what is accrued interest and whether it can be adjusted with bank received on due date.
whether Term Loan come under secured Loans.
whether we can take Loan against Property and Term loan also from same bank at the same Time.
I WANT TO FILE ITRU FOR AY 22-23( RETURN WAS NOT PREVIOUSLY FILED) BUT DUE TO TDS ITS RESULTING IN REFUND.
CAN I SHOW LESS TDS AND PAY 1000 ................WILL IT BE CORRECT WAY TO FILE RETURN???
Hello Everyone,
A company organised a event in the office "Award distribution and celebration". A company as assigned the task of event management like hosting, photography, some items like trophy etc.
The company has raised invoice and mentioned to deduct Tax u/s. 194C @ 2% ?
will it fall under section 194C OR 194J ?
I am suppose to purchase a mri machine of 2cr from a unregistered person..m i required to pay gst on rcm basis on that..pls clarify
On February month, 2025, one of my client was inadvertently paid the ITAT appeal fees for the Assessment Year 2016-17 under wrong column. The payment of Rs.10,000 was made through electronically. Since, the ITAT was to be filed, I made a fresh payment of Rs. 10,000 correctly and the application has been filed with ITAT. So I decided to go for challan correction which was wrongly paid by our client and I requested the IT department in writing to change the relevant year from 'AY 2016-17' to 'AY 2025-26' as 'Advance Tax' from 'Appeal Fees' so that the paid amount can be utilized for the current tax period. However, till now the challan was still not rectified. Is there any proceeding to be forwarded or it may take a time duration? Kindly rectify my query, it will be grateful.
Dear experts
ussauly partners withrawn every month for house hold exps and drwaings during the other purpose and credit the remunartion & interest on capital etc to capital accounts at end of year. In regrds of TDS under sec 194T, query is TDS is applicable on House Hold Exps and drwaings at the time of debiting the capital account or at time of credit the remunaration or interest at the end of the year.
Pl clarify.
Thanks
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FDR accounting group, whether it is true