Sir,

One of my friend's PAN was not linked up to June 2023. But subsequently linked by payment of Challan of Rs. 1000. Now by accessing the profile, status shown was linked, but when taking form 26As, it was shown that PAN was active and inoperative. Whether he has to any thing else for filing IT return.

Hello Sir,

We have raised to invoice (In Euro) to our party which is situated in spain.

Mistakenly they have initiated payment to our Holding company in United Kingdom.

Amount received in Holding Company is in GBP currency as it is situated in UK.

Our Indian books of accounts are still showing that Amount receivable from Spain Party.

What Accounting effect should be given to close this invoice from AR report ? Please guide.

Sir,
I have filed ITR-1 on 26th June with refund claim ,again filed revised return about 10 days latter on 07the July with more refund claim.
My original return is processed and awaited refund but
what is about revised return ? will it process on later?

Urgent answer pls

Dear sir
I retired last year from a private company after working for 11 years. Company had taken a group master policy for gratuity payment with LIC.
So i received gratuity amount cheque from my company but they were paid by LIC for same.
In which schedule of ITR I can show that amount and i suppose it is Tax free.

Thanks to you all for advising.

Sir, I had down loaded ITR2 , in Excel format.Filled all pages , but could not get validation from page -- CG. i do not have any capital gain or loss. But on pressing - validate- it shows - run time error 13 - mis match etc. What to do sir.

If a speed post article is booked from Hyderabad to Chennai (Inter-State Supply), Kindly let me know what is the impact of GST. Whether it is CGST/SGST or IGST.

Hi Everyone,
One of my Client Leaving in Canada for 2 years on work visa, he is earning Salary Income and having bank account in the same country, as well as paying tax on the same country.
I have related queries as follows:
1) Whatever Salary income earning, on that he need to pay tax in India and Need to File ITR ?
2) He transfer part of amount in his Indian Bank, whether this amount is taxable or non taxable ?
3) After 2 years he will back in India, and whatever amount he was earn bring in India or Transfer in Indian Bank, then those amount will be taxable or non taxable.

Please guide on the same.
Thanks

Hi

Between April 2022 and mid-August 2022, I worked as a freelancer for a company. From mid-August 2022 onwards, I moved to a permanent employee position within the same company. I have received Form 16 for the period of August 2022 to March 31st, 2023, and Form 16a for the period of April 2022 to mid-August 2022.

Now, I am unsure if I need to file separate income tax returns (ITR 1 for the permanent job and ITR 3 for freelance income) or if I can file ITR 1 only and include the freelance income under the "Income other than salary" head.

Your suggestions would be greatly appreciated.

Hi Sir, what will happen if I filed only 1 form in case of 2buyer? I bought an under construction property from a builder who handled the TDS on my behalf but he paid the TDS only on my PAN and nothing on the co-owner, what should i do now?
The entire TDS was paid on time with each installment but it was entirely paid on my PAN and nothing on co-owner.

Mr A is an individual who works for private company. His contribution to Employee Provident fund is above Rs 2,50,000 (contribution to PF by employer also applicable).

His interest on Employee contribution for the FY 2022-23 consists of –
Interest on Taxable amount of current year contribution FY 2022-23 and
Interest on Taxable amount of accumulated contribution for FY 2021-22
Query

1) What sections among the four options, i.e. Section 10(11) First proviso, 10(11) Second Proviso, 10 (12) First Proviso, 10(12) Second Proviso, will be applicable to him?

2) What is the Difference between Section 10(11) First Proviso and Section 10(12) First Proviso?