SALE SHOWS ACCORDING SERVICE PROVIDE (FY 24-25) BUT SERVICE RECEIVER (GOVT DEP) SHOWS SALES IN 26Q FY 2025-26 (AS PAYMENT MADE YEAR)HOW TO CLAIM INCOME TAX REFUND. SALE SHOWS IN GSTR & ITR FY 24-25 .ALSO WHAT TREATMET IN GST RETURN & INCOME RETURN

Sir
Greetings
Can I get clarification as to whether the Banks need to report interest details in Form 168 even if no TDS is deducted?
The present Form 168 has a separate table for reporting interest details when the customer submits Form 121. Moreover, the Banks earlier were reporting interest paid during the year in Q4 reporting, even when no TDS was deducted.
Thank you
Chari

ACTUAL GST TURNOVER BASED ON GST RETURNS SHOWN ON GST PORTAL RS.1,06,00,000/- APPROXIMATELY
AIS SHOWS GST TURNOVER RS.75,00,000/- APPROXIMATELY
GST TURNOVER SHOWING GENIUS SOFTWARE AS PER GST PORTAL RS.1,35,00,000/- APPROXIMATELY
PLEASE SUGGEST IN THE MATTER AS WE HAVE TO SUBMIT ITR OF OUR CLIENT

Dear all
Now is it mandatory to obtain registration U/s 12A of IT Act to Education society. So far it was claiming exemption U/s 10(23C)

We have our own WATER TANKERS. We purchase the water from tubewell owners and supply to various housing societies and Industries as well. Some of our customers deduct TDS U/S 194 c from our bill. Is this correct i e they are rightly deducting TDS from our Bill. Pl advice

Ashok Khandelwal

I am trying to show speculative income in ITR-3.
I have chosen 65(i) - (iii) under under Part A - P & L section and sub section 65 which is meant for those who do not wish to maintain books.
So my question is how to fill 65(i) - (iii) if I have loss instead of profit.
The 65(ii) is actually saying profit. So do I have to enter negative number here or leave it zero.
If it is zero then what to do with expenses in 65(iii)?

I have missed to file ITR for FY 2024-2025
I have received commission Rs. 790000 and 2℅ tds deducted.
Can iI file ITR now

I have sold goods of more then 77 lakhs by gst invoice in August 2026. Do I require deduction of tds from the party? Please clarify conditions for deduction of tds as sales were made from my gst proprietorship registered form??

Subject: Reporting loss on sale of depreciable business asset in ITR-3 under 44ADA (no books)
I file ITR-3 under Section 44ADA (presumptive taxation, no books maintained). I have documented WDV figures from audited books in prior years.
This year, from a 15% depreciation block:
Some assets opening WDV ₹8lakh were sold for ₹4lalkh received in account
Remaining assets in the same block were taken for personal use at FMV = WDV (no gain/loss)
The entire block now ceases to exist
This results in a short-term capital loss of ₹4lakh under Section 50.
Question: Since Schedule DPM (and the full Part A-BS balance sheet) seems to require books of account, and I don't maintain books under 44ADA, is it acceptable to report this loss directly under Schedule CG, Item 6 (sale consideration ₹4,00,000, cost of acquisition ₹8,00,000) — instead of routing it through Schedule DPM → DCG → CG?
Is this a defensible, accepted approach for a no-books 44ADA filer, or does it risk being questioned since Section 50/block-of-assets treatment is normally expected to go through DPM?

if a labour actually work only 20 days during the year but his name was registered under PF since 2 years. As PF Act does not mandate to remove the employee name from UN portal, even not work or absent from work. its name appear continue in master roll since date of joining without payment of wages and pf contribution, and cover 240 days working condition as per date of joining and date of Exit.
Is wages paid for one month eligible for deduction under 80JJAA

Here Employed means
1. Physically work or leave on paid
2. Only Registered in mastered Roll

Please Clear the concept