Death of Assesse.
Is it mandatory to immediately shut all their accounts ?
Can we file ITR from their IT Portal in the following year ?
Is there a timeline to apply as a LR of the deceased or we can let TDS be received in the account ?

what is excel formula to Calculate Interest On delay deposit of GST.
from which date to date of deposit of GST payment.

sir,
can my brother give a land to my husband as a gift deed which was purchased by him out of his own income.

How to deduct TDS , AS per old method , or new option Method to deduct TDS for salaried Person. which method is beneficial to deduct TDS for employer.

System showing default a/c interest on late payment for F.Y. 2014-15 and we have a challan with unused amt for F.Y. 2018-19...Now we wants to use challan for F.Y. 2018-19 to adjust default for F.Y. 2014-15...Pls advice is it possible...
During correction of default challan showing only for 2013-14,2014-15 and 2015-16... we are unable to add challan for F.Y. 2018-19

Pls help

Sir,
A person accounting records maintained for hospital.advance fees collections from patients rs:10 lacs show in books.
Question:
Advance fees collections received from patients accepted in it act and how the accounting entry passed in books.

Person was using od limit/margin facility given by his stock broker as per terms decided verbally. On using this facility, person was charged interest as agreed. The issue is GST was charged on this interest amount citing this as interest on delayed payment. This was charged during 2017-18. After this year, stock broker was charging interest, but stopped charging GST on this interest on its own. My queries are-
1. Are private limited companies/stock broker directly registered with stock exchange allowed to charge GST on the interest taken wrt margin facility ?
2. Can we fight now with stock broker to recover GST charged on any legal platform, if its wrongly charged ?

Dear Sir,

My individual income tax return is filed under Section 44AD under Presumptive Taxation from past 5 years. I am into Contract business and my tds gets deducted under Section 194C.

The total turnover of my business is coming to Rs. 9 lacs as per Form 26AS and after booking of business expenses the profit is coming to Rs. 6 lacs.

My query is since my return is filed under Section 44AD can I show profit at 8% of the turnover which comes to Rs. 72,000 instead of showing higher profit.

Please help me in this matter.

Regards,
Divyesh Jain

Dear Sir/Madam,
As a normal tax payer opted monthly return. In first filing of GSTR-3B, the GSTR-2B not generated till date. (15.01.2022) for the month of December-2021. There is no any purchase or sales in the month of Dec-21. (Very first return with nil return). Please advise to filing the GSTR-3B. May I file the GSTR3B without generation of GSTR-2B?
Please Advice.
Ravichandran

AY : 2020-21
An assessee had filed ITR with retirement benefits. The gratuity was wrongly shown as 32L in the ITR whereas the correct amount of gratuity was less than 20L and balance amount was commuted pension amount.

CPC- ITD had sent a communication regarding the proposed adjustment of taxing the extra amount of 12L but the assessee did not respond in due time. CPC-ITD has made the assessment with addition of 12L in total income and calculating the tax payable thereon.

How should assessee proceed in this case?
File a rectification return ? If yes then, how to file rectification return, as the rectification return filing facility is still not activated on tax portal.

If no, then please suggest how to move forward.