when coal sale to production unit, we will be not applying tcs on gst bill [tcs 1% on coal exempt mfg unit] we take FORM 27C From Production unit so where we can see on FORM 27EQ
(on 27EQ RETURN any column show not collecting TCS Summary)

Please replay hope early as possible
Thanks & Regards
Sirji

One godown was hired by our office on 1st April 2021 and paying monthly rent of Rs.30,000/-. 6(Six) brothers are owners of the Godown. 5 Brothers have given power of attorney to one brother for signing of the agreement and looks after the godown. Only One brother is receiving monthly godown rent in his bank account.

So, Annual Godown Rent is Rs.3,60,000/-

My question is that can we deduct TDS as per 194I i.e. 10% from the Godown Rent. One brother is receiving payments for income of six brothers

Sir
Can you kindly clarify whether the company engaged in stock broking services required to file form 61A for reporting of sale and purchase of securities. Will it come under reporting entity to file the same? Kindly clarify.

Those who have 80G (10AC) certificate can take the donation and donor will get the exemption u/s 80G. What donee has to do? Has he needs to file any return with donors details?

Dear Sir,
Very recently I am facing a problem while I want to register my sister-in-law as an individual tax payer in the e-filing portal of the Income Tax Department. The pin-code in the contact details page of the portal can't be typed in the space provided for. I cleared all the cache memory and the cookies, cleared browsing history and then tried number of times in google chrome incognito to register my sister-in-law as an individual tax payer. But, Sir, I can not type pin-code in the provided space in the contact details page of the e-filing portal of the ITD and therefore I can not register her as a tax payer.
I seek solution to this problem from you. Please help me to find a way out.
With thanks and best regards,
Kamalesh Guha

Dear Sir,

We procure some material and accounting for the same were made accordingly. After proper accounting we receive two credit note. One for short supply of material and 2nd one for discount on supply of material.
My query is that whether we will deduct TDS U/s 194Q on base value of Tax Invoice or base value after adjusting credit note.

Thanks in advance.

Hello,

If I buy a bond at a premium - 1100 (50- premium, 50- Accrued interest, FV-1000)
@15% coupon rate

At extinguishment/ maturity I get 1000 back with 150 Rs interest

Do I report 50 rs (1050-1000)as capital loss and 100Rs as interest income(150 received -50 accrued when I purchased)

OR

Do I report 100 Rs (1100-1000) as capital loss and 150 Rs as Interest income.

Thanks

Respected Sir,

Please let me know the due dates for the following compliance

TDS payment of March 2022 till what date can we pay ?
TDS Return filing for the quarter Jan 2022 to March 2022 till what date can we file ?
GSTR-1 for the month of March 2022
GSTR-1 for the Quarter Jan 22 to March 22
GSTR-3-B for the month of March 2022
GSTR-3-B for the Quarter Jan 22 to March 22

Please guide me and oblige.

Dear Sir, I heard from someone that we cannot write the name of a Private Limited company in short Pvt. Ltd., Is it forbidden in income tax?? Thanks in advance

Dear Sir / Madam,

What to do if the dividend income is remained to be disclosed inadvertently in ITR of AY 2021-22 and now the due date of revised return is also over?? The TDS is claimed while filing the return and now this mistake is discovered now. The return is yet to be processed by the dept.

Kindly suggest the solution.

Thanks & Regards,
Suraj