TARIQUE RIZVI
20 February 2024 at 17:51

EXPORT BILLS PAYMENTS

Whether export bill can be realized through some other party ?


vipin

what is tds rate for supervision charges by electricity department for new connection.


CA Ankit R Momaya

For AY under consideration the assessee failed to file a return of income within the time specified under section 139(1) of the Act. It was only in response to notice u/s.148 issued by the Department initiating re-assessment proceedings, that a return has been filed declaring a profit of Rs. xxxx offered for tax under section 44AD of the Act.

Since the assessee failed to fulfill the applicability of section 44AD of the Act the assessee is asked to show cause as to why the profit offered for taxation u/s.44AD of the Act should not be rejected.

Expert view is sought whether the proposed action of AO is Right? Please supplement with relevant section, case laws, if any.


CA Parul Saxena
20 February 2024 at 14:11

Query regarding MSME registration

I have to register a corporate but its asking for aadhaar no ...so aadhaar no of authorized signatory is to be mentioned? and PAN no of co or authorized signatory is to be mentioned?


PANDIAN BRIGHT
20 February 2024 at 13:55

ITC REVERSAL FOR EXEMPTED GOODS

One of my Clients selling exempted goods under GST. for the past 6 months we forget to reverse the ITC. Now we want to know how to reverse ITC? Please Guide


Sandip Patil
20 February 2024 at 13:00

PF Nil Return

Hello,

Our organization has been closed after 10 closed but we haven't surrender yet PF Code number.

So do we have to file Nil return in PF until it is finally surrendered ?

If yes how much amount we have pay in monthly nil return filling.


nidhi jain
20 February 2024 at 12:42

TOTAL SUPPLIES FOR 42 REVERSAL

In a factory there are 2 activities happening: in 1 part manufacturing and other part has been given on rent.
Now from manufacturing both taxable and exempt supplies are made.
So while calculating reversal under rule 42, in total supplies and taxable supplies figure, will we take rent income also?
If yes, then why we will include this amount as it has nothing to do with manufacturing process, so no question of including it for reversal purpose arises.
And if no, then is it somewhere written in law?


Kavita R

Kindly let me know the procedure for transfer of shares from a deceased director to other directors in case of a private company.

Can it be done by SH4 or what documents are required?

Kindly advise .


Chahat Khanna
20 February 2024 at 09:01

80D Mediclaim Deduction

Resolved and deleted.


Surajit Bhattacharya
19 February 2024 at 21:41

MF LTCG TAX LIABILITY OF DECEASED PERSON

Say, a person successfully lodges mutual funds’ (equity) redemption request on 15-January-2024 at 8:00 am. This person dies on the same day at 11:00 am. The redemption amount is credited to the bank account of this person (his wife is the joint holder in this bank account) on 16-January-2024. Capital gain statement is showing that date of redemption is 15-January-2024. In this scenario, who is liable to pay tax on capital gains, the deceased person (by Legal Heir) or the surviving wife?





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