Sir.
Let's me know if there is any limit of turnover to file income tax return for parnter ship firm.

Hello everyone,

A ltd is 100% subsidiary of a german company incorporated in the year 2022-23 (captive unit) to provide IT services to its parent/group companies from India.

they are billing @ cost+13%. However consultant has opined that industry margin is 18-20%.

My question
1. Is it advisable to file application before AAR ?
2. I am worried that if order is unfavourable then AO may make primary adjustments for 22-23 and 23-24 as well even though we have TP report from reputed auditor ?

IF ASSESSMENT ORDER ISSUED UNDER SECTION 147, AND THERE IS MORE TAX AMOUNT THEN ACTUAL TAX SO CAN WE GO FOR 154 RECTIFICATION AGAINST SUCH ORDER? IF YES, THEN WHAT IS PROCESS?

Is Such Scheme is Applicable on Search Seizure u/s 132 & 132A on other party & for the same inquire conduct to the assesses.
such scheme applicable on case of unexplained investment, unexplained expenditure or cash credit on which tax imposed u/s 115bbe?

How to Withdrawn Appeal in Income tax.

What would be the remedy when the Chief Commissioner of Income Tax rejected the request of condonation of delay of submission of return of income as per per circular no.13/2023, dt:26/07/2023 of CBDT

One of my client is duly registered under the Rajasthan Societies Act and the same is running a Goushala since 2021. While applying for the Registration u/s 12A and 80G the CIT has raised an objection that my client should have been registered under the Rajasthan Public Trust Act instead of the Society Act. Is it correct? Any case laws also please...

Hi Experts,

I bought a property from a property investor (not the builder) while the construction was still ongoing. I paid him for his equity based on his valuation, which was in excess of 50 lacs. Now the property possession is coming near, and the final payment due to the builder this time is less than 50 lacs. Do I need to deduct TDS and submit on behalf of the builder?

Also is there any rule about TDS payment proportions in case of 2 buyers?

Many thanks,
CA Amit Khaitan

mine owners hires transporters for goods transportation and for that diesel is provided by mine owners from pumps. after month end they do payment after deducting diesel amount from transportation bill so on which amount tds to be deducted, on transportation amount or net payable amount ?

Can I claim the late fee paid for filing my IT return late as a business expense?