Respected Sir Please guide me and oblige.

Depreciation as per books Rs. 15,01,558 Dr (a)
Depreciation as per IT Rs 13,41,399 Cr (b)
Credit Balance Rs (-) 160,159 (b-a) = C
Deferred Tax Liability Net Rs 41,241 ( 25.75% of c )
But the CA has calculated as of Rs 40,082

Please guide and let me know which one is correct ?

Dear Sir,

If a Governmental Agency is providing exempted goods and charging late payment interest from the customers will the interest be covered under GST?

Outward supply is wholly exempt.

Please advise

Mrs X was employed with Accenture and was paid salary. Recently she shifted to Hongkong with husband. Company now want her to register for GST bill them with GST number. Please guide me with the type of registration and which address to be mentioned and invoicing type (IGST or C/S GST) invoice, bank details..and other procedure which I might have missed

thanks in advance

We have issued a Work Order to OEM (Only Equipment Manufacturer) Vendor for "Hiring of Services for Repair/Restoration of Wind Electric Generators". The Work Order is of two parts (1) is Refurbishment of Materials and (2) is Refurbishment : Service Part. these can only be done by the OEM but not others.
whether the Services are liable for TDS u/s 194c or 194J? Also pl. advise whether both Supply & Service parts are liable for TDS or only Service part.
kindly advise
regards,

A company hold GST Number and sold old car with profit.

any GST liability on company.. please reply as per rule or provisions applicable on company .

Sir / Mam
We are Private Ltd. We are in position to show the provision for income tax up to Rs.14,00,000/- in the final report.

Our Auditor has advised us to show it in Profit and Loss account from the account of TDS receivables of Rs. 25,92,321/- as on 31-03-2021.

That means, he tells us to pass a contra entry between P & L account and TDS Receivable account.

As this is very first year of filing, Plz advise us whether this concept is correct or not.

Thanks in adv

Hello All
My client has given his residential property on rent for Rs60000- pm to an individual.
I want to know:
1. Is there any tds applicablity on the tenant. If yes how much tds he will deduct monthly or annually?

2. If the commercial shop is given on rent then what is the applicablity of TDS on the tenant who is individual..

Pl advise.
Regards

M/s XYZ Pvt. Ltd., in the normal course of business, obtain funding from bank in the form of fund based as well as non fund based. Bank levy bank charges, processing fees, etc. On this TDS is not deductible.



Now, say M/s XYZ Pvt. Ltd. is in requirement of more funds and bank is not funding the requirement. So M/s XYZ Pvt. Ltd. goes to say M/s PQR Pvt. Ltd. who has bank facility available. They enter into some common agreement wherein PQR Pvt. Ltd. will provide required bank facilities to M/s XYZ Pvt. Ltd. and in turn M/s PQR will charge some amount to M/s XYZ (the amount they would have paid to Bank if Bank would have given facility). 

Now, this will be Expense under books of M/s XYZ.. Whether on this expense TDS is to be deducted? 

Hi

I have query, proprietor has two GST registrations one in Delhi another one in Bangalore on one PAN. Now proprietor import goods in Delhi from outside India on Delhi GST registration. Half of the goods sent Bangalore for sale, now can IGST import be used for set-off against the output liability of Bangalore's sales.

dear experts,

i have a quary regarding TDS deduction we have raise a commission bill to company date 04 april 2021 but company has deduct TDS in march 2021 we have not shown this bill in march gst return or not booked as our income in march can you pls guide me what should i do


thank you