Respected Sir ,
Is tds to be deducted on Remuneration Paid to Partner

2nd Question:
There are 5 doctors (Active partners) in Partnership Firm (Hospital)
Partnership Firm Paid Remmuneration to each Partner according to law, But also also Pay professional services amount and deduct TDS u/s 194 JB
Now My question , Weather Partnership Firm pay any amount other than Remmuneration to Partner ??

Sir,
ITR of AY 2022-23 successfully filed in July 2022 and e-verified on 12/08/2022. This is also appearing in e-filing portal.
But thereafter there is no update /information of ITR processing . Please suggest whether it should be left and wait endless OR some reminder / or activity needs to be done by assess. What cab be probable reason of this situation and how to deal with it.
Pls guide.

Sir,

I have paid Rs. 28000 to a professional for his professional services. TDS was not deducted in that case as the payment was within the exemption limit. But later on I have paid Rs. 5000 as professional charge to the same party. Whether TDS was applicable under section 194 J to the second bill only or I have to deduct for the entire amount of 33000 (28000+5000). Because somebody told that retrospective effect was not applicable to TDS under section 194 J. Please clarify...

Dear Experts,
I accepted a job offer in May 2022 and the employer had given a signing bonus(advance) for 5 Lacs after deducting TDS. A contract also was signed with a condition that if the job offer is not accepted thereafter the entire amount has to be returned. Due to other reasons I cancelled the job contract which we agreed mutually and accordingly I paid back the
entire amount(less TDS) received and requested them to adjust the TDS amount(Rs.1.76Lacs) in the their other payables but they insisted to pay it immediately and now deposited and appeared in my 26AS( but NOT shown in ATS) and informed me to claim refund this FY22-23.
My query is :
Whether I get IT refund for the TDS paid this year as my income also is increased by 5 Lacs with the addl.tax liability.
What documents I should get from the employer while filing IT returns to claim the refund as I returned the entire amount received and now the TDS also is back to them.
Can I inform them to wait till it appears in my ATS OR inform them to wait till I receive the refund since I informed them well in advance to cancel the contract and not to deposit the TDS.

Thanks for your kind help and advice.

Prasanna

Dear Experts,

LDC is valid for Period 01/08/22 to 31/03/23
We will Consider Invoice Date or Expense date for calculation and deduction of TDS at lower rate.
e.g Expense pertain to Jun & July'22 but Invoice raised on 8th Aug'22 should I deduct on Lower rate or not ?

It is mandatory to furnish From 3CA and 3CD for an LLP having Turnover less than One Crore but more than 40 Lacks and a Net Loss.

DEAR SIR,

ONE OF MY FRIEND RUN A PARTNERSHIP FIRM FROM PAST 10 YEARS. PARTNERS OF THE FIRM ARE HIS MOTHER AND HIS BROHTER AND HIM. NOW HE WANTS DISSOLUTE HIS FIRM. BUT THE PROBLEM IS THERE IS NO CASH BALANCE AND BANK BALANCE ENOUGH TO REPAY THE PARTNERS CURRENT ACCOUNT AND CAPITAL ACCOUNT BALANCE. NEARLY HE NEEDS MORE THAN MEANS EACH PARTNER SHARE 6,75000/- EACH TOTAL 2025000/-. AND CURRENT ACCOUNT BALANCE NEARLY 1300000/- SO HIS BUSINESS SALES NOT ENOUGH TO MEET THE REPAYMENT OF PARTNERS SHARE. NOW HOW TO RESOLVE THIS PROBLEM. ALL PARTNERS ARE MEMBERS OF FIRM AND WILL NOT CREATE OR RISE ANY DISPUTE IN THE MATTER OF HIS SHARE OF INVESTMENTS IN THE FIRM.

PLEASE I NEED YOUR VALUABLE GUIDENCE TO RESOLVE THE PROBLEM

THANKING YOUR SUGGESTIONS

REGARDS

Our client had paid Rs 2 lakhs to linkedin under recruitment expenses, TDS was not deducted on it under sec 194J .. Whether TDS is applicable on such expenses or not..

Sir,

I require clarification regarding TDS applicability in respect of the following situation. One of the director of a company went to business tour abroad. The package was managed by a tour operator and got invoice from the party mentioning service as International Tour under SAC code 998555 and they were collecting TCS @ 5%. In respect of that transaction, whether I have to deduct TDS again.?

Can the profit from the sale of Rural agricultural land be deemed as agricultural income?