binu sukumaran

sir,
Incurred expenses in connection with maintenance of office building , electrical and floor .
such bill reflected in GST 2B. Can get ITC on such exp.
Please advise
With regards
Binu


Suresh S. Tejwani
15 December 2025 at 14:35

SPECULATION OF GOLD AND SILVER

A client is engaged in the business of speculating in gold and silver. What should be stated as the nature of business: “trading firm” or “financial investment firm”?


PROFESSIONAL ADEPT
15 December 2025 at 13:18

Audit trail reporting

Since our compan is a small company and does not maintain audit trail feature as books of accouts are being entered annually for filing purpose,how to report the same in audit report


sakthees
15 December 2025 at 09:55

GSTR-9 & 9C

Dear Sir,

Is there any possibility to extend the GSTR-9 and 9C for the FY 2024-25 ?


narayan
14 December 2025 at 13:08

Sms from department

I have rec'd sms from the dept stating there is mismatch between itr filed and Data with the department asking me to file revised return or give feedback on the AIS - but there is no email though the sms says so. The income tax website also does not show any details . Can some one help. The itr filed is as per the AIS only . I already have received 143 1 intimation and the website says it as assessed


bhuvana
15 December 2025 at 14:31

ITR revision intimation recd.

Sir,
hv file my ITR1 for FY 2024-25 in Sep 2025. Now have recd an intimation from the dept to revise my ITR since a mismatch has been found.

am working in a tractor dealer ship as sales manager. i, on behalf of my company, used to link customers to Financial institutions like Kotak Mahindra Bank, Mahindra Financial Services and the like to avail loan for purchasing tractors.
The FIs pay commission (term they use is PAYOUTS) to my company as we give business to them. Few years back FIs said that they can't pay it in the name of the entity and started paying in my name. Tds is under Sec. 194H.

i show it in my ITR1 under Other income head for the past 3 years. Hv paid/recd refund tax accordingly.

This, for FY 2024-25, i hv recd a mail stating that
quote"
we have identified a significant mismatch between what you have filed in ITR and info shared with the department. Revise ur Return within 31st Dec."
unquote.

Please anyone help me how to proceed on this.

p.s. Since i hv only salary income and this commn, and no other investments to complicate tax calculation, i file ITR on my own.







Priyakumari Goyal
13 December 2025 at 20:56

RNOR taxable income or not

I am a citizen Of India . I came to Mumbai in dec 2024. I was living in Switzerland . I am now back in India for good . I applied tax 2024 - 25 as Nri itr2 . Then now for 2025-26 I will be applying as RNOR status . I have swiss pension in Switzerland which employment pension fund. I will be bringing this pension to India now in 2025- 26 . I will be receiving this money in my indian bank savings account . Will this swiss pension which I accumulated in Switzerland will be taxable once I receive it in my indian bank savings account thankyou


Suresh S. Tejwani
13 December 2025 at 18:23

Applicability of tax audit in F&O

If turnover exceeds 10 CR in F&O , so it is mandatory to do audit, or else it is allowed to file return under section 44AD


Harikrishnan
15 December 2025 at 14:30

E-way bill threshold limit

If I prepare multiple invoices for different customers of the same vehicle, each worth Rs. 40,000, do I need to generate an e-way bill?

If I prepare multiple invoices for the same customer in the same vehicle, each worth Rs. 40,000, do I need to generate an e-way bill?


Kollipara Sundaraiah
13 December 2025 at 14:24

Chatgpt vs gemini used for tax purposes

sir,
taxation questions asked chatgpt vs gemini two options both used and best ABOVE two options for taxation purposes .





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