madhu Reddypro badge
12 March 2020 at 17:09

TDS- U/s 226(3)

Dear sir,

Our Bank had Been Received Notice U/s 226(3) to pay Such Amount Directly to Department Regarding Interest and Late Filing Fee in TDS Filing
After Which i had Filed Revised TDS Statement By Paying Interest/ Late Filing Fee
My Question is There will be any Impact on the Balance Available in Bank
Or So i Can Draft the Letter to Department to Revoke the Notice
Please Reply
Thanks in Advance


Suresh Tambe
12 March 2020 at 15:35

CIBIL

I have close my loans from banks and I got NOC from them but in CIBIL it is still shown as loans are active so how can I remove the loans from CIBIL?


CA Garima Bhayana
12 March 2020 at 13:45

Gifts received by minor

If minor received cash gift then is it clubbed in hands of parents and if yes then where to disclose this in ITR? Please clarify this with all provisions


swadesh kumar

Sir,
I want to know free/ paid advise from expert , about -
1) is GST applicable when a house owner lease residence to a company and that company sub lease to other person for residential purpose.
2) Is above happens in more than one state , what will be scenario.


Isha Jaiswal
12 March 2020 at 13:10

Adjournment of Board meeting

Is it possible is board meeting scheduled for 25th August and meeting was started for approval of financial statement , meantime standalone was approved by the directors but consolidated was not presented , so the meeting was adjourned and scheduled for 26th August. So in this situation will this will counted two board meeting or one adjourned board meeting


CA Ashutosh Khaitan
12 March 2020 at 12:59

Reverse charge applicablity

Taxpayer has received commission in $ from Foreign company against meeting the sales target. Taxpayer already has LUT. Do the taxpayer require to pay IGST on reverse charge basis on the payment received?


Prabhu

Hi experts,

I have LTCG losses of around 20K for this FY and also from carried forward from last FY. For this FY, I have LTCG gains of around 40K (after indexation) from Debt funds. My question is, can I set off the 20K loss from equity against 40K gains from Debt? Appreciate your clarification and thanks in advance for your help...

Regards,
Prabhu


JOEL
12 March 2020 at 12:35

Accounting Standards

Is there any AS for the accounting of preliminary expenses.


madhuri koya
12 March 2020 at 12:07

ACCOUNTANCY

From the past data the indices were calculated for money in circulation and cost of living. Find if there is any correlation between them supposing that the money circulation affects the cost of living Index of money in circulation: 110, 120, 125, 128, 132, 140, 150 Index of cost of living: 105, 108, 110, 112, 108, 130, 134​


CA Sayur Jain
12 March 2020 at 00:36

TDS related query

Can anyone please suggest the taxibility of insurance claim received under motor vehicle accidental and deduction of expenses for earning such income like lawyer fees etc

Thanks in advance





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