Sir,
on the month of january 24, i have submitted one b2b invoice twice. Now i want to correct it what to do.
Please advice.

Shyam has purchased property from NRI suraj for Rs. 4960000/-
does he have to deduct tds on such purchase from NRI
If so what is the rate of TDS.?

our company received 1cr from another company as cash award for best company and they have deducted 10% TDS on the prize money under 194R. How this need to be accounted in the books of accounts.? Whether invoice need to be raised for this? what is the GST applicability and under which head we need to show this revenue

In FY 23-24, we have received multiple invoices totaling to INR 40,500 from company secretary which crosses the threshold limit. But this also includes reimbursement bill of INR 14,000 raised separately towards challan paid for filing returns. Now in this case will TDS be deducted ?

CATERING INCOME IS BUSINESS INCOME OR SERVICE PROVIDER ?

Last year (A Y 23-24) Turnover was less than Rs 10 Cr

In A Y 24-25,
Purchase from Single party Croses Rs 50L

Is TDS U/s 194Q applicable?

SIR
MR A FILED IT RETURN UPTO ASST-YEAR 2022-23 VIDE ON ITR 4. BUT HE NOT FILED FOR ASST-YEAR 2023-24. IF APPLICABLE FOIR ITR 4 UPDATE RETURN FOR THE ASST-YEAR 20023-24 ARE ONLY ITR 3 ONLY
TAHNKS

For the Asst.year 2022 23 my Trust is having provisional registration u/s 12A but not able to regularise by filing 10AB. Due to ignorance the provisional certificate were treated as the final. what to do for claiming exemption from the Asst. Year 2022 23. Please advice. The trust was having 12a registration since 2012.

As an employee with HRA included in my salary, I'm interested in claiming it. Can I claim HRA by having a rental agreement with my mother, who owns a separate house apart from my permanent home address?

My Client purchased a property for 75 lacs and deducted T.D.S. on property @1% 75000/- from the seller and deposited the same th. FORM 26QB. on 24/09/2023
SELLER became SUPER SENIOR CITIZEN on 01/01/2023.
I.T.O. T.D.S. passed an order on Form 26 QB and determined the T.D.S. liability @20% in place of 1% and passed the order to pay the balance amount along with Interest.
A correction statement was filed and on receiving the quarry letter from A.O. T.D.S. all the required documents were submitted.
Meanwhile, it came to my knowledge that the PAN of the seller became Inoperative as the Aadhar is not linked with the PAN. I fulfilled the requirements of linking Aadhar with PAN and the PAN became operative in Feb’2024. I further submitted an affidavit along with operative PAN and Aadhar to A.O. T.D.S. He accepted my correction statement and passed the order on the correction statement. On receiving the order, it was found that the tax was determined @20% along with Interest.
On enquiring it was answered to me that the A.O. is unable to accept my contention of T.D.S. @1% in view of Notification No. 15/2023 dt. 28.03.2023.
So, I request you to kindly suggest and guide me the suitable remedy in this matter and oblige.
Yours faithfully
(PARVEEN KUMAR WADHWA)
ADVOCATE