Dear Sir,

I know that, there is provision in Income Tax Rule, u/s 197, a persons can avail the facility of Nil/Lower rate of TDS. But here by query is, Its is applicable to only Individuals/HUF or even Private Limited company can avail this provision.

Kindly suggest me. Since our company tax liability is less/nil, we our clients are deducting TDS @ 10%, Every year we are filing Tax returns and getting refund for the same.

Regards,

Varun Chandra

Dear All,
We are planing to merge our 4 companies into one company. Out of these companies, one company has outstanding dues towards Income Tax demand raised u/s 263 of the I.T. Act. Company has filled appeal before Tribunal. Is it possible to merge this company with another company? What will be pros & cons. of this?

Thank You

Dear All,

Fees for increasing Authorize share capital from 25 Lakhs to 50 Lakhs is coming Rs 50000,where as
from 25 Lakhs to 51 Lakhs fees coming RS. 125000.00 , please guide me (The Company is registered in West Bengal)

Which author' book is best for AS :
MP Vijaykumar or DS Rawat or Ravikanth Miriyala?

Please reply

Dear All,

Please advise whether any legal implication will be attracted to a transaction of transfer of Rs.5,00,000/- in cash to imprest advance to an employee under Sec 40 A(3) or Sec 269ST or under any other law? Is there any statutory limit on the amount to be transferred to imprest advance in a single day.

Thanks & regards,
Kiran.

Hi Friends,'
Can you please share your views on the following issue.

1. I have to raise an invoice towards services provided to a Charitable Trust registered under Sec 12A of the IT Act.
which is exempt under GST. DO I need to charge the GST in the invoice?
2. As per the contract the regd office ot the company is Mumbai. If I have to charge GST whether I should charge IGST or CGST+SGST.

Can any one please advise.

Thanks
PC Joshi

IF A REGISTERED DEALER TRADING CATTLE FEED (GST EXEMPT) ITEMS ONLY AND HE PAY OUTWARD FREIGHT CHARGES TO GTA THEN RCM IS APPLICABLE ON THAT PAYMENT OR NOT AND ALSO WHETHER E-WAY BILL IS REQUIRE IN CASE OF TRADING OF CATTLE FEED (GST EXEMPT). PLS REPLY

Dear Experts,

If a person without degree or degree up to B.Com or M.Com renders Accounting services to others then under which section does TDS to be deducted? Whether 94-C or 94-J?

Someone told me that if a person without degree of CA/CS/Lawyer/Engineer/Architect,Doctor renders services to others then deductor should deduct TDS under 94-C. Even I have listened such thing first time in my career.

Can you please clarify on this and help me to take the right decision?

Sir
main composition dealer hoon meri tyre ki shop hai aur maine apne truck company ko rent par de diye hai mujhe monthly 80000.00 rent milta hai mujhe composition mein rent par kitane % gst pay karna hoga. kya composition applicable hai.

I did my articleship along with Mom distance education without filing form 112. now I have cleared final and need to apply for membership. I request how should I deal with this situation. should I show Mom qualification in membership form. if I do so how much fine will it attract. thanks in advance