My father is karta of a huf firm. Can this huf firm give me gift of 10 lakh rupees. Will this gift be taxable? Please explain.

I have two trust one is old trust which was registered under income tax act for 12A and 80G in the year 2010. Now in this case I have filed form 10A on new portal, after few days I got form 10AC “order for approval” in case of 80G and “order for registration” in case of 12A. I think this is my final registration order. Now shall I have to apply for 10AB?
Another trust which I have formed in 2021, for that I have applied for 12A and 80G in form 10A in January 22, in this case I have got the provisional order for registration” and “provisional order for approval” for 12A and 80G respectively in the month of February 2022. Now for final registration do I need to apply in form 10AB ? if yes then what is the time limit to apply ?

Sir /Madam,

As we have more than Rs.20Crores turnover we shall come under the purview of e invoice -B2B e invoicing w.e.f 01-04-2022


We have made trail entries for our March 2022 invoices using GePP-offline tool
it smoothly creates json and upload the same and get print the invoice with IRN and QR code in pdf
and now we plan to despatch our goods with

1)our own invoice printed on pre printed form and with manual signature
2)along with the e invoice printed in pdf format with QR code and IRN and
3)eway bill generated in the site.

Is it correct? or we have to print the QR code and IRN on our own invoice format?

if the later option is correct how can we download QR code from the site and print in our own format?

Kindly clarify

Many thanks in advance,

with warm regards,
Bazeer L

Sir,
It returns non filing person mobile sms received from it department e-campaign /pending/ non filing of returns in f.y.20-21
Sft -004 cash deposit in bank sb account rs:16 lacs .but assessee rs:16 lacs amount different clients received after clients gst and it tax pay through on online mode used purposes.
Question:
Assessess it returns filed compulsory or reply filed only in f.y.20-21.

Sir, I had filed for TDS refund in the month of Oct 2021 and was expecting refund in Dec 2021, but its already March 2022 end, so far i have not received my Refund in my Bank Account. please let me know where to check the status of my Refund and what is the procedure. Thank you very much.

Sir,
It assessee purchase of agriculture land rs:5 lacs pay amount through on cash mode in f.y.14-15.
Question:
Assessess sec 269t violation provision in it act.

Hi,
I have a doubt in my tally prime balance sheet, my tally prime was not showing fixed assets, how can i rectify this problem help me sir. this is start up company and am also new candidate no practical experience.

We had deposited all the returns of 17-18 & 18-19 in 19-20 with interest and penalty. Penalties for late deposit of 3B were waived off later on. can we apply for refund of those penalties now and how. Kindly guide

Our Form ADT - 1 is expired on 2019. Shall we file new ADT -1 form with same Auditor ??? or will expired ADT - 1 SRN applied into form AOC - 4 ???
Please note that we are under Small Company category.

Kindly guide us.

Good Afternoon Professionals,

Our firm is non audit case for Last Financial Year but for this year our turnover is crossed threshold limit so we have to audit but my query is we made payment to contractor of Rs. 1,31,000/- in current year, 1)for this amount should we need to deduct TDS or not. If yes then please let us know the percentage and 2)we paid more than 50 Lakhs to some suppliers should we collect TCS on it.
Thanks and hoping for suggestions.