TDS need to deduct OR Not for Payment of Rs. 1,77,000 as Interest on Credit Purchases by A HUF Proprietorship Firm?
Supplier says, since it is Proprietorship Firm, there is no need to deduct TDS. But I doubt, Supplier want to take advantage of Ignorance of Buyer.
Will Buyer comes under fault if he does not deduct TDS and deposit to Department in such case?
kindly suggest some other options fr cs rather than mba or llb
I'M TEA MAKER AND MY TURNOVER IS 250000.
AM I SUBJECT TO INCOME TAX
UNDER TAX AUDIT IT IS REQUIRE TO STOCK AND ASSET VERIFICATION
TDS need to deduct OR Not for Payment of Rs. 1,77,000 as Interest on Credit Purchases by A HUF Proprietorship Firm?
Supplier says, since it is Proprietorship Firm, there is no need to deduct TDS. But I doubt, Supplier want to take advantage of Ignorance of Buyer.
Will Buyer comes under fault if he does not deduct TDS and deposit to Department in such case?
Dear Sir,
Can you kindly send me the follwing case laws in connection with Cash credit in the books of account. Showing cash loan below Rs.
20000 taken from 50 PERSONS.This case law is required to make my cash transactions in the books of Accounts lawful.
Commissioner of Income Tax VS.Orissa corporation pvt.ltd (1986)159ITR78.
Mukesh Shaw VS ITO 2012(1)JCR 230 (Jhr).In addition if you have any case laws in connection with above,you may send the same. Please help.
If sales made through agent to whom commission is payable.... In that case Is it necessary that in sales bills name of agents is written?
How we can check that in auditing??
questions - 1.if one pvt ltd company having rolling blinds business making a sales invoice which not stamped and signed is this valid?
2.if particular sales invoice no. missing in tally and sales register then for what types of situations company does this ?
3.duplicate invoice found in sales register with amount mismatch then what are the possibilities ?
plz share any idea about above activity...
I have completed ca Ipcc and cs executive.. due to uncertainty in CA I feel insecure in passing CA final as I passed Ipcc in 4th attempt.. so I want to focus on cs and am damn sure that I'l be clearing cs. and I want to do some other courses along with, which one will be best MBA or llb both have their own pros and cons ..which will be fruitfull for my career growth.. plz advise me.. and whether I should do MBA or llb in correspondence or regular..plz advise me thank u..
TDS need to deduct OR Not for Payment of Rs. 1,77,000 as Interest on Credit Purchases by A HUF Proprietorship Firm?
Supplier says, since it is Proprietorship Firm, there is no need to deduct TDS. But I doubt, Supplier want to take advantage of Ignorance of Buyer.
Will Buyer comes under fault if he does not deduct TDS and deposit to Department in such case?
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Tds on payment of interest on purchases