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Vishal R
This Query has 3 replies

This Query has 3 replies

08 May 2026 at 22:04

Luxury car under educational trust

Can educational trust in india buy luxury car on its name?


Rajkumar Gutti
This Query has 1 replies

This Query has 1 replies

SAC No. 996412 - passenger Transport service
SAC No. 996601- Renting of motar vehicle
What is the difference. We confuse which service apply RCM & which is No RCM. How identify passanger transport service


binu sukumaran
This Query has 1 replies

This Query has 1 replies

09 May 2026 at 18:13

Non resident person rental income

Sir,
one of my friend has daughter . She is stay in Canada. She has currently getting income from rent Around 45,000 per year in India . She become Canadian citizen with in 2 month.
let's me know
1. If any problem after become Canadian citizen , she earn rental income in India.
2. best tax plan method which one .
Please advise
with regards
Binu


Rajkumar Gutti
This Query has 2 replies

This Query has 2 replies

08 May 2026 at 16:16

Conversion rate forex gain & loss

Ocean freight invoice date- 06/03/26
Bill of entry date- 11/04/26
Bill of lading date - 03/03/26
Ocean freight bill amount in USD
If we account for above ocean freight expenses
In INR from USD, which conversion rate to take.
Whethr Bill of entry or else & also in which accounting year account for the expenses.
Please guide
O


vipul Patel
This Query has 1 replies

This Query has 1 replies

07 May 2026 at 19:03

Tds on rent in non-audit case

tax year 26-27 me tds on rent in non-audit case, tds amount on rent payment - monthly or yearly.
agar monthly hai to challan me point no. 6 me is the income tax being deducted due to the end of the tax year or due to end of the tenancy- ye do option kyu aa rahe hai?
and no. 7 me bhi total amount of rent credited / paid during the tax year aa raha hai, but no.7 me total amount of rent credit/paid in last month aa raha hai.


Dipen
This Query has 5 replies

This Query has 5 replies

07 May 2026 at 14:31

GST Registration for rental income

Hi,

If rent from different properties exceed 20 lakhs , then while GST registration which address proof needs to be submitted?

Residential address of the landlord or any property address from which rental income is generated?
There are multiple properties from where rental income is generated

Please advice

Regards,


abhijit majumder
This Query has 2 replies

This Query has 2 replies

Sir

1. A issued cheque to B.
2. B submitted cheque to bank.
3. Cheque bounce and B returned cheque to A with intimation letter.
4. A again issued to B which again bounced and returned by B.

My queries are:
1. When I ask B for reason B told me that for taking cognizance U/s 138 requires 3 time bounce.
I never find it anywhere.
2. In this case for taking action U/s 138 counting of days (45 days U/s 138)starting from which date? ie after cheque bounce for 3rd time of after 1st time
Regards
Abhijit


Mahabir Prasad Agarwal
This Query has 1 replies

This Query has 1 replies

If a partnership firm pays rent to his partner exceeding Rs.50000/- p.m., whether TDS is applicable U/s. 194T ?


jaya
This Query has 3 replies

This Query has 3 replies

07 May 2026 at 10:59

Tds applicability on company

Hi,
if we put provision of an expense (from our regular vendor) on 31st march then the tds appllicability will come during that year or when we receive and consider the bill?


SARAN KUMARpro badge
This Query has 1 replies

This Query has 1 replies

1) As per the Income-tax provisions, can we pay TDS for both company and non-company deductees using a single Challan , or is it mandatory to use separate challans (0020 and 0021)?

2) Can we pay TDS for multiple sections (such as 194C, 194J, etc.) in a single Challan ITNS 281, provided the deductee type is the same?






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