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Concept of GST
Indirect Taxation
answered on 16-Sep-23 06:57
Why is the cost for both manufacturer & distributor is ₹1,00,000/- while manufacturer charges 18% gst?
latest answer
Okay Sir...Got it
Soon to be CA
CA Inter
★ 4K+
2
404
Buy Back of Equity shares
Accountancy
answered on 16-Sep-23 07:14
“Current maturity of long term borrowings" Is it to be included (or) not to be included while calculation debt equity test
latest answer
Included. Current maturity of long term borrowings are Current liabilities under other Current liabilities
Ashfaq Ahmed
CA Inter
★ 3K+
1
316
Tds
Direct Taxation
answered on 16-Sep-23 18:41
How income tax department can know the income we're getting if those transactions doesn't attract TDS ? Can we make use of this as a loophole ? Say for example 194-I not attracted as rent p.a is below 2,40,000 So here TDS isn't attracted So, now what are the ways that income tax department can know about the income from house property (rent) which we're receiving ?
latest answer
Hmm fine sir I'll say what i understood; Assessee won't take that much of risk He always used to have a fear that what could happen if i get caught So that's why he never has that capacity to bear the risk involved in that activity
SAI AKASH GORU
CA Final
★ 750
9
476
Tds
Direct Taxation
answered on 16-Sep-23 16:35
Is there an individual person can be other than business or profession?
latest answer
👍
SAI AKASH GORU
CA Final
★ 750
10
480
Tds
Direct Taxation
answered on 16-Sep-23 16:28
There is One individual tenant who is not even having any business or profession Came to my property and asked for let-out for his residential purpose Do 194-I or IB attract even if rent exceeds specified limits (2.4L p.a,50k p.m) or not ? Is there any tds provision for individuals or huf not having any business or profession ?
latest answer
Then he must do TDS under Section 194IB if more than 50K per month
SAI AKASH GORU
CA Final
★ 750
3
447
Advance Tax 234 C Interest Calculation
Direct Taxation
answered on 16-Sep-23 17:19
What is the logic for Interest calculated for Q4 is 1 month in case of 234 C. Thank you.
latest answer
Thank you sir
Rajasekaran Suresh
CA Inter
★ 495
2
769
TDS
Direct Taxation
answered on 16-Sep-23 16:30
If tds isn't attracted to a certain transaction Then can Income tax department knows that I'm earning some income?
latest answer
Difficult to trace.
SAI AKASH GORU
CA Final
★ 750
6
422
Tds
Direct Taxation
answered on 16-Sep-23 16:29
I have two questions 194-I limit of 2,40,000 is per month (or) per annum ? 194-IB limit of 50,000 is per month (or) per annum ?
latest answer
2,40,000 is per annum. In 194IB it is more than 50K per month.
SAI AKASH GORU
CA Final
★ 750
2
413
Refunds under customs act
Indirect Taxation
answered on 16-Sep-23 16:25
Sir, Pl upload Theory Notes for Refunds under Customs Act,1962 - Final (Nov'2023 attempt)
latest answer
Theory notes for refunds is already there in the pdf notes. Kindly check. If not let us know we will upload right away.
Js Giri
CA Final
★ 40
1
465
Case study
Corporate & Other Laws
answered on 20-Sep-23 17:12
Please explain chinnaya vs ramayya ...like who is promisor and promisee ..in simple words
latest answer
Thank you so much vishnuv..நன்றி
Sonia
CA Foundation
★ 0
6
419