If one has taken ESOP of US based company and tax was deducted there on by US country and it is again taxable as perquisites as per Indian income tax law, how to avoid the double taxation in this case

Can we accept cash on sales of commercial vehicle from purchaser (we being goods transport agent). Purchaser is an individual and has no GST registration and he intends to pay full amount in cash and will be paying in instalments. Can we accept his proposal and if there is any limit on such transaction, how much can we accept in cash.

Thank you

Dear experts

I am a regular taxable person under GST and my turn over is less than 40.00 lac in last F.years and the stock as on 31.03.2023 was Rs 35.00 Lac and i want to close my business in current FY. Can i cancel GST number. In that case any GST liability to be paid.

Thanks in advance for reply.

My husband can transfer say X amount from his personal income into our newly created HUF. Will that be treated as income of HUF and taxable? If we invest the amount in Shares / Fixed Deposits, Will the income/interest be taxed at HUF or my husbands tax slab?

Hello,

Is UDIN mandatory on signed Balancesheet and profit and loss account?
where income tax return filed under section 44AD
where income tax return filed under section other than 44AD and 44AB

Dear sir/madam,
My Friend cancelled his GST on 19.06.2023. After that there is no any order or notice to him regarding the cancellation. When will need to file GSTR10? Please advice.
D.Ravichandran

Respected Experts, My daughter left to foreign country after marriage. While she was in India, she was working and filed Income Tax return regularly, although she is not subjected for any tax. Now she is in foreign country as house wife for the past two years. She has some Fixed Deposit account which earns interest less than 2 lakhs per year. She has not filed her income tax return for the past two years due to her absence in India. Whether any tax is liable for her Fixed Deposit interest? If so, what is the rate of tax? If not, whether she can file her income tax return after her return to India? Whether she is liable for any penalty for the belated filing of tax return? She retains her Indian citizenship and she is holding only Indian passport. I shall be much grateful for your esteemed advice. Thanks in anticipation.

Dear Sir,

We had a HUF named " BHUSHAN CHAND AND SONS HUF" , but the karta is no more.

Now our query is how can we change the Karta?

Thank you sir

Whether royalty received by me as a landowner for extarction of minerals is income from business or profession?

Hello Experts,
I am writing to bring to your attention an issue regarding a self-assessment tax payment(AY 2023-2024) that I made . I recently received communication(system generated one) from the Income Tax department regarding the status of my payment, and it appears that the transaction is on hold due to a no response from the bank.
under Generated Challans status showing as no response from bank and under Payment history I could see the details of payment done and Bank reference number. I do have BSR code and Challan no whcich shows about the payment more important is amount is debited from my bank acount it has been 23 days now still status is not reflecting in IT portal. please suggest next course of action for me..