Since the introduction of Electronic Credit Reversal Reclaim Statement, till now we have not updated the Opening balance.
Whether it can be updated now with current accumulated balance?

Whether it can be possible to claim waiver of interest charged by Income Tax Department on tax due

Hi,
I want to renewed my ZOHO license so, i just wanted to ask is TDS is deductible?

Dear Sir,

If purchase a property-Leasehold Land of Rs. 2,00,00,000/-
Allotment Order Date- 10/02/2024
Payment Date 15/03/2024
Possession Order Date- 28/03/2024

Then which is the last date for TDS payment and filing of form 26QB.

30/04/2024 it is correct

Dealer has one truck, which is solely used for transportation of petroleum products, under the contract of Indian oil corporation and Hindustan petroleum products.

As the petroleum products are not the part of GST, it comes under vat.

Question is whether freight charged on it also became exempt under GST

I have made payments of house hold exps approx Rs. 9,00,000/- in FY 2023-24 through UPI Linked PNB Rupay Credit Card at various Shops/Showrooms/Malls etc. at different UPI Scanners. My credit Limit is Rs. 50,000/- per month. In previous FY 2022-23, I have filed an ITR of Rs. 6,50,000/- of Gross Total Income. Will I receive any Income tax notice for using credit card? Give your expert advice?

My client has a house property registered in his and his spouse name.His spouse has been declaring income from property(let out) in her IT Returns so far.Would clubbing of income apply?

My client wants to declare the same income in his IT Return from the current FY onwards.Is this ok?Of course,his spouse would not declare the income from property in her IT Return now onwards.

Pl clarify

Sir,
A Doctor maintained a private hospital tax audit itr filed every year purchase of medical equipment and other materials rs:50 lacs for March -24 repayment 15 days below period.
Question:
Repayment 15 days below sec 43 b(h) provision applicable or not applicable

I have purchased an apartment and submitted form 26QB for a joint seller property. The seller took payment in one person and buyer deducted the tds on that payment to that one person on the request of seller. Now, after 1.5 years seller wish to correct TDS 1/2 & 1/2 of both holder of property. Due to credit of entire TDS on one seller, income tax department is wrongly calculating previous year tax. Is there any solution possible?

I know that gifts from specified relatives is tax free. But, I want to know whether gifts having value more than Rs 50k per FY from brother's son are taxable.

Umapati Mishra