Hi,
When I had TDS deposited under challan number 281 for the M/o Feb 2020 then we had been value input in the challan Income tax head instead of surcharge. So, my questions is when we can be TDS Return file against TDS claim under Income tax head.

Regards
Rohit Bhatia

Dear Experts,

Kindly share your views on applicability of withholding tax for the below one,

Company has to pay shipment transportation charges for exporting cars to outside India. Transporter is one of the associated enterprise of the company. As per service agreement company has to make payment as per DA Conditions. In case company unable to make payment they will allow to extend DA condition for few days as per the agreement. We have to pay Interest for the extension period. My query is whether this Interest for extension of DA is liable to Tax u/Sec 195? Kindly suggest me what are the tax implications for this.


Thanks & Regards,
Dharani

ARE RENT RECEIPTS MANDATORY FOR HRA EXEMPTION OR RENT AGREEMENT IS SUFFICIENT?

I made import of goods from Thailand on 20.04.2020. The invoice was in dollars
The goods were cleared from customs on 25.04.2020.
Query:
1. Date of purchase in the books of account will be 20.04.2020 or 25.04.2020?
2. ITC will be taken on the basis of this date.
3. Currency rate as on 20.04.2020 or 25.04.2020 have to be taken for recording the puchase in books of accounts?

A trader is involved in trading of variety of goods belonging to diff HSN & GST rates. When we file GST return, accumulated ITC and output liability is being shown of all categories of goods.
Can he set off ITC of IGST paid at the time of import with other goods(not imported) in which i am trading.

Dear sir

I need to create the ledger of Shrre Ganesh Je Maharaja Rs.1.25/- But i am unable to select group so please requeest to in which group in create the same ledger

GOOD AFTERNOON,
I HAVE REGISTERED MY FIRM IN MEF PORTAL , I FAILED TO NOTE THE UCN , KINDLY HELP ME TO FIND THE UCN ALLOTED TO MY FIRM.

THANKS

Dear Professional Colleagues

Some of our clients forgotten/unknowing to deduct the tds from the creditors but after we find, then they deduct the tds and file the Tds return(which is very small amounts like Rs.500 in 194 c) , now the problem is they did not enter this tds adjustment entry in the books of accounts as they have alredy paid full amount to the creditor(if they entered in books then that small amount of tds remain shows receivable from that creditor), is it acceptable or not, because as per the tds section total tds paid and tds return filed.

please clarify my doubt Thanks in Advance

Dear Sir,

in the month of May' 2020 we are issuing salary for the month of march'2020. while paying salary Which TDS Rate ( 10% or 7.5% ) should be applicable for professional charges.

Kindly advice.

Regards

R.S.Pandi

Dear Experts,
We entered into contact with govt body with contract value above 2.5 Lakh, however contractee has deducted 2% TDS which is also being reflect in our 2A,

You are requested to clarify the procedure to claim the ITC of TDS deducted by contractee,

Thanks
Karan