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SUDHEEP M
11 November 2022 at 12:19

TDS Applicability on Gold Scheme

Sir,

I am a retail trader and during the course of my trading activity and based on the volume of trade I have received gold coins as an incentives to the salesman from the suppler. They have billed at 3% GST. I have accounted the same as sales promotion expense and accounted without availing ITC. Sir, I want to know the TDS applicability in respect of the above transaction. Whether applicable TDS under section 194C or 194Q or 194R.


Daya
11 November 2022 at 11:24

What is Bonds

whether TDS applicable on Interest income on Bonds
Without Tax free .


Atul Nagarkar
11 November 2022 at 11:13

Hotel account

I have started accounting for hotel and banquet rooms.
Main purchase accounting entries and sales enties
They have taken other food frenchiee.
How I maintain account
Please give replay


Mahabir Prasad Agarwal

Sir, if my total turnover crossed Rs. 40.00 lac, but entire turnover relates to Non GST items. Am I liable to to get GST Registration ?


akshay maloo
11 November 2022 at 10:58

SARFESI ACT

In auction, the bidder has paid full amount to the bank, but bank hasn’t issue sale certificate and taking time to issue the same.

What is the limit for bank to issue sale certificate ? Also which section of the act governs the same?


SHYAM KRISHNAN K
11 November 2022 at 09:09

SFT filing

Is the SFT filing is mandatory for all companies.


alfala haseeb
14 November 2022 at 17:37

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Narendra
11 November 2022 at 07:50

Home loan income tax deductions

If the husband and wife are borrower and co borrower of home loan . The home loan amortization schedule has the name of husband as borrower. The EMI of home loan is being paid from husband account but the property is only in the name of wife.Can husband avail all the income tax deductions related to home loan? The wife is not claiming any deduction related to home loan .


suman kumar

Since July 2022 my savings account in which i receive my pension is getting debited every month.can anyone explain what is this amount and why it is getting debited and last how to avoid this.DETAILS ARE AS FOLLOWS
28 July -Debit income tax July 2022-amount is 2017 INR
29 August -Debit income tax August 2022-amount is 2017 INR
28 September -Debit income tax sep 2022-amount is 2017 INR
28 October -Debit income tax oct 2022-amount is 2570 INR






kollipara sundaraiah

Sir,
1.it assessess jointly purchase of property value rs:45 lacs Names in A,B,C jointly registered property .Mr .A download 26 as rs:45 lacs property value show.
2.tax audit assessess professional income rs:70 lacs gross receipts and shares trading income rs:3 lacs in f.y.21-22 audit returns filed in f.y.21-22 .but assessess share trading income not reported in returns.
Doubt:
1.assessee Mr.A property value show in it returns value rs:45 lacs or rs:15 lacs
2.tax audit assessess share trading income sec 44ad 8 percentage profit declared seperate it returns filed or tax audit revised returns filed in f.y.21-22







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