Lakshmi

Hi. Its urgent!!!

We have purchased a coffee machine for our office.

Is TDS applicable for the same?

If yes, can you please share the rate so that it can be deducted before payment?

Thanks in advance!


Anil Sharma
21 March 2023 at 11:41

GSTN-EXCE2003

Something seems to have gone wrong while processing your request. Please try again.If error persists quote error number GSTN-EXEC2003 when you contact customer care for quick resolution.


Sai Ravi Teja Bannuri

What are the articles that exempt for section 8 company in table f and where can i find this Table f with these article numbers


Neha Agarwal

Respected members,

Can I convert my proprietorship business in to HUf? What are the process steps? Should I need to obtain a different trade licence?

Please Guide


Daya

While maintaining books of accounts of shares
maintain through investment
or
By Purchase and sale
My another question is that
Which method follow to maintain books of accounts ,
FIFO, FIFO Perpetual or Average cost.


Sushil Kumar Jain

I made a Fixed Deposit of Rs. 1Lakh at a contracted @7% for a tenure of 3 years on 1April 2021 in a private bank.
However due to some reason i prematurely closed the Fixed Deposit on 3April 2022. Being premature closure,the interest rate paid by the bank was reduced to 5% for the FD deposit period viz. 1April 2021 to 3April2022.
But the Bank had already deducted TDS each quarter of FY 2021 starting April2021 till 31March2022 on the interest paid @ 7% and the same had been deposited to Income Tax Department and also being duly reflected in the 26AS against my PAN for all these 4 Quarters of FY 2021_2022 (AY2022-2023).
Now the issue is as actually my actual income is less than the income reflected in 26AS, i am entitled to pay less income tax and so claim partial refund of TDS reflected in 26AS.
Please advise how to treat this TDS in my income tax return filing for the AY 2022-2023?


Pradeep sen

now a days everyone talks about sharktank
my query is related to this
suppose a person invested 1 crore for 1% equity in ABC pvt ltd.
the existing authorised capital of the company is Rs.10Lacs equally holded by A & B. i.e. 50000 shares of Rs.10 each by both of them.
1. what will be the treatment of that equity investment.
2. impact on authorised capital of the company.
3. what will be the capital structure of company.


Pradeepa B K
11 March 2023 at 17:10

RCM TAX ON TRANSPORTATION

DEAR SIR
WE HAVE NOT PAID RCM TAX ON TRANSPORTATION FOR LAST TWO YEARS.
PLEASE SUGGEST ME HOW TO RCM PAID AND ITC CREDIT TAKEN NOW.


rajesh behl

A Resident assessee opened a saving account in Singapore(Currency US$).
and tfd funds from India. Then he purchased share in New York Stock Exchange. On selling those shares he earned STCG of USD 2000 and LTCG of USD 3500.

Now I have 2 questions :-
(1) what will be the taxability of these gains in India ??
(2) Can he send the sale proceed from selling the shares to his son residing in Australia as Gift ??


Prashant Balkrishna Thanekar
11 March 2023 at 11:13

Regarding Tds on warranty

we have extended warranty of car for rs.130000/-.Is TDs is applicable on it and if applicable under which section. Kindly explain






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