We are running a professional firm. We have clients in different States. If we send any outsider professional on our behalf to other state for resolving our clients problem and we booked a flight ticket for that professional through our corporate credit card. So do we need to deduct and deposit tds 194r on flight ticket as the tickets is in the name of that professional.

How to respond to order under clause (d) of Section 148A of Income Tax Act,1961.

In a partnership firm, most of the fixed assets (except one office premises) has been sold out upto F.Y. 2021-22. No manufacturing activity in F.Y. 2021-22 & 2022-23. Bank Charges, Prof. charges etc. paid in F.Y. 2022-23, whether can be claimed as business loss after adjusting interest income of Rs.4,000/- and such loss can be carried forward in next year?

A person purchase Raw tobacco from Agriclturist through Commission Agent. Agent Sent goods via Delivery challan on his letter head mentioning Name of Agriculturists & Quantity. E-way bill for inward supply generated on the name of Agent.

Agent seprately generating his invoice for commission.

Total Payment is being made to the agent.

Purchaser paying 5% under RCM and at the time of supply 28%

Is it the right treatment?

Kindly guide with provisions.

Is the client is responsible for deduction of TDS on demurrage charges ?
If yes under which section ?

there is exempted sale of rodtep , where to show such sale in gstr 1

Dear Sir/Mam,

Can anyone give example for significant influence by statute or agreement.
Does Board of Directors appointed through resolution means significant influence by agreement

Please resolve the same as soon as possible

A person is puchasing Raw Tobacco from Agruculturists through commission agent. Commission Agent giving Delivery challan on his letter head detailing name & quantity of all the agriculturists.
E - way bill on inward suppy is genereated on the name of Commission agent.

Total amount paid to the agent. Agent seprately raising his invoice for commission from the receiver.
The turnover of agent is below 20 lacs so he is not registered under GST.

The receiver is paying 5% GST under RCM and raising invoice with 28% gst on supply of Raw tobacco.

Whether this is correct treatment or any changes has to be made?
Please guide with some supporting provisions.

I am unable to open the excel utility of ITR for AY 2023-24. The following message pops up everytime I try to open the file.
"Excel found unreadable content in 'ITR4_22_23_V1.3.xlsm'. Do you want to recover the contents of this workbook? If you trust the source of the workbook, click Yes."
What is wrong and how do I resolve this?

Hello Sir

Please clear my doubt about tds on salary.... net salary is 430000 after all deduction like standard ded., home loan , lic etc. Please clearify tds deduct on 430000 or not. If not please clearify why.