What are the implications if, due to certain situations, ITC is being temporarily reversed and the same is kept therein without being permanently reversed or reclaimed lateron ??

What is GST Rate on construction service for non affordable residential apartments in own land ? Is land value should included in construction value for gst calculation?

Hi,
I am in need of the TR 6 Challan for custom duty payment. Could anyone please share it in an editable format such as Excel or Word?

Thank you in advance!

One of the Trust/society wants to surrender its 12A registration and 80G registration due to no work.
It is filing regular ITR-7 from last several years.

is there any option under the Act to voluntarily surrender the registration so that no ITR needs to filed ?

I have invested in few mutual funds 17 years back through a broker who is not in touch after that. Will I be charged the exit load if I switch my mfs in the same fund houses from regular to direct investments?
Please suggest any way out where I save my maximum amount if I want to redeem these mfs, without losing my money in brokerage as the broker was of no use.
Also please suggest the way to invest this amount to maximise the return.
Thanks in anticipation...

A person (X) enters into a contract with a company (Y) to supply labor for executing a specific work. X is obligated to provide the required labor but does not supervise or control their work. The company (Y), as the principal employer, directly pays wages to the laborers to ensure compliance with labor laws (such as timely payment, EPF deductions, etc.). X is paid separately as a percentage of the labor supplied. Given that:

1. X does not act as an agent of Y but has an obligation to supply labor for a specific work.


2. The wages are paid directly to laborers, not routed through X.


3. X receives a fixed percentage payment based on the labor supplied.



Would the payment to X attract TDS under Section 194C (supply of labour for carrying out work) or Section 194H (commission/agent)? Additionally, should TDS under 194C be deducted on the wages paid directly to laborers?

Respected Sir(s)/Madam/(s)
I have received salary arrears of Rs.1 lac in Current FY 2024-25 (Rs. 60000 Pertaining to FY 2023-24 & Remaining of Rs. 40000 Pertaining to Current FY 2024-25).
I have filed IT RETURN of FY 2023-24 in Old Tax Regime but now can i change new regime (Or vice-versa) of FY 2023-24, while calculating the arrears as per section 89 In Form 10-E ?

I need professional second opinion. I had filled an income tax appeal in feb 2024 through a lawer/CA. Since then I have been asking them when will be appeal heard and they saying that they have not received hearing notice. As year 2024 ended and finacial year is about to end also in 20 days I am worried sick so I asked them again they said same thing again but after that I received following message on 6 March 2025. Am I right that they forgot to do something earlier and wasted my time ? I can not confront them without professional opinion.

Thank You very much for your time.



1 Feb 2024
Informational Message :- Fw: [ITBA]Enablement of Communication Window

6 March 2025
Response to Notice ID ITBA/NFAC/S/62/2023-24/1060361890(1) successfully submitted

Response to Notice ID ITBA/NFAC/S/62/2023-24/1060355811(1) successfully submitted

I didn't file my ITR for AY 22-23 although my gross income was above basic exemption limit bit net tax liability was nil. Now I've received sms and email from CBDT to file ITR-U for AY 22-23. My question is what consequences I might face if I don't file ITR by 31/03/25 ?
Thanks

can someone please tell me in which college(s) the ca inter exams are held in SATARA ?