Dear Sir/Ma'am,
Actually, I want to some doubt clear with you, I have finalized my pvt ltd company books of account and My auditor have aleardy passed some provision entries in my books of accounts as on 31-03-2023(2022-23). Auditors have pass the the some provision entry in my books of Accounts. Audit fees Dr. 100000.00 To Tds on Audit fees Cr. 10000.00 To Audit fees Payable Cr 90000.00 (Provision due for the year) Please clear my point what is the releveance of entry as of now going of month october, 2023
and my auditor giving me the bill of Rs. 1 lac (no charge the gst in the invoice) So, now this month What kind of entry passed in my books of account in this related provision and and which month & Quarter i deposited the Tds amount and return (2023-24). can i have to file the tds return third quarter 2023-24 nethier 2022-23 quarter-4.
Please assist us for giving me the practical example. Please

Under 54F, total sale proceeds was deposited in capital gain deposit account as mentioned below.

Sale value = 25 Lakhs
Purchase value after indexation = 10 Lakhs
Capital gain amount = 15 Lakhs
Amount deposited under CGAS: 25 Lakhs

I am unable to use the complete amount even after 3 years.
What is the tax implication now?

What is the due date of itr-7 for a. Y 2023-24 . If an assessee not liable to audit . Is it 31st oct Or 30th nov?

I have following queries in respect of our section 8 company which is registered under 12A-

1. When a trust receives corpus funds, they enjoy tax exemption when these funds are invested in the manner prescribed by Section 11(5). However, what happens if the corpus funds are not invested as specified under Section 11(5)?
2.Can the trust utilise the corpus funds for charitable activities of the trust?
3.If the trust earns interest or dividends from these corpus funds, can they reinvest these earnings and claim an income tax deduction, or they must spend the interest or dividend directly on charitable activities of the trust (85%) ?
4.What is the tax treatment of capital gains in case of charitable trusts?
5.Can charitable trust invest corpus fund in equity shares or mutual fund?

WHILE CALCULATING BOOK PROFIT U/S 115JB "UNABSORBED DEPRECIATION OR BUSINESS LOSS WHICHEVER IS LOWER" IS TO BE DEDUCTED FROM NORMAL PROFIT FOR THAT IF CARRIED FORWARD BUSINESS LOSS IS ZERO AND UNABSORBED DEPRECIATION IS THERE,
THEN UNABSORBED DEPRECIATION IS TO BE DEDUCTED OR ZERO FIGURE TO BE DEDUCTED?(BECAUSE BUSINESS LOSS CARRIED FORWARD IS ZERO)

I have a rice mill in which my company manufactures rice and rice bran . There is no GST on rice, however there is GST @ 5% on Rice bran. I want to claim ITC on miscellaneous consumable expenditures incurred. Is it possible to fully claim of ITC ?

Dear Experts,
1 A company remits the amount of Rs 25,000.00 on the date of 07-08-2023 for receiving the service from a service provider.
2 After a week, again the company paid the amount of Rs 20,000.00 on the date of 14-08-2023 to the same person.
3 After completion of the service, the service provider issues the singe invoice which bearing the taxable value of Rs 40,000.00
4 The query
Whether the company has the responsibility to deduct the TDS u/s 194C
Pls Clarify

I know that gst on legal services is collected from business as in case of reverse charge mechanism when the advocate firm has not registered but If the business availing legal services is also not registered then no one will pay gst am I right ? and why gst on transfer of FSI index is collected from promoter what is logic behind this ?

"I have purchased a property with a cost of 1 crore INR. "
1. I paid a 10% booking amount, excluding 1% TDS, on 9th October 2023.
2. The deadline for filing TDS is before 9th November 2023.
3. As of now, I haven't received the allotment letter or the agreement.
4. In the form, for the "Date of Agreement/Booking" field, which date should I enter?
5. In the "Date of Payment" field, which date should I enter amount transfer date or the receipt date .

Is it necessary to fill schedule-CFL with every ITR to carry forward losses of previous years?
(Or)
Is it necessary to fill CFL only when BFLA is in use?