CAclubindia.com

TDS on payment to a non resident

Wed, 30 Sep 2026 13:06:20 GMT

Dear ExpertsIs withholding tax required under section 393 (previously section 195) on payment to a non resident for purchase of an item which is treated as fixed asset in books of the indian company?RegardsCA Dipjyoti Majumdar

NSFA(National Food Security Act) commission

Tue, 29 Sep 2026 18:35:50 GMT

Is the commission earned by an NSFA agent (fair Price Shop) exempt from gst ?

RCM applicability on petty GTA freight (and#8377;450) and ITC eligibility

Tue, 29 Sep 2026 17:54:32 GMT

Dear Experts,Need practical guidance on a GTA reverse charge query: * Situation: We (GST registered) bought construction materials from another state. Road freight of ₹450 was paid directly in cash to the transporter (GST registered). * Issue: The transporter

Short payment reccieved in export andamp; GST implication

Tue, 29 Sep 2026 16:24:56 GMT

We are exporting goods on payment of IGST and subsequently claiming a refund of the IGST paid on such exports.Recently, one of our export customers has raised debit notes amounting to ₹62.00 lakhs towards warranty claims. No material has been r

Parag Gupta vs Purushottam Aggarwal- who is best for CA Inter Costing?

Tue, 29 Sep 2026 15:33:05 GMT

I’m confused between Parag Gupta and Purushottam Aggarwal for CA Inter Costing. Both seem to have good student feedback, but their teaching style and approach may differ. Which faculty should I consider based on concept clarity, practice, revision, and exam preparation?

GST applicability on own-vehicle goods transportation and#8211; GTA or Non-GTA?

Tue, 29 Sep 2026 10:58:31 GMT

I need clarification regarding the GST treatment of our goods transportation activity.Our company is a Private Limited Company and GST registered. We have our own goods vehicles: – 12 Wheeler – Passing Load 25 Ton – 12 Wheeler – Passing

FAST DS Scheme 26

Tue, 29 Sep 2026 10:30:15 GMT

I have received SMS from IT system that they have info on foreign asset held by me and should avail the FAST DS 26 scheme. I had opened an account in ICBC Bank in China during a visit in 2018 with intent of doing some business but due to Covid I did not visit again and by now the account would ha

12A registration expired in FY 22-23 and is not renewed by mistake .

Mon, 28 Sep 2026 18:59:30 GMT

Sec 12A registration expired in FY 22-23 and is not renewed by mistake. But audit report under sec 10B is submitted for FY 23-24 and FY 24-25. Return also submitted claiming exemption. Now applied for renew of registration. Is it advisable to submit the return for current AY as AOP . Also whether

Seeking Clarification on Business Code Selection and Section 44AD Eligibility for Freelance E-commer

Mon, 28 Sep 2026 17:27:58 GMT

"Dear Sir/ma'am,I am planning to structure my business operations for the upcoming financial years and require your professional guidance regarding the correct Business Code selection, ITR form, and applicability of the Presumptive Taxation Scheme.Here is the exact layout of my business model:Act

CG on property sold after construction of a house

Mon, 28 Sep 2026 16:36:39 GMT

Hello Members,I have query regarding CG exemption for sale of property.I constucted house with following breakup of dates-Plot Purchase- March 2023House contruction started- Apil 2024COmpleted - Nov 2024 (last payment to builder) and started own use in

Nursing Home Taxability

Mon, 28 Sep 2026 10:34:12 GMT

An individual assessee runs a private nursing home Can he show his income under section 44AD in ITR AY 2026-26

CA opted for Form 10IEA mistakenly - Demand raised

Mon, 28 Sep 2026 08:53:24 GMT

Hello, our CA mistakenly selected Form 10IEA (to opt out of New Regime) while filing my Returns. First intimation from Income Tax portal received on 12 August 2026 for 'Seeking Information / Clarification' where they advised me that the Returns will be processed as per Old Regime. Please note, I

Query on scenario related to FAST DS 2026

Sun, 27 Sep 2026 23:19:47 GMT

My close relative has received SMS for "Foreign Assets of Small Taxpayers - Disclosure Scheme, 2026 (FAST - DS)" couple of days back.He was at onsite in below locations:Country 1: Dec 2014 - Oct 2016Country 2: Nov 2017 - Oct 2018During these periods, he had received sala

Audit Executive (Remote, India) - Ace Auditing Offices LLC

Sun, 27 Sep 2026 17:14:43 GMT

Audit Executive (Remote, India) - Ace Auditing Offices LLC, Abu Dhabi, UAE. Abu Dhabi-based audit and accounting firm (sister firm: ProfVAT) hiring an India-based remote Audit Executive. Work: audit testing, vouching, reconciliations, working papers, lead schedules, draft financials under IFRS wi

GST Transaction On Used Clothing

Sun, 27 Sep 2026 16:59:00 GMT

We are a gst registered and a pvt ltd thrift retailer(used clothes) we buy used clothes from unregistered dealers interstate and then sell those online, is this allowed can we buy goods from unregistered dealer interstate

ITC availed on 5%-rate passenger transport (AC buses)

Sat, 26 Sep 2026 10:40:15 GMT

A transport service provider (partnership firm) operates AC buses for passenger transport, booked partly through an online travel aggregator (which pays GST under Sec 9(5) on the aggregator-routed bookings) and partly through direct local agent/branch collections.

Extension of Due Date of AY 2026-27

Fri, 25 Sep 2026 19:38:06 GMT

Is Due Date extended the Tax Audit Filling For FY 2025-26

FAST DS 2026

Fri, 25 Sep 2026 19:37:41 GMT

Sir , my son studied abroad for 3 years and returned back . he was doing parttime job there to meet his expenses and hence having a bank account . He returned back in 2025 and in 2025 his status was resident . He filed his return because he had dividend income from shares which he purchased befor

Does AIS GST Purchase aggregate GSTR-2B expenses? How to handle Pandamp;L classification and AIS reconcili

Thu, 24 Sep 2026 17:56:00 GMT

Dear Experts,I need clarification regarding the reconciliation of GSTR-2B / AIS figures with Profit & Loss account reporting under Income Tax.

Form 26A - System has encountered some technical problem

Thu, 24 Sep 2026 14:31:47 GMT

Respected Sir/Madam,We are attempting to file Form 26A for relief from the consequences of non-deduction of TDS under the first proviso to Section 201(1) of the Income-tax Act, 1961, for Financial Year 2025-26. As per the prescribed process, this requires first raising a “Request for 26