Job loss occured in 2022 and started freelancing. For that purpose, bought a laptop. Registered on freelance platforms, by giving PAN and other relevant details. The income received from these platforms deduct TDS. However, no freelance income has been received till 31st March, 2023. Can the laptop be claimed as a deduction? Which ITR should be filed?

Only income for FY22-23 is salary till the day of job loss.

Hello Everyone
ABC PVT ltd. is engaged in Even Management - can it claim ITC on food and beverages spent on account of the business?

Thank You

Sir we have a English medium school having affiliation upto class 8th English medium.

1.The school is registered under trust and trust is having it's pan and bank account. We wanted to buy a school vehicle so do we need to create a bank account for school separately or it can be bought through trust's bank account?

2. And if we want to open bank account on the name of school so what are the documents required?

I am partner is a CA firm book, now want to leave as partner and want to start my own practice. Other partner and incharger partners if not give consent.
How can I complaint with concerned regional office.

Urgent !

Is TDS applicable for the extended warranty charges for the Laptop which is included in the invoice and not as separate invoice/ contract?

Thanks in advance!

Can the amount received from promotor( A Private limited Company) be considered as deposits? will it come under the definition of depositors?

Thanks in Advance.

As per requirement from IT all bank account details need to be disclosed while filing IT return.
For an NRI - NRO account details are declared as all income etc in INR gets into this account.
Is it also a must to declare NRE account details also ?

For any advance received , is income taxable.
and for the advance received whether invoice can be issued.

Respected members,
One proprietorship firm engaged in providing tour operation services ( International) has collected TCS U/s 206 during the month of May 2023 . Can anyone please guide under which code it will be deposited online through income tax portal..?
Because there is no description is showing as Tour operation services. Is it fair and correct to select Description as "TCS On foreign remittance " Under Section -206 & Code- 6 CO for depositing TCS collected .

Thanks & Regards
CA Enayat

I am a CA Final student and have appeared for both groups in may 2023 but failed to clear, my querry is that if I give exam for single group in nov 2023 exam and clear the same, then what are my eligibility criteria in may 2024 also i have completed my articleship in 2022.