Hello
Person has bought Property from NRI
Purchase value 61L
Deducted TDS @23.92%
Paid TDS in Time.
Filed TDS return in Time

Then also got notice from traces

Defaults and/ or PAN Errors have been identified in the Regular statement filed by you for Q2 of FY 2023- 24 for Form 27Q and processed by ITD u/s 200A/ 206CB. Refer attached intimation for further details. Detailed computation of defaults is available in Justification Report which can be downloaded through TRACES. Please login to TRACES (www.tdscpc.gov.in) to request for Justification Report for the statement.

What could be solution?

Sir,
It assessess rs:5 lacs cash deposit in bank sb account 2000/- f.y.23-24.
Question:
Assessess rs:5 lacs cash deposit amount taxable income treatment in f.y.23-24(sec 68 provision applicable)

Dear Sir/Madam

I n the case of one of my client refund was not credited to his bank account. The reason was that the bank account was not validated. later another bankaccount was validated and then nominated for refund .when the refund reissue was attempted it said there is no refund failure. grievance was submitted many times but i got the same answer that pls validate and nominate the bank account for refund ( validation and nomination was done successfully earlier).

even E mail was sent getting the same answer

how to resolve this problem

how

Income tax AO ASKED IDENMTIY BOND FOR DELETING DEMAND WHICH I ALREADY PAID BUT PAID IN WRONG MINOR HEAD , INSTEAD OF 400 PAID IN 300 OF AY 2018-19

PL SHARE THE FORMAT OF INDENMITY BOND .

Dear Sir/Madam

I am not able to file form 29b neither offline nor online .when online option is selected system simply rotates whether anybody has filled this form Please suggest a solution

Read more at: https://www.caclubindia.com/experts/ask_query.asp

DEAR SIR/MADAM

PLEASE SUGGEST HOW TO TREAT INELIGIBLE GST AMOUNT UNDER INCOME TAX.
CAN WE CLAIM IT AS EXPENSES ???
IF YES, UNDER WHICH HEAD??

REGARDS
MAHAVEER JAIN

Sir,
in year 2020 gst was open and no return was filed tilled then, in month of oct 23 officer has cancelled the gst registration.
Now i want to know whether i have to apply for cancelation again or not.
If person want to make IT return from 2020 can he submit the return or not.

Hello,

Can i avail both Rent HRA and Housing loan interest + principal from salary.
If yes, what conditions should i fulfil.

A Partnership firm set up in the year 2019 did not opt for 44AD from FY 19-20 to FY 22-23. For FY 22-23 turnover is more than 2cr and maintained books of accounts till FY 22-23. Can it opt for section 44 AD in FY 23-24 (AY 24-25) if its turnover is less than 3 crores?

Dear Sir/Madam,

We are an educational institution engaging foreign faculty (NR) to teach few subjects as free lancers.
1. Is TDS applicable on remuneration paid to them? Under which section and what is the percentage of tds If applicable? (They will not stay more than 90 days in india to teach those subjects)
2. What are the required documents we have to take from them (whether exempted or taxable).

Could you please brief in this regard.