Hukam Chand

"Happy New Year"
"Greetings for the day"
Dear CA Club Team,
I took multiple Letter of Credit (LC), Bank Guarntee (BG) from multiple Bank as well as i took an Cash credit limit (CC) approx 2Cr for full fill our company working capital limit and also i have to submit the Stock Statement with the Bank but i have an issue in front of me How LC and BG impact on my Monthly Drawing power(DP) Because Stock + Debtors-Creditors but Creditors and debtors will be depending on the LC & BG based. How can i resolve for it Kindly Give me some Resolution and practical aspect and example while i could be used in my business secnerio Please share with me the suitable example whose covered Drawing power (DP), CC Limit, LC, BG etc.
Please


VaghBlogger

I am Salaried individual and sold one property (house) during 2024 and made brokerage payment of 2.5 Lac to agent. As per 194H I understood that Individuals or HUF don't required deduct TDS for such transaction.

I am bit confused as various portal interprets this section differently.

What exactly is the requirement for Individual not having any income other than Salary


Suresh S. Tejwani
30 December 2024 at 14:00

Regarding TDS on sale of property

If property is purchased in November then what is the time limit for deducting tds and filling challan on the portal?


Sophia Wright
30 December 2024 at 11:11

What are the Uses of Morale Patches?

Morale patches go beyond just being an embroidered piece, they are a way of letting out your creativity or interest. Uniforms, backpacks, or pieces of tactical clothing wear these badges for comedic, professional, or achievement’s sake. They are common with army and police forces for team identifications and bindings. Other than the above, there is casual use where hobbyists, collectors, and those interested in the outdoors identify themselves and their necessities with morale patches.
Visit: https://www.moralepatches.co.uk/custom-hat-patches


Manoj Raturi
29 December 2024 at 04:41

Partnership deed drafting.

We have a partnership firm (2 partners, Mr. A and Mr. B) with 2 unit/branch (unit 1 and unit 2) under same pan, currently Unit 1 is operational. Now Mr. B wants to start Unit 2 operation with new partner Mr. C, how partnership deed will form. ?


Hukam Chand
27 December 2024 at 17:01

Esic and epf and tds

Dear Sir,
Kindly Discuss all things about the ESIC and epf and Tds if any taxpayer delayed the payment of ESIC, EPF, TDS as well as delayed filling the return of ESIC, EPF, TDS then what impact on the income tax in case of individual, Partnership firm, Company, LLP


jitendra kumar

For the purpose of Aadhar seeding by mistake i have selected previous employer that current employer. The Previous employer is not working. How to un tag from Previous employer.


Viral

Dear Sir,

We have deposit the professional tax with Provided E-XXXXXXXXX No
But we have put in the challan one digit wrong. (WRONG NO).

WHAT IS THE CONSEQUANCE ?


shiraz ahmed
25 December 2024 at 21:59

Discount on Tally Renewal

Are NGOs given a special discount of 50% on Tally Renewal charges if they pay through their Tally partner?


Suresh S. Tejwani
21 December 2024 at 13:49

REGARDING GST LIABILITY AND ITR TYPE

IF I GIVE LAND ON RENT AND TDS IS DEDUCTED BY THE TENANT U/S 194I(b) AND ANNUAL RENT RECEIVED AROUND 35 LAKH THEN GST NUMBER IS REQUIRED..??
AND WHETHER ITR 2 OR ITR 3 TO BE FILED?





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