Intimation u/s 143(1) has been received. Tax is calculated @ 30%. However The company is liable for Tax @ 22% u/s 115BAA. Now in the said intimation taxable income has been revised and tax payable is calculated @ 30%. Revision in Income is correct.
Because of difference in tax rates demand is raised.
My question is whether the above mistake in tax rate can be rectified u/s 154 of the I T Act

1. There is joint commerical property owned by Mr and Mrs X . Mrs X wants to rent the property to an LLP for Rs 30000/- per month., wherein Mr X is LLP partner. ( Mrs X is not LLP Partner and is housewife having income tax Pan No). Will clubbing provisions of income tax apply in the hands of Mr X partner.
2) Whether TDS is to be deducted also.

I am a retired person from a Private Sector Bank during FY 2020-21 and subsequently engaged as an on-line lecturer in Banking studies and the remuneration was deducted under sec 194JB. As I was both salaried and subsequently a Lecturer during the said FY, -please advise me the most appropriate ITR Form for filing the return in on-line mode .
Thanks and regards

Partnership Firm has been converted to LLP
My questions are

1) whether P A N, T A N and G S T Numbers will remain same and only amendment as to change of name to LLP needs to be done ?

2) Conversion date is 10th December, 2021. Whether two sets of Books of Accounts will be prepared viz from 01.04.21 to 10.04.21 and 11.04.21 to 31.03.22

My client export under HS Code 63053300. Now he wish to claim of RoDTAP scheme. But no mention RoDTAP amount in shipping bill. Now what to do ?

CHA agent has submitted import bill for booking (Reimbursement expenses-Shipping line and CFS charges). Suggestion is require for can I deduct TDS or not on (Reimbursement expenses bills shipping line and CFS charges).

Dear Sir/Madam, please provide a solution for this.
Salary income: 7.50 Lacs
Turnover of F&O: 6.5 Crore
Losses in F&O: 1.9 Lacs
Is tax audit applicable for the above case.
Will your answer differ if the turnover is below 1 crore.

As per new GST Notification from 1-1-2022 only ITC which are showing in 2b is available. My question is how to take ITC on materials in Transist. (i.e. materials despatched on 30th and 31st of the will received at our factory on 3rd 4th of the next month. in which month we have to take ITC of these materialas. in current month as per 2b or Next month as per GST rule that to take ITC materials should be received at the Factory. Please advise

Thanks in advance

Is there any format of Balance Sheet of a proprietor Ship firm is Prescribed under any authorities ?
Should I write "Note" or "Schedule" in Balance Sheet of a proprietor Ship firm ?

Sir
Auditor has disallowed provision for expenses made at year end , in Tax Audit , as no TDS was deducted.
Is it now necessary to pay interest on non payment of TDS.
TDS was later deducted & deposited on actual bill booking.

Thanks,