pkkapoor
11 February 2025 at 05:03

Benefits to sr. Citizens

For AY 2025-26, what are the benefits to sr. Citizens ( 60+)?


Jigar Morbia
10 February 2025 at 23:40

26QB Form - TDS

I have registered the agreement and paid stamp duty @6% of total consideration = 8,10,000. There are two buyers with 95,00,000 and 40,00,000 contribution.

For First Buyer:
Question-1
"Total value of consideration (property value)" = 95,00,000 [ As per the contribution - Is this correct?]

Question-2
then "Amount paid/credited currently (B)" should be 95,00,000 or 94,05,000 (i.e. amount paid to seller after TDS deduction = 95,00,000 - 1% TDS = 94,05,000)

Question-3
Difference between "Amount paid/credited currently (B)" and "Total Stamp Duty Value of the Property (C)" is greater than 20% i.e. 20.32% and giving warning message. Should I proceed for TDS payment or make C = B?


Venkateshwarlu Pulluri

Respected sir/s
can the legal heir file the GST return of deceased person in proprietary business



Suresh S. Tejwani
10 February 2025 at 18:34

DTVSV HOW TO WITHDRAWAL OF APPEAL

HOW TO WITHDRAW APPEAL FOR FILING FORM-3 OF DTVSV ?


Kunjan


a pvt.discretionary trust is partner in a partnership firm, trust received 80 lakhs as share of prift as it was partner in firm (claimed exmpt).

same amount was given by trust to individual beneficiary of the trust,

if a pvt.disc. trust gives a cheqe to its benefeciaries, i think its distrubtion of capital,, hence not taxable in beneferias's hands.

but AO taxed in beneficiarie's hands stating , pvt. disc. trust earned exempt income which it distribtuted to its beneficiary and hence, as beneficiary is not directly earning exempt income as partner in firm, its taxable in beneficiary as other source income.

my view--> trust has just distributed capital , where is it income of the beneferciary?
is ao right?


PROFESSIONAL ADEPT
10 February 2025 at 18:32

Treated as invalid return

Sir,
We filed updated return for the year 2022-2023 on July 2024 17th.But due to technical reason the audit report not got uploaded on same day. Audit report was filed on 24th July.Json error was the reason for the delay.Notice was issued for defective return,but was unable to submit the reply.so the department treated as invalid return.We have paid nearly 2 lakh rupees tax for the same.Kindly help what to do next.Can we file appeal for the same.Pls help.We tried to reply the notice but was not able to submit the same.Please help


BHARTI R CHUADHARI
10 February 2025 at 18:24

Gst entry IN TALLY PRIME

four flat book in year 2020 one party pay same amt - 100000/- each flat plus gst

after 2022 party request only two flat we book and two flat money trf to that two flat
but money not try yet 2024 what is entry pass in case
how to entry gst + flat cost
example in 2022
f/101- 100000
f/102- 100000
f/103- 100000
f/104- 100000
after 2022
f/102 / f104 money trf to this flat
what is entry with gst in tally


ARCHANA

Sir/Mam,

We have received mail from ICEGATE Escrips.

Any New Facility started in ICEGATE for automatically escrips

Can We use this Escrips,

plz kindly explain the process of Escrips

Thanking you,


madhu Reddypro badge
10 February 2025 at 14:37

GST 1 rectification

Dear sir
My mistake I have entered outward sales of x company data In y company
Can i rectiy the same in GSTR1A
In same current period
Please help how to rectiy


abhijit majumder
10 February 2025 at 13:56

Query on ITC on GST

Sir
Our Company engage in production of cattle feed and Meat and meat products.
We engaged manpower through agency ie all of our manpower are Manpower Supply Agency deployed personnel.
While raising bills at the end of every month by such Manpower Supply Agency they charge GST on the manpower supply service provide to the company.
My query is , does our Company can utilize such GST(charged by the Manpower Supply Agent)
as ITC subsequently.
Our company have to pay GST on production & processing of Meat products however Cattle feed are exempted from GST Liability .
Regards
Abhijit







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