SIR
MR A NRI. HE GET THE SALES OF RURAL AGR LAND FOR( INHERITED LAND MORE THAN 100 year)
my query is
1) it applicable for LT
2) PROCEDURE FOR THIS AMOUNT TRANSFER FROM INDIA TO HE LIVING COUTRY
3 ) LIMIT OF TRANSFER AMOUNT
THANKS
If we had payment through bank and having receipts of 80G but the said institute has not file 10BE , so AO can disallow such deduction in our return of income.
Taxpayer has filed an appeal and paid 10% pre-deposit of the demand under GST Section 74. The appeal is still pending.
Will refund adjustment or bank attachment happen in the current year?
Dear sir,
Gifting Mutual fund online is possible or not and are there any tax implications since the units are been transferred from NRE (son) to Individual (mother).
thank you.
Assessee had received a notice us 148A(1), to explain the source of investment in FDs. We had replied to that notice before due date , it's not a new deposits deposits but a renewal of old deposits. Also relevant documents were enclosed to that notice. There after AO passed an order us 148A(3) , that no replied filed till date to notice us 148A(1) & issued a notice us 148. Now we filed a return us 148 & in assessment proceedings we also argued that order us 148A(3) is invalid. Also I had a jurisdictional high court that is Bombay High court writ petition order where it clearly says that such orders us 148A(3) is invalid. Now in my case it's obligatory for AO has to follow Bombay High court order or not ?
" A" in Gujrat send goods to "B" through transporter
Transporter is in Gujrat. Transporter raised his bill in the name of " A". Both A & B & H. O. In Maharashtra are distinct person.
Transporter payment made by H. O. In Maharashtra.
1 )who is recipient of service - who make payment of freight, or goods handed over to " B", or who send goods by transport i. e " A"
2)Is want to raise invoice to ISD for Distributing ITC
3 ) Please Guide.
DEAR SIR,
ONE OF MY CLIENT IS GOVERNMENT SALARIED PERSON. HE WAS DEPOSITED 11,00,700/- TO HIS SALARY BANK ACCOUNT FROM WITHDRAW MADE FROM GOLD LOAN ACCOUNT OF RS.239000/- REFLECTED IN AIS REPORT.
THE CASH DEPOSITED REFLECTED IN AIS REPORT.
AND ALSO HE IS HAVING HUF STATUS OF PAN CARD.
HE HAS RECEIVED SOME AMOUNT FROM HIS FATHER AFTER RETIREMENT BY CASH.
ALONG WITH WITHDRAW FROM HIS GOLD LOAN ACCOUNT AND HIS FATHER CASH
DEPOSITED IN HIS SALARIED ACCOUNT.
NOW HOW TO REPORT CASH DEPOSIT IN HIS SALARY ACCOUNT
PLEASE CLARIFY ME
THANK YOU REGARDS
Form 68 filed for claiming immunity. Ignoring immunity claim if penalty is levied , we can file against the proceedings
Can I make sales to my gst huf proprietorshipship firm from my sole proprietorship firm? If I can make sales what reasons should I give for sales? Please clarify with examples?
One lady aged about 78 years has fixed deposit with Corporation Bank ( now Union Bank) since 2017-18 and earned interest. She has no other income. She has submitted 15 H for each of the year.
The Bank has not deducted TDS from interest income except for the financial year 2023-24 and 2024- 25 on interest income despite receipt of 15 H form for those years.
She has no knowledge to submit the IT return to claim the refund. Somehow She has been advised to submit the IT return for FY 2024-25 and accordingly She submitted and got the refund of IT of TDS.
Since due time for submission of return for FY 2023-24 has elapsed, She could not. Someone has advised her to appeal for condonation of delay in submitting IT return 119( 2) (d) of IT Act for submission of IT return for FY 2023-24.
How she should proceed?
Certification Course on GSTR-3B Reconciliation with GSTR-2B using AI Tools
NRI GET FOR SALE OF RURAL AG. LAND