ARUN GUPTA

I am the karta of my huf firm andy huf firm wants to give gift to me or my wife or son? Will this gift be taxable ? Will there be any issues from income tax ? Please clarify whether gift is lawful as per income tax.


Shubham Mohite

FY 24-25 Invoice Booked in FY 25-26 & ITC Claimed in FY 25-26 GSTR3B .Do Such ITC to Report in GSTR-9 of FY 24-25 in Table 13 & 8C.Please Help


Dibyendu Majumder
24 December 2025 at 18:53

ESI Contribution after implementing COSS

My client spends wages for one of his employees amounting to 25000.00, which includes INR 12500/- basic & INR 12500/- HRA. He also contributes INR 1500/- (12% of INR 12500/-) to the EPF Fund. So, after implementing COSS, total wages for ESI contribution is come to INR 12500/- or INR 13250/- , (total basic INR 12500/- plus the difference of 50% of CTC INR 26500/- i.e. INR 13250/- , HRA INR 12500/- + Employer EPF contribution INR 1500/- i.e. INR 14000/-)


Suresh S. Tejwani
24 December 2025 at 18:38

ITC REVERSAL

IN THE CASE OF A RESTAURANT BUSINESS PAYING GST @5% WITHOUT ELIGIBILITY TO CLAIM ITC ,WHERE ITC HAS BEEN INADVERTENTLY CLAIMED AND SUBSEQUENTLY REVERSED UNDER WHICH RULE SHOULD SUCH ITC REVERSAL BE REPORTED IN GSTR-9?


MAKARAND DAMLE
24 December 2025 at 17:25

Revised Income Tax Return AY 25-26

Original return of income was filed u/s 139(1)
Subsequently intimation u/s 143(1) received and refund credited
Later it was notices that bank account held outside india was not disclosed in original return of income

My question is whether revised return of income can be filed since original return has been processed ?


Rishita Nahar
24 December 2025 at 14:55

TDS deduction liability ?

If an assessee had got tax audit last year, turnover
A. Upto 1 crore
B. 1 to 2 crore
Showing net profit less than 8/6 percent in 44AD.
Is the assessee required to get TAN and deduct TDS?


VIKAS KUMAR SHARMApro badge

Sir if some one has opened SUKANYA SAMRIDHI ACCOUNT by name of girl child. Is it mendatory PAN number by name of minor child to do deposit small savings(less than 50k) in a year
regards
Vikas Sharma


deepak
24 December 2025 at 10:01

Gst itc related queries

Our client making fabrication stall and providing event and exhibition services under SAC CODE (998596). he has taken security services for events business and paid gst to security services provider. Can the client claim ITC of security services gst already paid?


Raj Patel
23 December 2025 at 20:06

BOE Not reflacting on IDPMS portal

We need to process a payment against import, but the bank is rejecting payment because BOE is reflecting on the IDPMS portal. Does anyone know how to handle this?


omnath
23 December 2025 at 18:45

NRI GET FOR SALE OF RURAL AG. LAND

SIR
MR A NRI. HE GET THE SALES OF RURAL AGR LAND FOR( INHERITED LAND MORE THAN 100 year)
my query is
1) it applicable for LT
2) PROCEDURE FOR THIS AMOUNT TRANSFER FROM INDIA TO HE LIVING COUTRY
3 ) LIMIT OF TRANSFER AMOUNT
THANKS





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