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Can I deposit Rs. 10 Lakhs in cash into my daughter's account, and then she can transfer it back to my account?

Does it violate any rules?
Is it attracting any notice or issues from the Income Tax or any other legal issues?

Kindly advise


binu sukumaran
16 October 2025 at 11:23

Parnter salary in firm

sir.
Let's me know , whether partner salary is compulsory if firm is profit.
In a firm there is two partner and they contribute ( capital ) is more than profit .
Please advise
with regards
Binu


R Hiremath
16 October 2025 at 11:11

Income Tax Solar Rooftop panel

Sir, I have a partnership firm, working as a Channel Partner and provide Sales and Installation of Solar Rooftop Panel to customers. Can I get benefit under section 80-IA? Kindly guide me...


Jaswinder singh

Respected Colleagues,
A person running restaurant business and now wants to capitalise hotel building in books (Property valuation done by income tax valuer dated 14.10.2025)
my ques is, whether we are able to capitalise in books in FY 2024-25 because property valuation Dt. 14.10.2025 and secondly, if hotel building ready in 2015, how we capitalise in books with actual cost less depreciation till 31.03.2024 in order to claim depreciation in FY 2024-25?

Please guide


k.v.subrahmanyam
14 October 2025 at 19:58

Income shown in ITR

Respected sirs
When client has income by selling books and income from sale of books is being shown in ITR by the consultant under income from other sources. Is it correct? And also kindly enlighten me as to the correctness of showing Income offered for assessment( without mentioning any particulars) under income from other sources in ITR.
Thanks and regards


Suresh S. Tejwani

Interest on outstanding demand effected in accordance with rectified order u/s 154 then whether the interest accrued on demand shall be counted from original assessment order or rectified order?


Chandra Kala

Society registered u/s 12A. Now we are filing returs for the ay 2025-2026. we have donations for rs.100000. There is no expenses. so we have surplus of rs.100000.shall we file form 10 for accumulations.we got only below taxble income. shall we file form 10bb and form 10.


naresh

we are tax auditors only.
assesee is a partnership firm, having exports to its related party (son of partner).
however, it does not fall in transfer pricing (as no common shareholding).
my question--> no need to show in 3cd right? do we have to show in notes to accounts accounting standard 18?
my view--> ALTHOUGH icds is not in related parties, general accounting principles mandates reporting sales to related parties ( as 18 ) (but am i right)?


dhruvi

Please can anyone assist me regarding claiming refund
Reahrding AY 2025 2026
My tax payable was ₹56,000. Due to a portal error, my initial payment of ₹57,000 wasn't reflected, so I paid ₹57,000 again. However, I received a refund of ₹1,000 . Now, I also want the refund for the payment of 57,000 made
again. Now challan also reflecting in their portal .
Payment was done through card and I found out when it was debited in my statement.
Will claiming the refund again lead to more scrutiny?


naresh
11 October 2025 at 13:38

3cd clause 44 (gst purchases)

which column to show purchase of goods from registered dealers (fully paid them, no creditors) in clause 44?

Expenditure in respect of Registered Entity relating to other registered entities
and
Expenditure in respect of Registered Entity relating to total Payment to registered entities

my view--> to show in both, right?





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