Hi,

I am working as a consultant(as registered proprietorship) to a company in US. I have following question

1. Should the company in US deduct the TDS on the payment ?
2. If TDS is deducted what is the MAX US company could deduct for consultant?
3. What would happen if the company withholds the TDS and does not make payment
4. Am I supposed to make the advance payment. As company is witholding the TDS, should I pay remaining amount or it's my responsibility to make the full Tax ?

Thanks and Regards

A trust registered u/s 12AA and 80G received various donations (Voluntary Contributions) in cash ranging from Rs.11 to Rs,7101 totalling to Rs.3,40,487 during FY 2017-18. Apart from this the trust also received donations through cheque amounting to Rs.12,15,740. Receipts for each donation was issued to the donor mentioning name and address of donors.
While making assessment for AY 2018-19 the said sum of Rs.3,40,487 has been charged to tax u/s 68 as unexplained cash credit, although complete list of all donations was submitted during course of assessment.
Consequent to addition u/s 68 section 115BBE was also invoked to charge income tax @ 60% plus surcharge and cess.
Kindly advise.

I made loss in FnO trading and the turnover is around 40 Lacs. Since profit is less than 6% of turnover, i think the audit is required, But i don't want to carry forward the losses to avoid tax audit as i don't know the process and charges for it. In this case, is it ok if i file my trading profit as more than 6% of turnover and pay the applicable tax on that? Will the ITDep still mark my return for scrutiny even though i pay the tax for shown profit? Please help?

One of our client is running a Gowshala which is registered under Sec 12A and 80G in the current year F/y 2020-21 there receipts are Rs 1 crore but they have utilised only Rs 25.50 Lacs .
1. Can we utilised balance Rs 74.50 Lacs in F/y 2021-22 by filing Form 10 along with ITR. or we have to pay tax after 15% allowalibilty.
2. If we receive corpus donation for building. On Receipt issued do we have to Write "Corpus Donation" or Specific " Corpus Donation for Building" or it does not make any difference.

SIR-I was told a news that in case the tax payers newly registered under GST are not having any transactions up to 31-03-2021, the registration will be cancelled.
This is the true news sir?
I am having another GST number and am filing nil-return only. Because the process for that unit will be commenced from May -2021 on wards only.

Plz guide me

What are the procedures of cancellation of a Partnership PAN Card ?? Whether it is Online or Offline ??

Please guide me.

What is used for event management services invoice ( HSN Code/ SAC Code).
Is it compulsory to put HSN/ SAC on all invoices of event management ?

Ours is an export organisation. We have not yet applied for GST Refund because of unawareness of GST Refund. I shall be highly obliged should you kindly to let me know the procedure for claiming the GST Refund for the fy 2019-2020 ( Year ending March 2020 )

Return of Income for A Y 2018-19 was e-filed on 30/10/2018
Subsequently case was selected under scrutiny and order u/s 143(3) was passed on 02/03/21

My question is interest u/s 244A is payable for how many months and if any mistake is found in calculation of interest how to resolve ?

If anyone have excel sheet of ASI 2019-2020, pls forward to email id : anu_cs@kiranindustries.co.in.

Thank you