If we have purchase the goods of Rs. 40 Lac in September 2021 and we are purchasing the goods of Rs. 20 Lac from same vendor.

1. Then u/s 194Q the TDS liability would be on total purchase of goods Rs. 60 Lac?
2. Or TDS liability will be on difference amount Rs. 60 Lac - 50 Lac = Rs.10 Lac?

Kindly clarify.
Thanks in advance.

Hello,
I got an intimation u/s 143(1) where the income tax dept.is saying to pay tax. In the intimation, they have not considered my HRA amount also the index cost of the improvement is also not being considered. Now, what should I do?
( In Form 16 issued by my employer HRA amount is not mentioned ).

While uploading response for non filing of SFT, we are facing error after clicking on sumbit. "Error undefined" is the error we are getting. We have tried in all browser after clearing cache and reinstall the Ensigner also but no solution

If supplier didn't collect his payment for 180 days n paid off his local mumbai gst properly, does purchaser still have to reverse itc? There is no loss to gst department then y to reverse?
Supplier paid from his pocket gst

real esate brokerage recd...23 lac.........income under 44ad / 44ada
if 50%....11,50,000
sub-brokerage paid by chq.....15lac

can we show income below 5 lac.....after audit..???
any other ...solutions / pre-cautions

atul -- 9082921706 eml- look4u@rediffmail.com

Respected Sirs,

We have been running few proprietary concerns and few private limited companies and all are under 44-AB with the point of view of sales turnover. What will be the due dates for ITR and TAR in such case.

And if we are not under 44-AB, what will be the due date for ITR ?

Please guide me and oblige.

Yours Tarique Rizvi

982 1630 130

Assessee a senior citizen having business loss of Rs.1,78,287/- which is getting set off against Income from Other sources of Rs.1,99,452/-
From income from other sources interest on f d is Rs.91,855/- which qualifies for deduction u/s 80TTB

My question is deduction u/s 80TTB will be available for Rs.50,000/- or Rs.21,165/- (199452-178287)
Income tax online utility computes deduction at Rs.50,000/-

Dear Sirs,
One of my relative have received a gift from her father which was purchased during the year 1965-66. My query is for accounts
purpose we have to consider S.R.Value as on date of gift or the value of purchase deed of 1965-66, or INDEX VALUE as per Income tax act. Please give your valuable advise.
Thanks in advance.
K.B.Nagesha rao

Dear Sir, We Registered a LLP firm and get GST Registration before 2 month, but there is no transaction made till date due to another registrations work is under process. Now i want to know, should we file GST return or not?? Thank you in advance.

Sir/ Madam,

Please let me know, the GST impact on export/ import of software services or transactions.

Kindly guide me