Whether export bill can be realized through some other party ?

what is tds rate for supervision charges by electricity department for new connection.

For AY under consideration the assessee failed to file a return of income within the time specified under section 139(1) of the Act. It was only in response to notice u/s.148 issued by the Department initiating re-assessment proceedings, that a return has been filed declaring a profit of Rs. xxxx offered for tax under section 44AD of the Act.

Since the assessee failed to fulfill the applicability of section 44AD of the Act the assessee is asked to show cause as to why the profit offered for taxation u/s.44AD of the Act should not be rejected.

Expert view is sought whether the proposed action of AO is Right? Please supplement with relevant section, case laws, if any.

I have to register a corporate but its asking for aadhaar no ...so aadhaar no of authorized signatory is to be mentioned? and PAN no of co or authorized signatory is to be mentioned?

Resolved and deleted.

Say, a person successfully lodges mutual funds’ (equity) redemption request on 15-January-2024 at 8:00 am. This person dies on the same day at 11:00 am. The redemption amount is credited to the bank account of this person (his wife is the joint holder in this bank account) on 16-January-2024. Capital gain statement is showing that date of redemption is 15-January-2024. In this scenario, who is liable to pay tax on capital gains, the deceased person (by Legal Heir) or the surviving wife?

we are paying advance for XYZ for participate fee for Asian brake conference .what tds rate and section apply? please explain in detail.

i made mistake in writing pf/epf dates in clause 20(A)
for which disallowance for late deposit beyond 15th of each month happened in 143(1)

can i rectify 3cd? or i have to revise?
my view--> revise

I have opted in new tax regime u/s 115BAC during AY 2021-22 , however while filling updated return for AY 2022-23 getting following error " opting for new tax regime is not allowed for assessee filing ITR u/s 139(8A) for the first time as the due date of opting the same is lapsed".

Error message attached.

Please note that I have duely opted in 115 BAC during AY 2021-22 and not first time in AY 2022-23. Please share your views on whether there is any restrictions on following 115 BAC in AY 2022-23 if ITR-U is being filed.

How to resolve this issue?

Hi All,

as per 17AA(a)(v) original bills needs to be obtained from vendor and as per 17AA(2) all the bills can be electronic form.

Case: suppose an NGO based out of Delhi got a service of printing NGO brand logo T-shirts from a vendor of Mumbai, vendor sent the PDF copy of invoice via email, where image of signature is attached

Now my questions are:
1. Do we need to obtain original PHYSICAL invoice from vendor?
2. Do physical invoice needs to be signed by vendor and should also have stamp/seal of vendor?
2. What is the meaning of electronic form (digital invoice)?
3. Does only a digitally signed invoices with DSC signature are only valid as digital invoices ?
4. Where image of signature is copied in word document and PDF of same invoice is generated, will this be considered as digital invoice?
5. Suppose if we insist on getting the PHYSICAL invoice from vendor and he sent us the printed copy of that same PDF, that can we done by us, so what is the point of getting PYSICAL invoice from vendor, if we can also print the same ?

Our auditor is making big deal of this and insisting us to get the physical bill from vendor unless the digital invoice has DSC signature signed?

please give me some clarity on above rule, if possible please also share some source from where we can get the clarity on this rule, thanks in advance.

Best,
Nirmal