This Query has 1 replies
Hi Team,
I have one of my clients who had written wrong TAN Number while claiming TDS for the AY 2020-21 of Rs 43000. Now the Form 26AS shows the same amount of TDS but with another TAN Number. The Client was issued Demand Notice of Rs 56000 for which we responded that the same is due to error back in 2022 but the same was never closed by IT Department.It might be due to the fact that no rectification / revised return was filed for the same.
Now every year when his refund is due, IT Department tells us that it will be adjusting the same against the outstanding demand which is not correct.
Please advise us what we can do in such a case as in my opinion Due Date for filing revised return is also finished for the said year.
With Regards,
Manik
This Query has 1 replies
RESPECTED SIR
I WANT TO KNOW ABOUT LAST DATE OF AUDIT REPORT (BALANCE SHEET) SUBMITING FOR F.Y. 2023-2024
This Query has 3 replies
for example I am dealer of Manufacturer and at the end of month or year I have sold wastage of raw material as an sale of scarp should I collect the TCS on the sale of scrap of Raw material or sale of scrap of finished goods?
This Query has 3 replies
if I pay to DHL 1,20,000/- including GST of 35,000/- should I deduct TDS though taxable amount didn't exceed the 1lakh limit?
This Query has 1 replies
PEST CONTROL KI ACCOUNTING MEIN
PEST CONTROL PRODUCT KO PURCHASE KARKE PEST CONTROL SERVICES DI JAATI HAI
TO IN PRODUCT KI ENTRY KO KESE DIKHAYE KI IN PRODUCT KA USE PEST CONTROL SERVICES MEIN HUA HAI
KESE USKI ENTRY PASS HOGI,,
THANKS IN ADVANCE
This Query has 1 replies
Limited Liability Partnership
which has a turnover from Professional Services only
Turnover is 27 lakhs in FY 2023-24
it shows Income less than 50% of Turnover
Is this LLP Liable to Tax Audit. Please Guide
This Query has 1 replies
I have file return in new scheme in the A.Y. 2024-2025. Can i file return in old scheme in the A.Y. 2025 2026 by taking one time exemption in form 10IEA?
This Query has 1 replies
OUR CLIENT HAS RECEIVED TRAVEL AGENT'S SERVICES. AGENT'S INVOICE SEPARATELY MENTIONED THE VALUE OF TICKET BOOKING AND HIS SERVICE CHARGES. NOW ON WHICH COMARTMENT I HAVE TO DEDUCT TDS ON THIS SERVICES ?
1) ONLY ON SERVICE CHARGE UNDER 194H - FOR COMMISSION
2) ON BOTH THE VALUE TICKETS AND COMMISSION UNDER 194C - FOR FULL VALUE
This Query has 3 replies
i had commercial tenant property since 1975
gave up the tenancy rights/vacated the premises on
23.5.2019 for a compensation of 60 lacs.
deposited the entire amount in capital gains account in bank
after two years also could not re invest in new property
what should i do or should have done in view of the income tax laws
pls guide
thanks
note ; valuation of property was done dated 1.4.2001
This Query has 2 replies
My supplier (DHL) initially filed returns with IGST for four months, even though their GSTN is from the same state (29). From August onward, they switched to applying CGST and SGST. Is there a reason for this, or was it just a mistake initially? Additionally, how did the portal process the returns with IGST even though we are from the same state?
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