Rahul Singh
14 January 2022 at 13:45

Igst on custom duty of product

i ordered a product out of india and postman charged igst and custom duty. how i can take credit of that igst?


MAKARAND DAMLE
14 January 2022 at 12:53

TDS on IGST

Recipient of our service has deducted TDS @ 2% on IGST charged to them on our bills.
This TDS is visible in GSTR 2A

My question is how credit for this tds can be taken by us while paying out GST liability ?

Also is there any time limit to claim credit for this TDS ?


M S REDDY

Dear Sir,

Having a File maker software for Doctor profession / company, for this file maker software development services we are paying in USD (Centre for Assisted Reproduction) for Research data Analysis and development tools in file maker.
we will book as Fixed Asset or Research and Development expenses, please advise me


Kollipara Sundaraiah online

Sir,
Q.no. 1.assessee taxable income rs:50 lacs above which type of assets show in itr(jewellery, properties only)
Q.no.2 accounting entry passed pf and esi and salaries paid to employees.


M S REDDY
14 January 2022 at 11:48

Fixed Assets - UPS Batteries

Dear sir,

In a company or Individual - purchased UPS Batteries life time 3 to 5 years (1 year warranty) booked under fixed assets (Plant & Machinery 15%) , and after 3 years we purchased new batteries, then the old batteries not written off and continues to claim the Depreciation, is it right as per act , please suggest / advice


CA MAYURKUMAR PARMAR

FACING AN ISSUE WHILE SUBMISSION OF E FORMS ON MCA - PLEASE SUGGEST RESOLUTION
SECTION 8 COMAPNY REGISTRATION
MY SEQUENCE OF FORMS TO BE UPLOADED ARE AS UNDER:
1. SPICE PARTB
2. MOA (PHYSICALLY SIGNED)
3. AOA (PHYSICALLY SIGNED)
4. AGILE PRO
5. INC9



Proloy Samaradivakera
14 January 2022 at 10:27

Tax on Buyback of Shares

I have bought shares of TCS in year 2008. TCS is coming out with a share buyback scheme and has announced it on 13Jan22. If I participate in the share buyback scheme and sell my shares through this facility, do I have to pay any capital gains tax? Or the full proceeds, irrespective of the amount is fully exempt from any tax at the hand of the shareholder?


Kasiraj Gurusamy

Received partial payment from DHFL FD & NCDs. To my earlier query on this topic, Shri Dhirajlal Rambhia has already clarified that any loss on this can be claimed for CG calculations. FD maturity date was 07-Jan-2020 and two NCDs are due to mature in 2026 & 2028. Partial payment was received on 29-Sep-2021. Please clarify this loss in principal will be treated as STCL or LTCL. Thanking you in advance. Kasiraj G


Chaitanyaa

What is the exact difference between accumulated depreciation and depreciation reserve? May some explain in detail?


Amit Bansal
13 January 2022 at 17:21

TDS on payment to Nepal

I am Indian company, i have taken service as freelancing from a Nepali person
The payment is above Rs. 30,000

As an Indian Company do i need to deduct TDS and at what rate
Is there any other compliance to be done.






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