SAC No. 996412 - passenger Transport service
SAC No. 996601- Renting of motar vehicle
What is the difference. We confuse which service apply RCM & which is No RCM. How identify passanger transport service

Sir,
one of my friend has daughter . She is stay in Canada. She has currently getting income from rent Around 45,000 per year in India . She become Canadian citizen with in 2 month.
let's me know
1. If any problem after become Canadian citizen , she earn rental income in India.
2. best tax plan method which one .
Please advise
with regards
Binu

Ocean freight invoice date- 06/03/26
Bill of entry date- 11/04/26
Bill of lading date - 03/03/26
Ocean freight bill amount in USD
If we account for above ocean freight expenses
In INR from USD, which conversion rate to take.
Whethr Bill of entry or else & also in which accounting year account for the expenses.
Please guide
O

tax year 26-27 me tds on rent in non-audit case, tds amount on rent payment - monthly or yearly.
agar monthly hai to challan me point no. 6 me is the income tax being deducted due to the end of the tax year or due to end of the tenancy- ye do option kyu aa rahe hai?
and no. 7 me bhi total amount of rent credited / paid during the tax year aa raha hai, but no.7 me total amount of rent credit/paid in last month aa raha hai.

Hi,

If rent from different properties exceed 20 lakhs , then while GST registration which address proof needs to be submitted?

Residential address of the landlord or any property address from which rental income is generated?
There are multiple properties from where rental income is generated

Please advice

Regards,

Sir

1. A issued cheque to B.
2. B submitted cheque to bank.
3. Cheque bounce and B returned cheque to A with intimation letter.
4. A again issued to B which again bounced and returned by B.

My queries are:
1. When I ask B for reason B told me that for taking cognizance U/s 138 requires 3 time bounce.
I never find it anywhere.
2. In this case for taking action U/s 138 counting of days (45 days U/s 138)starting from which date? ie after cheque bounce for 3rd time of after 1st time
Regards
Abhijit

If a partnership firm pays rent to his partner exceeding Rs.50000/- p.m., whether TDS is applicable U/s. 194T ?

Hi,
if we put provision of an expense (from our regular vendor) on 31st march then the tds appllicability will come during that year or when we receive and consider the bill?

1) As per the Income-tax provisions, can we pay TDS for both company and non-company deductees using a single Challan , or is it mandatory to use separate challans (0020 and 0021)?

2) Can we pay TDS for multiple sections (such as 194C, 194J, etc.) in a single Challan ITNS 281, provided the deductee type is the same?

If a person buys through Stock Exchange Listed 10.75 IFCI Bonds due for redemption on 1.8.26 at Rs. 44000 ( Face Value Rs. 10000, with a tenure of 15 years) which are to be redeemed at Rs. 46255/- only on 1.8.2026, will he be taxed on Rs. 36,255 as Interest under Income from Other Sources or on Rs. 2,255/= only as Interest,i.e., being the difference between Redemption Price and Purchase Price. Since these are not Zero-coupon Bonds, these are not eligible to be shown as Short Term Capital Gains if held upto maturity. Shall be grateful for Opinion.