Hi All,
I was paid X amount of retention bonus which was credited to my account after deducting tax of amount Rs. 1 lakh. With this bonus, company had given condition that i need to stay with same organization for next one year. Due to certain circumstances i am going to resign and move to another organization. Now my current company will ask me to pay back entire retention bonus which i am ready to but what about the 1 L tax which was deducted ? How can i claim it back ? If there is way to claim it back what particular document i will need from my current employer ?

I am a tenant without TAN. My landlord has increased the rent to a little more than Rs.15K per month from October 18. However the total for the FY 2018-19 will be less than Rs.1.8 L. Should I deduct the TDS? If yes when it should be paid to the IT dept and at what percentage?

I received a notice U/S 131 of the income tax act to present in personal and to submit books of accounts.
I did so in the given time and answered to their queries. After 2 months time of my continuous visits to IT office investigation wing they finally said that “ Your file is closed/cleared and no need to come again.”
I asked them for acknowledgment regarding my personal attandence and my submission of books and docs. They said there is such rule to give acknowledgment after completion of proceedings. Whether investigating wing is correct regarding non issuing of acknowledgement after completion of proceedings or shall I have right to get the acknowledgment from them???

Dear Sir.

I am an finance manager in pvt company. I have received a bill to make payment for weigh bridge. can you tell me which ledger to be account this transaction.
(i) whether TDS is applicable?
(ii) if applicable what is the slab and the rate of TDS?

Notes:
In our factory every truck will check the weight and then it will allowed inside factory and the month end they person will submit consolidated bill .The weigh machine is owned by individual and not by the company.

Dear Experts,

Our company going the exchange our old car and by a new car from the same dealer.
Kindly clarify. to the following points .
We should raise a GST Invoice ?
If yes 18 % GST ?

Dear Sir / Madam

I want to cancel GST registration though online portal. After logging in I not getting Cancel option. Pl guide me

XYZ is a Doctor (Proprietor) is running an ENT Hospital. Apart from his income from the hospital which is exempted from GST, he is also earning through Residential premises given on rent, capital gains, bank interest, FD interest, interest on loan given to a company, interest on PPF and dividend. All these incomes including from the hospital are exempted but is crossing the threshold limit of Rs.20 Lacs. Is XYZ required to obtain GST Registration?

Dear Sir's

A Partnership Firm have entitled a Commission on Book Profit @ 90% of First Rs. 75000/- or 100% of First Rs.50000/- whichever is more, 60% of the next Rs.75000/- and 40% of the Balance Book Profit " as per agreement made by the Partners.

Ratio of Shares are 70% & 30% accordingly.

The Firm having a Book Profit of Rs. 2,85,316/- during the year before the Partners Commission .

Would you please advice , how can we calculate the Partners Commission?

Its very much help us for accounting the same ? Waiting for your valued reply

Regards

Dear Expert,
Can anybody explain what's present system to file GSTR6 ISD return ?. Now reject, Pending, Accept options are disabled. Some previous month credit which was kept pending is now showing available for credit in 4A but what about current Credit . Kindly elaborate & guide suitably to enable us to file returns.
With regards
Hari

Dear Experts
1st I am not service tax practitioner.
my client received Show cause notice from ST department, for pay ST.
he is neither Transporter nor owner of Truck. but as per 26AS he has transport receipts of Rs 10,40,248 for the FY 2013-14 and 10,09190 for FY 2014-15.
1) is he liable to pay ST
2) how i should draft reply in batter way
please help me.