Hi,

I have a query. If a NRI who is a resident of a country with which India has a DTAA agreement, offers his professional services to an Indian company, is it required for the Indian company to pay 10 percent TDs as per 195 section of DTAA? Can the NRI pay the entire tax in the foreign country instead and avoid TDS in India? What forms should he submit for that?.

Thank you,
Kreeta

Resolved and deleted.

Hi,

I worked as an employee for more than a decade and my PF account has accumulated some fund. I left the organization and started my start up firm (Pvt ltd) around 3 years back.

1. AS AN EMPLOYEE of previous firm --
a. My PF amount is still there and it earned interest till few months back but now it is not earning any interest. There is a PF rule in that regard.

2. AS AN EMPLOYER of current start up firm --
a. My firm has PF number (it was mandatory to take during registration) but we are only 2 people (my and my partner) and we do not pay ourselves any salary. Naturally, there is no PF contribution.

Now, if I start paying myself salary and start contributing minimum PF to myself, will that RESTART the interest payment to my accumulated fund as well?

WHETHER LLP HAS INCURRED LOSS THEN STATUTORY OR TAX AUDIT IS COMPULSORY IF INCOME TAX RETURN IS TO BE FILED AFTER DUE DATE?

Sir,
If A person maintained a hospital with pharmacy Store registered in gst act
Question:
Dealer output itc claim on opd (out patients) or ipd (inpatients) show in gstr3b return.

Respected Experts,
Scenario;
One of the company approaches to a Tour Company for getting Package Tour to abroad for their employees. Here, The Tour operated Company raised invoice to its client company with TCS.
Question;
1. Can TCS included Invoice issued to a Company ????
2. Is TCS applicable only to Individual ??
3. In the above scenario, what will be the right way ???

Kindly advise me on the above matters.
Thank You

Hi,

As per email, the company will deduct only 10% TDS from the salary and rest will be deposited in my account. Do I have to pay more taxes when filing ITR or that would be it?

Sir,

I am partner in partnership firm and Income receive only from this two firms and no other income.
I want to know whether i can claim depreciation from that income and other indirect expenses.

Whether SFT reporting is applicable to a multi state co-operative society engaged in credit facility.

Sir/Mam,

Social Media Content Creation Payment Rs. 49000, Which Section TDS applicable or Rate of TDS

Plz guide me

Thanking you,