what is consumables in production activities.

Dear Sir/Madam
Plz guide

In latest Budget announced in Feb 2025 “individuals earning up to ₹12 lakh annually would not have to pay income tax”
Plz clarify whether individual having Business Income of 10 lakh and Interest income of 5 lakhs and opting New Regime liable to pay tax as per the Budget amendment

Please give me the exact wordings of object clause of locomotive and rolling stock component manufacturing.

Sirs
can anyone share any free EXCEL TOOL for GSTR 2B vs Books reconciliation.

Regards
JayaKrishnan

DEAR SIR,

MY CLIENT PAYING GST ON RENT, HIS ITC CREDIT BALANCE IS EXCESS THAN TAX LIABLITY, IF GST PAID ON RENT BY RCM HOW TO CLAIM ITC ON RENT. OR THE GST PAID ON RENT RECORDED IN RCM STATEMENT/RCM LIABILITY. TWO MONTHS HAVE PAID RCM THROUGH CASH. THE TAX SHOWING IN RCM LIABILITY LEDGER.

PLEASE CLARIFY ME
REGARDS

Lottery income received in fy 2021-22 can I file ITR with lod tax regime and which ITR shoul I file now?

If a person purchase flat of value 55 lacs which is under construction can tds be deducted and paid on full value of consideration instead of on each installment

If Person is Unregistered in GST & Providing DSA Service and having 70 lakh commission income it is required to get registered under GST Act or RCM Provision is apply on NBFC.

I paid RCM on Rent on Commercial Building. Building owner unregister person, and I claim ITC on same month. But i received a Notice mismatch GSTR- 3B and GSTR- 2A. How can pay RCM without received GST Notice.
Please help me asap

Whether Assessee is laible to pay Interest levied u/s 234ABC & Other penalties other than disputed tax if he opts for payment of tax under Vivadh se viswas scheme 2024