My client has purchased One property for the total sum of Rs.1,50,00,000/- . There will be one sale deed executed by e five sellers of the property means share of each seller comes to Rs.30,00,000/- . Should I deduct TDS @ 1% and fill form 26QB against this transaction.

I am a partner in a business and all the investment belongs to the other partner. It is just an investment and our partnership share is 50%-50%. So can I get a salary from it?

After filling the first page of F35 with DIN of the Order against which Appeal is filed, Date of Order and Date of service of Order, i am getting an error message "No matching data found for the given details. Do you want to continue?". The Rectification Order I want to appeal is Dated 12th November 2024 and the Date of Receipt is also 12th november by email. I am logging in almost every day to complete filling and filing of F35 but i continue to get the same error.I have raised a grievance in this regard in the Portal on 21st November 2024 which remains unresolved while the last date to file Appeal is fast approching.

VSV SCHEME 2024, IS APPLICABLE IN CASE OF APPEAL FILED BY ASSESSEE AFTER 22/07/2024?

WE OPTED 44 AD
AND PAID TO SALARY TO EMPLOYEE 30000 PER MONTH
WE ARE LIABLE TO DEDUCT TDS UNDER 44AD RETURN
THANKS IN ADVANCE

If an NRI is employed in USA for a US company for salary and lets say later it turns out that the US company is controlled from India, Is that income considered income from business controlled from India for the NRI?

Hi
GSTR9 & 9C FY 2023-24
GSTR1 - IGST payable 100 ( CDNR 2 Rs. taken fy 2022-23) shown excess liability last yeast
GTR3b - IGST Payable - 98 ( March 2023 CDNR taken in April 23) less liability this year

in GSTR9 - Table 9 - Tax payable should be 100 or 98 - as payable is 100 (4N) and paid is 98 (Table 9)
in GSTR 9C - Pt III(9) - which amount to put in P and Q

Auto-populated GSTR9 shows - 98
where to show this 2rs difference in GSTR9 and GSTR9 C

Thank You

If a company purchases a battery and an inverter is it considered a fixed asset?
If yes then what is its useful life as per Companies act 2013?
And both battery and inverter liable to depreciation?

Hi team ca club India,
We are from KNM India. I’m reaching out to check if you are accepting content from guest contributors on your website.
We are trying to establish ourselves as a helpful, trustworthy brand, and we think the best way to do that is through quality content.
If you do publish content from guest authors, I would love an opportunity to be one of them.
I don’t mind discussing topics that are good fit for your audience.
Looking forward to your thoughts,
KNM India

Purchase bill dated in March,2024 and bill is reflected in GSTR-2A of April,2024.
Shall we claim such ITC after November,2024?