what are differences between
Current Capital and Partners Capital regarding LLP Firm.

A trust filed form 10A on 27/10/2021.
Form 10 AC issued by cit exemptions.
Subsequently the trust filed form 10 AB on 27/03/2023. But cit exemptions rejected it. What is the procedure to be followed noe. Can the experts throw some light on this issue please

How to present profit and loss account
Changes in Inventories
Cost of Material Consumed.
Whether only can show Cost of material consumed show or Both show in P/L A/c while preparing
profit and loss according to schedule III.

HI Experts,
I just found somewhere that Property Tax is exempted for female owners & senior citizens. Can someone please confirm if this is applicable to Thane Area in Mumbai?

Also if yes
1)If female is second name in Property will it be an issue ?
2)How do I apply for exemption?
3)Can the property Tax paid can be used to deduct my Income tax liability?

Thanks,

Dear Sir,

Let me know how Long the Data should be preserve for the Notice/Audit etc Under GUJARAT VAT ACT.
we received notice for the period of 2006 - 07 its valid ?
Please, help us

There are three offices in different states . i.e. UP, Rajasthan and Haryana. My turnover is 15 lacs in each state (Within the state only sales) . And Total turnover exceeds 40 lacs under One PAN but individual it is below the limit in each state.

My Query is that whether I m liable for GST registiration or not.

The Capital Gain arising from the Transfer of capital Assets by partner to Partnership firm how is exempt form the Capital Gain TAX

Hi all,
What to do in a case, if a company issues cheques in its current account more than the available balance in the account on 31 march. How can I traet the matter as bank is also objecting as bank borrowing becomes more than the sanctioned limit.
Kindly guide.

Regards

Ranjeet Maurya

Dear Experts,
1 As company is remitting the specified amount towards CSR activities during this Oct Month.
2 Whether the company can avail the ITC on this type of transactions,
3 Pl clarify.

A fee of INR 5000 is imposed under Section 234F in ITR 1 for using an offline Excel-based utility. I wish to submit a "rectification request" to claim tax credits for unclaimed challans.

The initial return was filed under Section 139(1), but upon attempting to change the section in the rectification request, an error was encountered stating that the original return's section cannot be altered.

I proceeded to upload the JSON file with the 5000 INR fees and submitted the rectification request.

I seek advice on how to avoid incurring these charges.?

I had filed a rectification under Section 154, but the offline utility tools are not designed to prepare rectified returns. The return was corrected using the utility tools, and the amended version was uploaded as a JSON file in the rectification request.