In the case of a joint account with 2 holders where interest exceeds 10000 in a Financial year, how does one show the interest in income tax returns?

I read somewhere that it must be logically the first account holders.

A/C Type is: Either or Survivor

Since TDS is not deducted in the case of Savings Bank Interest, can one show it in the name of the second account holder (if funds actually belong to that person)?

Respected Experts,
I am cs professional qualified and doing my practical training under a PCS firm in Hyderabad. Along with corporate laws i am interested to make my command on taxation part so that i can do practice in it also. Kindly guide me in this regard.
Are the Certificate courses conducted by ICSI beneficial such as certificate course in GST, FEMA etc., in such courses do they also tell how to file different forms under GST , FEMA ?
Kindly let me know thanks.

Can partners get int on capital at different rates - assume 2 partners
Like one at 12%
Another at 6%

The deed says int on capital is paid as per provisons of income tax act

I filed return in July 2020 in ITR 1 for F.Y. 2019-20 and there is refund amount in my case. While afterwards i got to know need to file return in ITR 2 instead of ITR 1 so i revised the return on 30 nov 2020. The ITR processing completed on 4 dec 2020 for Original return (ITR1) and refund amount has been duly reflecting in 143(1) but no refund has been received and no revised return has been processed yet. Could anyone please suggest here.

Hi Sir,
I have one query, I have filed the last year return selection under section 44AD instead of 44ADA, but in current year I have filed u/s 44ADA, in future, will income tax department issues notice or is it ok.

My client has 15 cr as zero rated supply of services for the quarter Apr-Jun19 out of which 5 cr has been termed as time barred. His domestic supply if 6 cr and net ITC for the quarter is 40 lakhs. Refund sanctioning authority has sanctioned 10/16*30=18.75 lLakhs. That is, the zero rated TO has been reduced by time barred FIRCs (15-5=10)and the ITC also has been proportionately reduced by Time Barred FIRCs (40-10=30) and refund calculation done accordingly. Is it correct.

For the FY 2020-2021 ITC claimed in GSTR-3B Rs.3733460.00 but as per GSTR-2B it should be Rs.3438809.00. So, we have claimed ITC in excess 294651.00.
Please suggest me in QRMP system FY 2021-2022, how we should adjust the excess ITC claimed last year.

Respected Sir/Madam,

Greetings for the day. How are you All ?? Hope 'All are you Safe and All should be going Well at you End ??

I need more 'Clarity/Information' on:-

1) When a 'Sales and Purchase' Transactions take place and "Cr.Notes & a Debit Notes" is Involved:- Where does this 'Both get's Impacted / Affects as Well as Appears' in our "Books of Accounts" like:- 'in Trial Balance (or) P & L A/c (or) Balance Sheet' and 'What is the Treatment given against this '2' Notes............??

2) What will be the 'Effects / Treatment / Rules' in GST' Scenario ??

Can 'You Please throw Me more Lights (Clarity) on this recent Query.........' ??

Request to "Treat it as most Urgent and kindly give your Valuable Reply."

Be Safe and Take Care of You and Your Family.

May God bless Abundantly, be with All and have Mercy on All of Us.


Thanks and Regards
S.Sugadeesh Kumar

Sir
We are publication co. want to know if we print another out side news magazine ( Not. Regd.) or broucher etc from our printer on contract basis ( printer raised bill to us ) in this matter our company issued bill to another party what should be charge GST Rate and what is HSN Code ?


Thanks & Regards
Rajendra

dear sir, i am receiving income as brokerage.should i apply for gst no.and i have to pay gst ?also advice please is gst apply for payment of brokerage to person who has no. gst no.
with thanks