A Taxpayer is seeking advice regarding an Old Tax Demand for AY 2012-13 that has been used to adjust their AY 2026-27 refund
But
Not adjusted and full amount of refund against the said demand was credited to the Taxpayer Bank Account
And
Even the Taxpayer has not submitted any response to the said demand notice issued by department to adjust their demand against refund for AY 2026-27.
According to the Taxpayer, the said demand was not payable, as the relevant taxes had already been paid. In earlier years, the Tax Payer had submitted a response against the said outstanding demand, duly supported with documents/attachments which is still evident from the Income Tax Portal
But
The actual response, supporting documents/attachments and A.O.'s consequential order/reasons are not presently available/visible on the Income Tax Portal.
The physical records are also not readily traceable with the taxpayer.
Please advise next course of action to get this demand officially closed from the Income Tax Portal as it is deemed that no demand is outstanding towards the taxpayer which is evident that the taxpayer received full amount of refund for AY 2026-27 and Income Tax Portal still showing that the taxpayer submitted response in earlier years against this demand although no records are available on the Income Tax Portal.

A PARTNER HAVE HAVE CREDIT BALANCE IN HIS CAPITAL ACCOUNT RS.1500000 . HE WANTS TO WITHDRAW IN CASH FOR HIS PRIVATE PURPOSE RS.400000. IS IT PERMISSIBLE UNDER SECTION 269SS,269T AND 269ST OF INCOME TAX ACT

As we are aware, TDS@30% is applicable to all prize money won on the KBC game show u/s 194B(Old Act).

It may also be observed that every contestant appearing on the show is provided with certain complimentary gifts, such as Desi Ghee and a gold coin.

Out of general curiosity, I would like to know whether the show's producers are required to deduct TDS on the Ghee and gold coins given away for free as well, and if so, under which section...???

In my opinion (I may be wrong) Desi Ghee and gold coins may not fall within the category of "Winnings from Game show", since they are not awarded as a prize for winning the game but are provided to every contestant irrespective of the outcome.

I would appreciate clarification on the applicable TDS treatment of such complimentary gifts,

Applicability of Tax Audit u/s 44AB in case of Pvt ltd Company having Professional Receipts of ₹23 Lakh and Loss of ₹35 Lakh :
Whether the company is required to conduct a tax audit under Section 44AB of the Income-tax Act, 1961?
Does the business loss of ₹35 lakh, by itself, make the company liable for tax audit under Section 44AB?

If Section 44AB is not applicable, is the company required only to:
prepare and file its income-tax return (ITR-6); and
conduct its statutory audit under the Companies Act, 2013?

Where do Trust is classified in Individual, Company or HUF

whether TDS 194-T is applicable to small partnership firms also , who is not covered under Tax Audit criteria ?

assessee is partnership firm following wdv depreciation method. (same like income tax return)
there are 3 offices having wdv 35 lakhs.
one office is sold for 90 lakhs
closing wdv cant be negative in books,

my q--> should i make wdv nil in books also in bal sheet? inspite of 2 existing offices, how can bal sheet have no fixed asset?

my view--> prof loss will have book gain of 55 lakhs .
but how to show 2 offices in bal sheet ? the whole building block becomes nil in value..so cant show exisitng 2 offices also in bal sheet right?
little confused,
regards, ca kunjan, 9222 922 92

One employee appointed for one year as term employment service in company's account department as a Accountant on fix remuneration.
Controlling power is with company. As per social security code 2020 term employment is treated as contractual employee.
My Question -:
On fix term employment employee remuneration is tds applicable as professional service tds or tds on salary, or tds on contractor.
Kee point of -:
Controlling by company.
Fixed remuneration
Fixed hours
Supervision by company 's superior authority

Kya koi professional CA hai idhar jo mujhe bata sake ki 1 crore ki income ko kaise tax bhare abhi kisi ko hire nahi kar raha hu bas chating karni hai

Sir
AY 2025-26 Rectification filed on 24th April 2026 Received rectification order under section 154 on 13th May 2026 with demand which was paid immediately Now on 16th September 2026 same order which was processed with demand shows underprocess without my consent is it possible does the law gives power to CPC to do this kindly suggest