Hi,
Please clarify me on TDS to be deducted on transactions of 194C for the following case:
1.First transaction with a value of INR 19,000 dated 1.4.2018
2.Second transaction with a value of INR 50,000 dated 1.6.2018
Query:
Do we need to deduct TDS on both bills?

Can a CA-CPT clear student become a director of the company and what are the permissions, if any required to be taken from ICAI ?
In case if he is studying for CA-IPCC, can he become a director of the company and shall he be required to take permissions from ICAI?

Dear Experts,

One of my friends had got an intimation u/s 143(1) of the Income Tax Act, 1961 in respect of TDS credit mismatch between ITR and Form 26AS.

On getting the notice he:
1) once again downloaded the Form 26AS which was showing the same amount of TDS credited that was claimed in ITR (there was no mismatch now between ITR and Form 26AS)
2) so, requested to reprocess the return by this link on the incometax portal: e-File>>Rectification>>Request type>>Only reprocess the return
3) Today he also checked this link: My Account>>Tax Credit Mismatch: This was showing the message: TAX CREDIT CLAIMED IS FULLY MATCHED WITH TAX CREDIT AVAILABLE IN 26AS
4) But the tax demand is still outstanding
So, please guide what he needs to do now

Respected sir
our company has incorporated in december 2018 and applied for tan on 05.02.2019 .
Tan was alloted on 11.02.2019.
i want to ask whether company is liable to deduct tds for period from company incorporation to tan number allotment.
how can this situation will be dealt ?
please help me on this regards
Thanks in advance

Dear Sir/Madam,

We are in edible oil manufacturer and we received Brazing rod 40% AG Sliver material from supplier, which charged 3% GST and this material is used in our factory at chiller machines. Can we take input on this or not. Kindly clarify.

How do I notify/intimate the ITD that a fine under Section 234 E, which was to be paid due to late filing of TDS, has been paid by me?

If the ownership of house is on name of wife and she is housewife and husband is paying all the EMI's. Can husband can claim the deductions prevailing to house property?

Our business of courier agency
I want to purchase of bike, so can I get input credit on such bike.

Dear All

I have a query regarding the refund on gst paid on export without applying the LUT on the following matters -:

1. Is the assesse is entitle to claim the ITC paid on the inputs ? Is the output tax paid on the export is eligible to be setoff from  ITC

2. How the refund is applied ?

Thanks In Advance

Hi all,
Am an articled assistant and have registered for CS... But am not willing to pursue CS for now.... Should I inform ICAI about my registration? Its been 3 months since I registered for the same. Will there be any issue?