Whether TDS to be deducted for microsoft azure usage charges?
It has to be deducted under 194C
But our vendor is disputing that there is no TDS as per

CBDT Notification No.21/2012
[F.No.142/10/2012-SO(TPL)] S.O.1323 ( E ) dated 13/06/2012

Isn't the notification clearly mentioning that it is for Acquisition of software?
Is it also applicable for normal subscription charges for a software?

Sir,
one of my client's form 26as showing entry US 192 which is absolutely not belongs to him. How to rectify ?
regards
vikas

Sir,

We have sold some goods (agriculture product) to govt. Agency. Agency deduced EPF and clear balance amount. its pending from govt. agency more then two years. so its my current assets or Non Current Assets

Dear Experts,

If an Individual has two source of Income ( Salaried & Business)

While preparing the Balance sheet for the Individual , shall we include the EPF balance under Long Term Investment. ( Both Employer Share and Employee Share) - Balance as per PF Website

I believe ESI Contribution cannot be consider under Investment - Kindly correct me if Im Wrong.

Kindly Advise

Respected Experts,

We are manufacturer Prop. concern and started business in f.y. 2021-22 with turnover around 15.50 Lacs. But in f.y. 2022-23, we have achieved a turnover around 2.54 Cr. Also we get done Job work from a vendor around 1.50 Lacs in F.Y. 2022-23. Should we deduct Tax on Job Work charges or we are exempt to deduct tax as our previous year turnover is below Tax Audit.

Kindly advise.

Dear Sir

Kindly advise a person have a monthly income Rs.32000/- include of FDR interest yearly income approximately Rs.4 Lacs so how much,s amount Term insurance & Health insurance he can take

Dear Sir,

One of my client is an Indian Resident earning Salary Income in Kuwait and is an NRI for F.Y. 2022-23. Under which head can I show his salary income and how will be the tax treatment while filing his Income Tax Return.

Please help me in this matter.

Regards,
Divyesh Jain

We Have Paid india mart for Sales Promotion 1 lakh rs.
is there any tds liability for payment to India Mart For Sales Promotion .
if Yes What Rate TDS to Be deducted ?

Sir/Madam

I have one query regarding contribution made by employer to NPS of Employees.

Please clarify foll. doubts-
> NPS contribution can be deposit by employer in NPS account created in one of the nationalized bank?
> Separate NPS account to be created in bank or nsdl for NPS Contribution to be deposit by employer??

thanks in advance.

Hi,
Can anyone help in providing me the business code for Jewellery Hallmarking service while filing income tax return for the AY 2021-22.