Dr Senthil Kumar M - PSGCT
07 July 2021 at 14:21

Wrong entry in 26as

In my 26as, there is an entry by AMBITION TRANSPORT ORGANISATION . It says it credited an amount of rs.8750/- and TDS as 0 under section 194C. but i have not provided any service to them nor receievd any amount from them. Please tell me how to remove this from 26 as or i simply ignore this amount in my itr. I am a salaried person.


Mahabir Prasad Agarwal

I had file ITR 4 for AY 2021-22 on 10.06.21 and had tried many times to e-verify the ITR vide Aadhar OTP but could not succeed. Please guide me .


Kollipara Sundaraiah

Sir,
It assess salaries paid to staff through on sb or current bank account payable correct procedure.


prithviraj mohandoss
26 June 2021 at 15:59

194Q APPLICABILITY

Dear Friends,

we are a company having 50+ crore business turn over
Do we have to Deduct TDS with effect from 01.07.2021, for any material purhcase from small vendors like stationery, office maintenance and others


Kollipara Sundaraiah

Sir,
One of the it assess two wheeler and air conditioner purchase for personal purpose.
Question:
Assess two assets how to show procedure in books and it returns under gst and it act.


Mahabir Prasad Agarwal
17 June 2021 at 14:43

Filing ITR by nominee

Sir, my nephew had expired last year. What are the requirements so that his ITR may be filed in subsequent years (If my nephew has only interest income ) ?


suresh hb
14 June 2021 at 10:41

Huf income tax related

I was purchased a flat in 2000 in my name for Rs 4,80,000/- We were living up to 2007 JAN, after that we have shifted to Delhi state Govt accommodation allotted to my wife along with our 2 daughters, the rent was deducted as per govt rules from my wife salary.
Mother in law (wife mother) was staying with (Wife Brother) brother in law in my flat up to 2012 with out rent, in 2012 brother in law was shifted to Goa, from 2012 mother in law was staying with us, she dont have any income since beginning, in fact we are financially supporting her for her medicines & daily needs etc. & my wife was declared as she is Dependent member in service record from beginning of the service. (pl note 1998 to 2007 she is stayed with us , 2007 to 2012 she stayed with her son & 2012 to till date she is with us)
I was opened HUF in 2012 then declared above flat as HUF, Rental income showed in HUF ITR, From 2013 to 2018 . in 2018 i sold this flat @16 lac as HUF A/c recorder in ITR. the said amount deposited in HUF Capital Gain account to buy some other property, we have opted loan to buy new flat in delhi in joint name clubbing the HUF amount. But Bank refused to Home loan if we club HUF amount. Hence plan was dropped clubbing HUF amount. Without clubbing HUF amount we have purchased a Flat along with home loan.
In the mean time we have submitted application & form G to IT department in 2020 through CA. But no reply received till date .
Pl go through above facts & suggest us, where is the complication, how to sort it out. We need money back to clear present home loan.


Manish Gupta

Central Board of Indirect and Customs had issued a Circular No. 09/2021 – Customs dated May 08, 2021, to restore the facility under Circular No. 17/2020 dated April 3, 2020, namely, 'Measure to facilitate trade during lockdown period under Section 143AA of the Customs Act, 1962'.

Taking cognizance of the difficulties listed by the trade and industry and the importance of facilitating the Customs clearance process, the Board has decided to restore the facility of acceptance of an undertaking in lieu of bond by Customs formations from the date of issue of this Circular No. 17/2020 till June 30, 2021. The importers or exporters' availability of this facility shall ensure that the undertaking should be furnished in lieu of the bonds is duly replaced with a proper bond by July 15, 2021.

The terms and conditions underlined in Circular No. 17/2020-Customs, dated April 3, 2020 as amended by Circular No. 21/2020-Cus., dated April 21, 2020 remain the same, some of which are as follows:

• Custom field formations may accept the request for submission of an undertaking from the importer or exporter instead of a bond.
• Content of this undertaking should, to the extent possible, be the same as the content of the prescribed bond.
• The undertaking should duly be signed by the IEC holder concerned on their business's letterhead.
• Proper bond in the prescribed format on a notarized stamp paper etc., shall be submitted on or before July 15, 2021.
• The security, where required, shall be furnished.


Rajani

Hi..I need to deduct Professional tax for an employee in Andhra Pradesh whose Gross Salary is more than Rs.20,000 and Rs.200pm is his deduction but he is a new employee and joined on 20th of April and his gross salary is only 12,000 for the 10 working days...so should i deduct 200pm or 150pm as he now falls in previous slab?


Patricia Long

Hello guys, I have a question as to which country https://gamestoremobi.com/kinemaster-pro.html is from, I tried searching on Google but to no avail.






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