We have a Company Secretary who is a US Green Card holder and is providing consultancy services to our company.

The payment is being made to him in the USA and it is a non-DTAA case.

Under Section 195 of the Income-tax Act, at what rate should TDS be deducted on the consultancy fees paid to him?

Sir/Medam, the bills which are in GSTR2B of July and August and are booked in our PASS books in September 2026, should I accept them in IMS or keep them pending?

In coop housing soociety in maharashtra how should a coop housing society treat The amount depreciation which is a non-cash operational expense in its books of accounts in income and expenditure statement

sir,
i have sold goods but invoice not issued because our accountant was absent gst officer visited and impose tax and penalty and same has been paid through drc-03 before scn.how to show this is books of account.should i issue invoice for the goods sold?please clear this puzzle

1.My last year retrun that is for 31.03.2025 ( A.Y.2025-26) has been uploaded before due date that is on 31.07.2025 but e verification has been done now that is on 12.09.2026 and its showing invalid return also there was a tax payable of Rs.10k. Can anyone suggest what i can do. whether i have to pay the tax. is there any option to revise the return .

2. My this year return is filled on due date that is on 31.03.2026 can i use the condonation option for delay in e verification of return OR it will also be considered as invalid return . I need suggestion.

My question is
We are registered in karnataka and our place of business is haveri city ... we purchase goods from other villages in karnataka from farmers and sell to our customer from there directly . So do we need to select transaction type in blling as BILL FROM DISPATCH FROM or REGULAR with dispatching place address ???
We purchase goods from farmers all over karnatka.

A resident entity is purchasing land in India from a Non-Resident Indian (NRI).

The transaction/payment is proposed during FY 2026-27, i.e. after 01-04-2026, and therefore the provisions of the Income-tax Act, 2025 would apply.

I have the following queries:

Which section of the Income-tax Act, 2025 is applicable for TDS on purchase of immovable property from an NRI?
What should be selected under the "New Section" and "Section Code" while making the TDS payment?
The TDS portal is showing Section Code 1057 with a 30% rate. Is this the correct code for purchase of land from an NRI?
Is TDS required to be deducted at 30% on the entire sale consideration, or only on the taxable capital gain/income component?
If the NRI has held the land for more than 24 months and the transaction qualifies as Long-Term Capital Gain, what is the correct TDS rate under the new Act?
If the seller obtains a lower/nil deduction certificate, how should the TDS be handled?

Would appreciate guidance from members who have experience with NRI property transactions under the Income-tax Act, 2025, particularly regarding the correct section and section code to be selected on the TDS portal.

1) prepared an Excel bank entries template
2) created all required ledger accounts in Tally
3) created Tally mapping template in Tally
4) imported all bank entries into Tally successfully
5) when Alt+R is pressed unreconciled bank entries should be seen. but they are not seen.
6) therefore, manual bank reconciliation cannot be done
7) Tally shows them a "Available only in books"

Kindly suggest a solution to this issue. Thanks!

I have a taxable turnover of Rs. 97,00,000/- for the month of August 2026, which is an intra-state supply taxable at 18% GST. Under the current GST rules including Section 49, Rule 86B, and Rule 87, how much tax am I required to pay in cash and how much can be adjusted against Input Tax Credit (ITC)? Kindly clarify the applicability of the 1% minimum cash payment rule in my case.

My question is what is the GST rate on sale of racing horse and HSN code ?