From 01 april 20 section 194 J has 2 rate (2 % and 10 %). if Invoice is of April 20 but service is of Mar 20, then tds will be deducted from old rate or new rate.
Please also provide any FAQ, Clarifation from Income Tax department regarding when new rate will be applcable from the date of invoice is 01 april or when service is of april 20.

We are 100% EOU, exported material for job-work & return (not a sale transaction). Now due to Covid-19 we are unable to bring back the material to India, instead we export directly to customer in another country. We need to pay to the job-worker to release the material. We are paying as A2 payment with TDS, but bank is not releasing payment saying material is not coming back to India.

What is the way-out? Banks are not allowed to pay if material is not coming back to India? How to handle the case?

Hi

I have sold one property in 2019 nov. Bought new property in march but due to lockdown cannot register the property.

So should i put the remaining amount in capital gain account as cannot register the property or is there anyway i can delay registery due to lockdown and let money in my personal bank account.

As i dont want to put money in capital gain account and register property once lockdown os over and court is open.

Thanks

Hello,

Can anyone please tell me is 'Self-attested scanned copy of License' in ICEGATE registration documentation same as IEC certificate?

Thank you.

Accounting entry for the land purchase from general reserves.

SIRS
ONE OF THE OUR CLIENT EXPORTED THE GOODS UNDER LUT. BUT FORGET TO FURNISH THE LUT IN THE GST PORTAL FOR THE FY 2019-20. HENCE, HOW TO APPLY THE REFUNDS ON EXPORTS WITHOUT PAYMENT OF IGST. WHETHER APPLY EXPORTS REFUND ON WITHOUT PAYMENT OF IGST OR REFUND ON INADVERTENT TAX STRUCTURE. PLEASE CLARIFY

CURRENT FY 2020-21 WE CAN FILE THE LUT. BUT PREVIOUS FY 2019-20 NOT RENEWED.

CIRCULAR NO.37/18 IS APPLICABLE TO FILE THE REFUND IN THIS SITUATION.
ANY OTHER NOTIFICATION/CIRCULAR AND AAR AVAILABLE FOR THE SAME.
PLEASE CLARIFY
REGARDS SR

Hai
I have completed 7 months of articleship .I need to take transfer but my principal not giveing transfer for me , for the last one month I am Waiting for his consent but still he not suppose to give transfer.
Please guide me ..

Can we utilise share application money before allotment of shares under Rights Issue?

Hi,

By professional, I am a software engineer(BE in CSE) and interested in doing CA. I want to know the complete procedure how to do CA. where will I need to register? What all exams will I need to give.
Will I eligible for the exam.

Overseas party has billed to us (India) and shipped to overseas (Germany), so there are two invoices one is Overseas to us and second export invoice from us to Germany, shipping bill is not made as goods not reached to our India territory, here what will be GST impact on this