset is in block of assets. Whether the excess amount received more than written value is to be shown as income or to be adjust against block of assets

Respected Sir,
My Client is Composition Dealer , He Purchased Floor Cleaner liquid From Chemicals Manufacturing Company later he add Mineral Water in liquid ( e.g. 1 litter liquid in 20 litter water) and sale to Customers , No Machine used for this Process.
My question is For My Client this is Manufacturing or not ?

Hi
I have registered a firm online and get status approved.
How to download Registration certificate of ROF? in Gujarat State

What is SAC code for Pandal, Tent or Shamiana Service under GST.

Sir/Madam
i am working i a IT concern. we meet out very high amount for telephone charges to vodafone & broad band charges


1. TDS is applicable for broad band charges, telephone bills to vodafone & pulse
we deduct tds for broad band alone for 194j 10% is it right sir

2.we deduct tds for our vendor. but we cancelled and debit has been made.
we need to adjust the tds with the next month bill ?
3. deduction of tds is responsible for gratuity by employee at the time of payment to employee?
employer responsible right sir.

Is an employee eligible u/s 80CCD(1B) to claim his own mandatory contribution towards NPS @ 10% deducted from his salary, if he has already exhausted 80C.

i started my articleship on 23 rd july 2020 and took transfer in 2ndd year my excess leaves were 240 at that time ,thereafter i got registered under 2nd principle and under him my articleship completion date is 28th july2023 excluding excess period to be served .
i am confused how to calculate my total excess leaves as my total leaves under old principle were 272,out of which 32 were allowed during that period and thus i was having excess leaves of 240 at that time.
but by now how do i calculate my excess leaves and final completion date of articleship. now am i eligible to give may 23 attempt

I would like to get advice on the below mentioned point.
Company A has an investment with Company B. Both Company A & Company B have accumulated loss for the past years. Current year Company B done a valuation of company and the valuation shows 7times higher. According to that valuation of Company B, is it possible to increase the investment amount in the books of accounts of Company A thru FVOCI.
Please Advice - reply to nair_pandarathil68@yahoo.com

For CA Final FR Nov'23 attempt, which faculty is good - Parveen Sharma or saarthak jain?