For the first time we find that From 16C generated under TRACES is much lower that the Rent paid/Payable and Tax deposited as per Form 26QC.
Form 16C has picked up the rent paid after TDS for the last month and calculated tax @ 5% on that instead of the full years rent and 5% on that ? May be a part of a system change ? Has anyone else faced this ? What can be done as Form 26QC is correct ? Appreciate your help!
Number for example are monthly rent for residential Rs 1 lakh pm. Annual rent Rs 12 Lakhs. TDS deducted and deposited @5% is Rs 60,000. Last months rent paid is Rs 1 lakh less 60,000 TDS ie Rs 40,000. Form 26QC is correct but Form 16C says rent 40,000 TDS paid Rs 2,000.
Suppose Indian Private Limited company pays the payment for hire of chartered plane to foreign resident. Whether whether withholding tax/ TDS is applicable for such remittance. Kindly advise.
Answer nowSir,
It assessess itr returns filed sec 44ada and sec 44ad two provisions every year assessess un secured loans different creditors rs:50 lacs amount received
Question:
Assessess selection of scrutiny provision applicable in it act
Sir,
Kindly let me know i forgot to file a sales invoice of mar 2024 in GSTR-1 ,how can i register it now ?
If i register now in April 2024 month ,it is change of year 23-24 to 24-25
Please reply
FY 2019-20 I had claimed ITC without mismatch (Excess / Short) . I am showning Net ITC only not bifiricated ( Debit Notes , Purchase ) directely shown Net ITC table (A-B) But tax officer not accepted please any clarificatatin , and suggations Example :- Purchase input Rs.100/- Debite not out put 50/- Net Input 50/- I had directly shown 3B table NET ITC TABLE 50/-
Answer nowInterim Dividend,
Final Dividend and
Special Dividend.
Dividend issued on sale of shares also,
Dividend issued on sale of shares on that day sale of shares,
My question is that Dividend can be issued on sale of shares also on that day dividend issued.
If any GST taxpayer creates a delivery challan for the supply of goods, is it mandatory to create an E-way bill?
Answer nowHi All,
I have cleared my CA Final first group, back in 2009..Did try Second grp a few times and then left it as I had to go abroad for work... Now planning to get qualified... However, when I checked the syllabus noticed quite a lot has changed... In this regard would like to get your expert opinions on below doubts,
1) First of all will I be able to enroll again for CA Final?
2) If yes, do I have to re appear for the First Group which I passed back in 2009?
Thank You in advance...
We paid detention charges on import of goods. So can we claim ITC of such Gst paid in detention charges. please help with relevant section?
Answer now
Mismatch in Form 26QC and Form 16C. Incorrect Form 16C generated in TRACES.