If we purchase brass scrap from one seller and we provide Form - 27C to seller then we need to deduct tds under provision of 194Q above 50 Lakhs or not ?

Please advice me regarding what are the legal procedure and compliance relating if a private limited company has to acquire the business, assets and liabilities of a LLP with respect to ROC. What are the approvals required from MCA

I have yearly income of 482000 thus i am exempt from income tax. I have Short term capital gain from Equities of 17000 in this assessment year. However out of 17000 only 5000 is real profit rest of money is gone in brokerage while buying and selling. Thus i need to pay 15% tax on my STCG but under which challan no on income tax site to deposit this 15% tax. And please tell if anything wrong in my assessment

If we purchase brass scrap from one party and we provide Form - 27C to seller then we need to deduct tds under provision of 194Q above 50 Lakhs or not ? Please clarify.

Sir/Madam,
Is there any rule that the basic salary would be 50% only (and not more than that) of gross salary , if gross salary reached at certain limit???????????????

Dear Sir,

One of my client deals in land development and for the financial year 2020-21 he has sold land amounting to Rs. 1,35,00,000/- but has incurred loss of Rs. 80,00,000/- due to construction costs of other land purchased.

I want to know is Tax audit required to be done in this case. He has not earned any profit that year.

Please help regarding this matter.

Regards,
Divyesh Jain

In part A general, Return is filed by Representative assessee but the pan quoted in representative assessee field is not same as the pan who is trying to upload return.

I have selected Whether this return is filed by a Representative assessee? YES and filled detail of KARTA.

I have checked PAN no. of karta is same as filled for representative detail.

I have also checked with " whether this return is filled by a presentative assessee ? " - NO


Same message appearing .
I am unable to fix the error to resolve the issue.
kindly suggest resolution.

X Ltd. has 5,000 AC in stock on 31st March, 2019. The cost of each AC amount
to `10,000. There is firm commitment of sale of 1,000 AC by the company in
April, 2019 @ `15,000 per AC. However, the general price of this AC at year end
amounts to ? 9,500 per AC. Calculate the Value of Closing Stock as per AS-2

I have paid my vendor Rs. 92 Lakhs from Apl to Jul-21 out of which 55 Lakhs paid against last year outstanding and the balance against the purchases made in current year.

Total purchases made from him in current year is Rs. 37 Lakhs

Is TDS u/s 194q applicable ? if applicable at which amount and also share rules or guidelines

Regards
Vipul Acharya

Dear Sir
Kindly advice me to deduct TDS or not On Bill of ABC TRAVELS PVT. LTD. Bill Description is hotal booking at H.P. with room and meal plan.
We are a pvt. ltd. company and hotel booked for its Directors

Please advise tds will be deduct or not if yes under section ?
Thanks & regards