Kollipara Sundaraiah
This Query has 1 replies

This Query has 1 replies

Sir,
A person itr filed professional income f.y.22-23 dt:30-12-23 sec 44ada provision in it act.but cash on hand balance rs:25 lacs as on dt:31-03-23 as per account records.
Question:
Assessess limit of cash on hand provision applicable and penalty imposed.


Chandra Kala
This Query has 1 replies

This Query has 1 replies

11 January 2024 at 17:28

Chit Receipts

Chit Receipts received by cash whether they constitute deposit u/s 269SS


nikita dhuri
This Query has 1 replies

This Query has 1 replies

11 January 2024 at 16:56

HRA exemption using PAN of owner

Hello,
My house owner doesn't want to give me rent receipts as he doesn't want to show it as his income in the books. I have registered agreement and bank transfers to his account as proof. His PAN number is mentioned in the registered Agreement.
Question 1. Can I submit his PAN number to office finance team and claim HRA since I have all proofs without his permission?
Question 2. Will it reflect in his income statement under rental income if I submit his PAN number?
Question 3. If it reflects in his income statement, will he know that I have given his PAN number (like my PAN will show up in it?)


Suresh S. Tejwani
This Query has 1 replies

This Query has 1 replies

WHAT IS DEPRECIATION RATE OF SAND WASHING PLANT AS PER COMPANIES ACT, 2013?


Ratheesh
This Query has 1 replies

This Query has 1 replies

11 January 2024 at 14:51

LTA - Travel in Cruise

Dear Sir/ Madam,

Travel to Andaman and Nicobar Islands by Cruise is allowed for LTA exemption ?

The below are the Expense covered for Cruise Bookings -

Cruise Room - xxxxxxxx
Service Charge - xxxxxxx
Fuel Surcharge - xxxxxxx

So can we consider all this expense for LTA claim

Waiting for your Answer-

Thanks in Advance


Jitendra Kumar
This Query has 1 replies

This Query has 1 replies

11 January 2024 at 14:09

Filing of Form 35

Its showing error
Submission failed!
Response from server
Please fix the following issues and try to submit again:
Invalid Flag.
Invalid Flag.
Invalid Flag.


Marimuthu
This Query has 1 replies

This Query has 1 replies

11 January 2024 at 12:56

Liasioning of drawing approval service

Dear Experts,
1 A company is availing the Liasioning of drawing approval service from a GST registered Constructed firm.
2 Whether the company can account this transaction under 194C or 194J

Please clarify


Dhananjay
This Query has 5 replies

This Query has 5 replies

10 January 2024 at 21:22

115BAC not granted

I am salaried person opted for 115BAC while submitting return, however i received 143(1) notice not granting 115BAC and I received demand of 87k.
I showed 303k loss in equity but it is showing as business loss in return file.
please guide


rmalhotra
This Query has 5 replies

This Query has 5 replies

10 January 2024 at 20:34

TCS and different transactions.

Sir,
An individual resident is to purchase foreign currency dollars worth Rs 150000 for meeting his foreign trip expenses while abroad .

Subsequently thereafter he is required to send dollars worth Rs 700000 to his ' close relative ' abroad for his maintenance etc. in same financial year

Hence following queries:-

1. Will these two transactions will be treated different for TCS purpose ?

2. Will he liable for TCS for transaction of Rs 700000 as he has crossed limit of Rs 700000 during a financial year by purchasing foreign exchange of more than Rs 700000 i.e (Rs 1.50 Lacs + Rs. 7 Lacs )

3. Will the first transaction of Rs 1.50 Lacs need to be filled in application form for sending dollars of second transaction of Rs 7 .Lacs to his ' close relative '

Pls guide


IMMADI bHIMESWARA RAO
This Query has 1 replies

This Query has 1 replies

10 January 2024 at 19:28

HUF pan registration in come tax portal

my HUF pan is AAAHI1301N
UNABLE TO REGISTER AS ERROR IS COMING THRO DATE OF BIRTH AND GENDER COLUMNS
HUF PAN CARD NAME IS -IMMADI BHIMESWARA RAO.
PL ADVISE






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