Background: I had withdrawn cash for renovation of my new flat (purchased in Jan'2015 for 1.25Cr) to the tune of ~19L-20L in FY2014-15, and FY2015-16 and gave to my cousin sister for spending on renovation, decoration, repair, furniture,labor etc. as I would be away on tours. It was our family matter and internal arrangement. I have paid taxes in the same FYs as well.
In year 2015 in August, ACB raided house of my cousin and confiscated my 19L from her house. I claimed the same in the court and demonstrated how money was withdrawn. I was NRI for 18+year since 1992 until 2010 and had substantial savings. And was earnig ~4-5L/pm on return to India as Consultant. Court passed order in my favor, and ACB had to reluctantly return my 19L with interest thereon.
Now after four month of order, ACB issuing letter asking me to furnish details of Tax filed with balance sheet to reflect if I had informed ITD about 19L given to my cousin sister for renovation works. For this draw-out of 19L, (actually more cash been drawn for various spending), it is taken in account by my CA already, but not specifically mentioning this aspect that such and such amount is meant for renovations works. I earn ~60L/pa in India.
My Query: Am I under any legal obligation to inform anybody as to how I am spending my cash, whom I have given for what purpose etc. since I am paying taxes on that cash amount as well, that is to say, also paying on my whole year salary TDS/Service taxes etc. as well.
Thankx in advance.
Regards,

Respected Expert,
Please, Advice on following issues,
As I asked a question on this nice platform before regarding transfer of 10 Lacks to my house loan account from my father.
Regarding to above transfer, My Lender Bank provides me provisional interest certificate with the amount that I deposited through of my EMI (2,52,000/-) only. Now my query is that 1) Is it okay to show the only amount deposited through EMI, OR, TO show the whole amount i.e. 2,52,000+10,00,000=12,52,000/-, that is not shown by my bank; while filling online return.

Hello, self got a loan of 30 lacs for purchase of a flat and was cleared by SBI in Oct 15. House was under-construction and got completed in Dec 17. Hence after receiving the possession letter in jan 18, I filed the ITR in mar 18 for refund. Query for above is that for 17-18, I have received tax refund, but for years 15-16 and 16-17 can I ask for tax refund. If yes then how. As max limit is 60000/- that for each year m eligible. So should I forget the tax rebate of previous years for which I have paid the loan but not filed the ITR due to possession letter.
Thank you
Regards

If the principal manufacturer send goods to jobworker for further processing through delivery challan during the quarter and receive back the goods from jobworker in next quarter, then how will this matter to be reported in filing  of GST ITC-04.

As, In next quarter recd back from jobworker, the original challan issued in previous quarter was not shown while filing

Dear Members,
One of my client received Notice U/s 139(9) for Defective return for AY 2018-19 with an error code 332 : Tax Payer has shown gross Receipt or income under the head " PGBP" more than Rs1 Crore; However, Part A of the Profit & Loss Account and/or Balance Sheet have not been filed and the books of accounts have not been audited'.

But we have already submitted the return with complete Balance sheet and Profit and loss detail. I have rechecked the xml and even the final pdf file downloaded from the e-filing portal. Even in Part A general complete audit u/s 44ab details are filled properly. we have copy of final 3cd and acknowledgement downloaded from e-filing portal but still we have received the notice.

Notice shows following probable resolution - "Please fill the Part A of Schedule Profit and Loss A/c and Balance Sheet details and also provide details of audit report obtained u/s 44AB in Part A – General."
But the above mentioned details are already filled.

It seems by mistake the notice has been sent to us. Kindly guide what should be done , or what else should we check.

I hav regular gstin Now I want to cancel my gstin. I have input in credit ledger. And hav stock also.
Reason for cancellation is no longer liable to pay tax due to threshold limit increases. Is there necessary to give details while filing applications for cancellation.

Dear sir,

Please note that i am doing small msme oil business, registered with GST in order to purchase inputs from Govt. Coperative Society. I am new to business and my turnover has not crossed threehold limit mentioned in GST.
Kindly let me know where i have to show my sales in GSTR3B and GSTR1 to avoid tax.

Thanks and Regards

Priya

Hello sir
Today I filed Quarterly TDS Statement online using DSC of salary Form 24Q. But I noticed later that all three challans are mismatched due to input of incorrect date. So before I get IT notice I want to correct it online. Kindly guide me. Can I modify date of deposit online. Please explain in brief.

Thanks in advance.

Sir, one of our client has entered in to registered JDA, in September 2016 and with the ratio of 50:50, still today the the builder not completed., it will be completed in 2020. The land lord not received any amount from builder.. So when the the capital gain tax has to pay by land lord.

XYZ (Manufacturer) have a commercial vehicle for transportation of goods and wants to provide the vehicle on hire to PQR(Manufacturer) for the transportation of Goods and for which there will be a monthly billing on the basis of number of trips and locations where the goods have been transported. Both are in the same state. 1) What will be Rate of GST to be charged on the Invoice by XYZ to PQR? And 2) The nature of Service (Whether this can be treated as GTA service or not?).