I had made a mistake in Form 26Qb..
1) Seller's address is incorrect.
2) Amount paid details is incorrect.
How to rectify above mentioned errors and how long will it take to rectify?
PAN no and TDS amount is correctly mentioned.

From FY 2024-25 Gratuity Maximum limit has been increased upto 25 lakh from 20 lakh. So i want to know whether exemption limit in income tax still 20 lakh or it is increased.

A) GST Registered Landlord
B) given property on rent (Commercial use) to
C) GST Registered Tenant

1. Whether rental income and gst on rental income to be shown under my Steel business gstin ? Property was not purchased under my firm name it was purchased as an Individual.

2. How to maintain PROPRIETORSHIP FIRM books as rental income received in proprietor personal savings account?

3. Whether new GST registration is required for my Rental Income ?

My CA audited my books of accounts and bad debts shown in books of accounts was shown in audit report with pan no of the bad debt party.what will be the effect of pan no given in audit report and uploaded on income tax portal? Will income tax department go the bad debt party for further investigations? Please clarify in details?

Assessee is engaged in Kiosk Banking Services and earns commission on that for which TDS u/s 194H has been deducted. Someone filed his ITR 4 for AY 23-24. Now he has been served notice u/s 142(1). Can we in the response mention that the said return was filed by mistake by the assessee? Or what steps should be taken? Please guide.

I am getting an excess application in the form of negative taxable income in form 10b. Any consequences?

Hi,

I have a query regarding gifting shares.

I want to gift shares of Unlisted Co. to My father's brother's wife (Aunt). My query is as follows.

Lets say subsequently my Aunt wants to gift those shares to her son.

There would be no capital gain or income from other source & no taxable income, either for transferor or for transferee since in both cases the shares are gifted to RELATIVE. Is this correct?

& Clubbing Provisions of IT Sec 64 (or 60 or 61) or any other deeming provisions would NOT come into play. Is this correct?

Thank you very much.

whether may be negative capital for individual or what may be reason for negative capital.

The account holder of demat account had nominated his wife as 100% nominee in his account on 20th February 2024. Six months later, on 24th August 2024 he changed this nomination online through e-sign and made his son as 100 % nominee. Unfortunately, the account holder died on next day, 25th August 2024. The change in nominee was processed and confirmation mail was received on 28th August 2024, three days after his death.
Who will be the nominee in this case to claim his shares in demat account?

in which condition Tax paid or refund of LLP can be book in books of individuals as Firm Expenses.