What would be the remedy when the Chief Commissioner of Income Tax rejected the request of condonation of delay of submission of return of income as per per circular no.13/2023, dt:26/07/2023 of CBDT

Dear sir/s,
Ineligible ITC of previous years re-claimed in this year i.e. FY 2024-25 but failed to reverse same, it is showing at dashboard can we reverse with Dec-2024 GSTR3B return, please guide me.......

One of my client is duly registered under the Rajasthan Societies Act and the same is running a Goushala since 2021. While applying for the Registration u/s 12A and 80G the CIT has raised an objection that my client should have been registered under the Rajasthan Public Trust Act instead of the Society Act. Is it correct? Any case laws also please...

WE NEED AOP DEED FORMAT FOR TEMPLE KUMBABISHEKAM . TO OPERATE BANK ACCOUNT

Dear CA Club Team,
I took multiple Letter of Credit (LC), Bank Guarntee (BG) from multiple Bank as well as i took an Cash credit limit (CC) approx 2Cr for full fill our company working capital limit and also i have to submit the Stock Statement with the Bank but i have an issue in front of me How LC and BG impact on my Monthly Drawing power(DP) Because Stock + Debtors-Creditors but Creditors and debtors will be depending on the LC & BG based. How can i resolve for it Kindly Give me some Resolution and practical aspect and example while i could be used in my business secnerio Please share with me the suitable example whose covered Drawing power (DP), CC Limit, LC, BG etc.
Please

I have received four delivery challans from my customer for returned goods. Later, my customer issued a debit note aggregating the quantities from all four delivery challans, which were included in one tax invoice.

Should I generate a separate credit note for each delivery challan I receive, or should I issue a single credit note against the debit note? Which approach is considered as good practice and GST-compliant?

Hi Experts,

I bought a property from a property investor (not the builder) while the construction was still ongoing. I paid him for his equity based on his valuation, which was in excess of 50 lacs. Now the property possession is coming near, and the final payment due to the builder this time is less than 50 lacs. Do I need to deduct TDS and submit on behalf of the builder?

Also is there any rule about TDS payment proportions in case of 2 buyers?

Many thanks,
CA Amit Khaitan

Dear All

Trade license required or not for any registered Charitable Trust with proper office address in West Bengal ?
This trust already obtained certificate U/s 80G as per IT act.
Plz reply wiith related law reference.

Regards

S Mallick

Error occured during filling TDS return 24Q codeT-FV-4263 in rpu

what is the journal entry to be made to claim the ITC in books of account if payment not found in Bank statement?