Our client had paid Rs 2 lakhs to linkedin under recruitment expenses, TDS was not deducted on it under sec 194J .. Whether TDS is applicable on such expenses or not..

We have received courtesy letter and order from Vat Department for the Financial Year 2008, 2009, 2010. We replied them by writing email and post and also physical visited to the department 3, 4 times. We have already paid all due as per order and we have been send copy of challan to the department, because of the challan not updated in their record we are getting outstanding tax liability order from them. is there any option to clear all this ? can we clear this by amnesty scheme form with uploading documents ??

Sir,

I require clarification regarding TDS applicability in respect of the following situation. One of the director of a company went to business tour abroad. The package was managed by a tour operator and got invoice from the party mentioning service as International Tour under SAC code 998555 and they were collecting TCS @ 5%. In respect of that transaction, whether I have to deduct TDS again.?

Greetings

Can you please share a IS Audit checklist for banks?

Anand

Dear Sir,

Our directors are going to abroad for a business trip. They carried AED.20,000 to meet the expenses in cash. Once they are back, the remaining balance is AED.5000 only. Please advise on the accounting treatment.

Initial Balance - AED.20000 ( I think spot rate at the time of buying currency by the bank)
Expenses AED.15000 ( May i know, which rate we need to book the expenses)
Balance amount- AED.5000 ( Rs. 1 get gain on currency valuation, while currecy return to local bank in India)

If the company chose to hold the currency for this Fin year, which rate should i show in the accounts)

Normal business expenses

Thanks
Sarath Kurian

Can the profit from the sale of Rural agricultural land be deemed as agricultural income?

SIR,
Assessee cash gift to wife value rs:40 lacs after clubbing income show in husband it returns .
Question:
Assessee clubbing income transactions closed procedure in books and it returns.

Suppose GST availed is Rs. 200000/- for 2018-19. Utilised the whole ITC for outward supplies during 2018-19.

Later on found, ITC Rs. 200000/- availed was ineligible/wrong availment.

Whether:-
Reversal of ITC alongwith interest would suffice or whether Cash payment (from ECL) has to be made for outward supplies already made in 2018-19 utilising wrongly availed ITC.

Can you tell me whether I can include the following matters in one Supplementary LLP agreement and filed one LLP-3 Form

1. Retirement of one partner (there are two partners in the LLP)
2. Admission of new partner in place of retiring partner
3. Change of registered office.
Thanks,
P.C. Joshi

What is the procedure for filing revised tax audit report ?