Suresh S. Tejwani
This Query has 1 replies

This Query has 1 replies

13 December 2025 at 18:23

Applicability of tax audit in F&O

If turnover exceeds 10 CR in F&O , so it is mandatory to do audit, or else it is allowed to file return under section 44AD


Mahesh Shah
This Query has 8 replies

This Query has 8 replies

13 December 2025 at 10:45

ITR 2 not processed filed 11/8/25

Itr2...new regime..filed 11/8/25..with no demand no refund not processed till 12/12/25
Income details
Salary income...75000 standard deduction
No other deductions claimed
House property
30 percent standard deduction
No other loan int etc deductions claimed
Intrest income. On bank...FD...govt RBI long term bonds
No share market / VDA/ Foreign income
No carry forward loss
Income greater than 50 lakhs less than 1 cr...so itr2 ( AL not filled as limit raised to 1 cr from this yr)
Property purchase 1 percent tds done
AIS/ TIS / 26 AS matched
Feed back given on property purchase...double amt reflected in TIS....feedback....inf is duplicate shown somewhere else ...feedback given
Please suggest anything wrong from my side...for ITR not to get processed


ghosh
This Query has 1 replies

This Query has 1 replies

13 December 2025 at 09:36

Sec 68 unexplained income - tax is imposed

A person received cash as refund of advance money say rs 1,00,000=00. Does he has to pay tax on it u/s 68, if he shows in his books. Reason of not paying tax is section 68 is applicable if A.O is not satisfied with reason with cash deposits. Also is concealment of income applicable?


ghosh
This Query has 1 replies

This Query has 1 replies

12 December 2025 at 11:59

Sec 68 unexplained income

A person received rs. 1,00.000=00 in cash as refund of advance money given for purchase of property, as purchase didn't happen. Should he offer rs. 1,00,000=oo u/s 68 , since he cannot get confirmation from person refunded money. the same cash has been deposited in bank.


Piyush
This Query has 2 replies

This Query has 2 replies

Sir / Madam

We are a LLP registered in India, doing live events & shows in India & abroad. We are taking services for foreign companies for consultation for events to be done in foreign countries.

The service provider is a foreign LLC (Dubai Co), where consultancy service was provided for a project in Dubai & other countries (Excluding India) & the Dubai LLC does not have any PE in India as well.

So do we have to Deduct TDS on the remittance made for such services ?

If TDS is not to be deducted, then what documents are to be compiled to initiate the remittance ?
& If TDS to be deducted, then at what rate and what documents are required for the same. ?


Komakula Suri Babu
This Query has 3 replies

This Query has 3 replies

10 December 2025 at 19:21

Change of address in Form 26 AS

My residential address in Form 26 AS was old address. I want to update the present residential addrfess in Form 26 AS. Please enlighten me as to how to update my residential address in Form 26 AS ?


Suresh S. Tejwani
This Query has 5 replies

This Query has 5 replies

10 December 2025 at 18:42

Regarding Case Study

Case study showing business receipts, cash deposits, miscellaneous payment, as in favour of assessee showing it is done in personal nature and with lack of knowledge and mere rotation of fund


Divyesh Ajmera
This Query has 1 replies

This Query has 1 replies

10 December 2025 at 10:41

Regarding 148 return error

Is it allowed to file return (when books of accounts not maintained ) without showing capital gain/loss which is showing in Tis and generating json under Itr 4


Suresh S. Tejwani
This Query has 1 replies

This Query has 1 replies

10 December 2025 at 10:33

Regarding 148 Return

Is it allowed to file 148 return u/s 44AD and generating json under ITR -4


omnath
This Query has 1 replies

This Query has 1 replies

09 December 2025 at 19:13

Hotel lease

Sir
Mr. A TAKE LEASE A HOTEL RS.20,00,000/- AND DEPOSIT RS. 10,00,000/- FOR 2 YEAR. HOW TREAT EXPENSES OF RENT OF EACH YEAR
THANKS






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