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07 April 2020 at 20:04

Regarding 80c query

Dear members,
I am a salaried person and want to know that only the investment made through my salary aacont is eligible for deduction?
Suppose if I have a other bank account in which I have some saving amount lying and I purchase nsc worth Rs.50000 by debiting this accout,will that be eligible for deduction?


Hello,
I want to know meaning of certain words in law such as:
1. Any section beginning with "Subject to provisions..."
2. Not withstanding anything contained in this law ...
3. Without prejudice to any provision....


07 April 2020 at 17:58

Freight/ Transport charges

Dear Team,

We are a manufacturing company from Telangana.
Can you please advise under which head in tally should we enter Transport/ freight charges for export sales?
We export the manufactured product wherein a few cases the client pays us the transport charges and we pay it to the transporter, hence generate an invoice for transport or freight charges also to the client.
Should it be under direct income or Exports?
Should this value of transport be added to the value of exports for that year ( i.e., if we are considering value of exports for a financial year should value of transport invoice also be added to exports )?


Whether figures in table 13 are to be same as in raw C of table 8.
Under GST ACT WHAT IS MEANT BY ' PREVIOUS FINANCIAL YEAR AND CURRENT FINANCIAL YEAR IF I AM PREPARING FOR GSTR9 FOR THE PERIOD 2018_19 IN THE month of April 2020 ie in 2020-21


07 April 2020 at 15:21

GSTR9

I am preparing GSTR9 for F.Y 2018-19.In table 6 figure in 'B' row contain ITC availed for the FY 2018-19 + ITC received in 2017-18 but availed in 2018-19. figure of this raw is auto carried to row B of table 8. Here it is compared with the figures generated by GSTR-2A. As figures of GSTR-2A is in respect of 2018-19 only, a negative difference is bound to reflect. My question is how and where this difference should be explained in this return.


07 April 2020 at 15:15

GSTR9

I am preparing GSTR9 for F.Y 2018-19.In table 6 figure in 'B' row contain ITC availed for the FY 2018-19 + ITC received in 2017-18 but availed in 2018-19. figure of this raw is auto carried to row B of table 8. Here it is compared with the figures generated by GSTR-2A. As figures of GSTR-2A is in respect of 2018-19 only, a negative difference is bound to reflect. My question is how and where this difference should be explained in this return.


07 April 2020 at 14:35

Dividend distribution tax interest

Dear sir,

I have tfd to shareholder to 19 lac to two shareholder according to income ddt tax rs.390551/- in corporate company dividend declare dtd as per resolution 12 March 2020 how much the interest amt till dated on 14 th April 2020 after lockdown finish according to 1 % interest will be waiver or not and how much amt of interest will be paid


07 April 2020 at 14:15

Payment of salary in cash

Can we pay salary in cash for above 10K?


07 April 2020 at 14:12

TDS on advance

We have paid Rs 3,00,000 to catering business and taken TDS at 1% on 19-03-2020 for FY 2019-20. 
Now catering fellow as given bill dated 04-04-2020 for FY 2020-21 for Rs 8,00,000/-.



What to do now?

We need to take TDS for Rs. 5,00,000/-


Hi

I have applied form 26QB on 24th March 2020. OLTAS has confirmed amount matched for 800 TDS on Sale of Property/ Commodities Transaction Tax on 26th March 2020 received by TIN.

Today is 7th April 2020 still I get message in Remarks Column "No Data Available for Specified Assessment Year, Acknowledgment Number and PAN of Seller. Please resubmit the request again." This is happening for past 7 days.

I have a query is Form 16B manually updated backend so that it is available for download in TRACES or is it automatically updated. I never had this kind of issue in past. I do not even see any kind of place where I can raise my query or complaint for the non availability of Form 16B.

Please Advice. Thanking You In Advance.



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