i own a flat in mumbai - my building is going for redevolpment soon
pls guide how will my accounts be updated with all the rent recd/corpus/shifting
charges /extra area be accounted
pls also guide if the amounts received will be treated as income or not
what happens to cost of my flat which is shown in my balance sheet
thanks PLS GUIDE
THANKS

Hello CCI members,
I have one query for IT refund for AY 22-23.

Case Individual
Source of Income- Salary
For AY 22-23 I have filed ITR and received a demand notice of Rs.14000 but by mistake challan was deposited under SAT 300 instead of 400.
But department adjusted it against our refund in AY 23-24. I filed rectification request for correction of challan and it is now reflecting under 400.
Now how can I claim my refund against this challan.

Please suggest.

Thanks

Respected Members,

Following are my queries -

1) I want to surrender my Certificate of Practice. Kindly guide me about the forms, process, etc.
2) Is it required to delete ARCA account in Income Tax e-filing website ? If so, how to delete it ?
3) I have already obtained FCA. Will I be allowed to use FCA title afterwards as well ?

Request to answer asap.

Thanks in advance.

I am applying for cancellation of GST registration there is a balance in credit ledger of Rs 12,000 CGST & 2600 SGST. There is no stock remaining now. What should I do with the remaining ITC. If I need to be reversed, Where it should be reported, since I am not getting any particular tab for it either in application for cancellation or in GSTR10? Shall I report it in GSTR 3B 4B table?

sir,
one of my friend has only income from business and he has loan from single house property.
let's me know whether he can set deduction this tax amount from business income to interest from house property and this principal loan amount.
with regards
Binu

One event management company taken services from registered dealer for use in exhibition business, can company take ITC on availed services?

We are two directors of a newly incorporated company currently completing post-incorporation compliance, including INC-22A. Our paid-up capital is ₹50,000, contributed equally in a 1:1 ratio, i.e., ₹25,000 each. For convenience, one director issued a cheque for ₹50,000 to the bank, while the other director transferred their share of ₹25,000 to the director who issued the cheque.

How can we document this arrangement to prove that both directors contributed equally to the paid-up capital? Is the solution of providing bank statements and a declaration sufficient to meet compliance and legal requirements under the Companies Act, 2013?

We would appreciate your guidance on this matter to ensure proper documentation for post-incorporation filings.

TDS on web development under which section to be deducted and what rate will be applicable.

whether GST input can be availed on scooter purchased for company/LLP for office uses.

TDS under section 194Q and TCS under section 206C applicable total value Minus 50 Lakh.
50 Lakh inclusive of GST or without GST