Jayanthi Creations
This Query has 1 replies

This Query has 1 replies

15 December 2021 at 13:49

APMC Yard HSN Code

Hello Sir,
We are Traders & Commission Agent at Agricultural Produce Market Committee (APMC) Yard Karnataka.

What will be HSN code for this type of business. There is no clear mentioned any were.

Please help me out that will be goo.


CHINNA SWAMY
This Query has 1 replies

This Query has 1 replies

Sir,
My client is commission agent to cholamandalam , hdfc and other financial institution.The bank is deducting TDS on commission and pay him.
Now the client want to take GST registration with a trade name xyz (sole proprietorship) firm.
Can he raise the GST invoice in the name of xyz co. to banks and show the service invoice in GSTR1 and file GSTR3b. Also he raise invoices to Direct customers for financial services.How the GST and income tax works.
PLESAE SUGGEST.


Prajakta Potdar
This Query has 4 replies

This Query has 4 replies

Respected Sir

Can Employee withdraw partially from his Employee Provident Fund's Account?

on the following condition.

1)Employee's two years service is remaining as on today.
2) the purpose of withdrawal of Provident Fund is marriage of her daughter.
3) Amount to be withdrawn is Rs.3,00,000=00 (Rupee Three Lakhs only)

Please note that employee wants to withdraw from his provident fund's a/c and need not wants loan.

Please guide me.





Santosh
This Query has 2 replies

This Query has 2 replies

13 December 2021 at 13:17

TDS APPLICABILITY ON RENT

Hi Sir,

We are been paying rent after deducting TDS (194I) and TDS is been depositing with Govt every month bill to bill. And the transaction or the rent paid is crossed 50,00,000(Fifty Lakhs), as per the Income Tax new rule we need to deduct TDS under sec 194Q once the purchase crosses threshold limit.

As we are already deducting TDS u/s 194I and making the payment, do we need to deduct TDS u/s 194Q as well for rent.

Regards,
Santosh


thomas Verghese
This Query has 1 replies

This Query has 1 replies

09 December 2021 at 21:17

Ending Charitable Trust

We started a Charitable Trust in 2011 for providing employment opportunities for Persons with Disabilities. We have found that without donations it is not viable to carry on with the Trust.
We had a hired Retail shop Inside Jal Vayu Vihar paying Rent and salaries to 2 employees.
We are running in Loss for the last 5 years and the losses are getting paid from my personal finances.


Kollipara Sundaraiah
This Query has 1 replies

This Query has 1 replies

Sir,
A business person preparation of estimate and provisional and project profit and loss account and balance sheet for the purpose of bank loan.
Question:
A person percentage increased of sales and GP and np estimated and provisional and project profit and loss , balance sheet


Support Quickforex
This Query has 5 replies

This Query has 5 replies

My mother died in august 2021. She was holding fix deposit @9.25% in a bank with the maturity date of in 2025. Being a nominee I don't want to break the fix deposit since the interest was on higher side. I want the same fix deposit to be transferred in my name with the same interest rate. Is is possible to do so. The bank is refusing to do the same. Please advice.


Chandrakant Kulkarni
This Query has 1 replies

This Query has 1 replies

hello
can you plz provide declaration as an employer for non applicability of PF & ESIC


Chaitanyaa
This Query has 1 replies

This Query has 1 replies

What is the constitution of a Special Purpose vehicle(SPV) in an Infrastructure project. Whether SPV has to get its account audited independently?


J. vijay kumar
This Query has 2 replies

This Query has 2 replies

26 November 2021 at 12:38

Re-enrollment of employee in PF - Reg.

One of our employee left the organisation and we have marked him EXIT in PF Portal & HR Records. Now after 2 months he re-joined our Company, can we enroll him again with same UAN? Please advise.

Thanks

Vijay Kumar






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