Can huf gift to it's members? What will be the tax liability and impact will be whom?

A trust was created for charitable purposes, but it was not granted recognition under section 12. So it is an unregistered Trust for income tax purposes and is filing ITR 5 as AOP. Now the trustees are deciding to dissolve/ cancel the trust, as the trust is no longer able to carry on any activities / objectives as per trust deed and its funds are exhausted. Please advise what formalities it has to observe for dissolution?
1. Do the trustees have to pass a resolution for dissolution/ cancellation of Trust?
Is such resolution to be also submitted and registered with Registrar of Trusts like an amendment of Trust Deed?
2. Any documents/ resolution to be submitted to ITO/ NSDL along with surrender of PAN card?
Is the bank account to be closed? The trust has more liabilities than bank balance and its assets. So after paying off creditors, bank balance will be NIL.

For loan loan disbursement, section 281 declaration for all the properties is required, does it has to be issued by jurisdictional AO or is there any format for it? If yes, then please share it with me.

Thanks in Advance.

Dear sir/madam,

We would file an appeal against the order passed u/s 153C.

But thing is that this order contains the mistake and eligible for rectification also.

The question is that, if we file rectification application first and the same application is rejected in the sense, are we eligible to file appeal case where we have asked to rectify.?

Or
Appeal should be filed against the rejection order of rectification?

Is time period is not considered for time spent between filing rectification application.

Thank you in advance

Sir,

Please clarify for filling of i.tax return.

SFT- 003: Cash deposit or withdrawals in current account -more than 40 lacs in fy 2020-21

Need to show taxable income while preparing tax return??

Suppose we have a bill of rs 90000/- from x ltd co . and we are making the payment to him in the installment of Rs 9000 each on different date , can we do so . or there is disallowed under income ta xact .

Respected Sir/ Madam,
While registering DSC of an individual in E-filing portal "Token user pin has to be changed" is displayed and we are not able to register the DSC. We request you to suggest a solution as soon as possible.

In his 26AS foll. Transaction found - SFT-011 Purchase of Foreign Currency He is taken an education loan for his son for study abroad??
His total taxable income is below Rs.500000/- and no any tax is payable. How to shown the above transaction in ITR 4 form??

Request to all, let me clarify on a priority basis.

Thanks in advance Regards,

Read more at: https://www.caclubindia.com/experts/how-to-shown-in-itr-4-for-sft-011-pur-of-forgn-curr-in-26as-2812034.asp

Dear Sir,

One of my client has received arrears salary in A.Y. 2021-22 for which he was required to file Form 10E to claim rebate U/s 89.

But by mistake he filed the Form 10E taking Assessment year as A.Y. 2020-21. No rebate was taken in A.Y. 2020-21 while filing ITR.

Can he now file another Form 10E taking the correct Assessment Year and claim rebate while filing ITR for A.Y. 2021-22 and what will happen to the 10E form filed incorrectly.

Please help me in this matter.

Regards,
Divyesh Jain

Dear Experts


Actually in 19-20 FY i missed some TDS input to claim so is it possible to claim present year please let me know what is the procedure to claim old tds amount in 26