I applied for 12A registration of a trust under the new scheme in Form 10A and got provisionally registered. Then I applied for permanent registration of the said trust in Form 10AB. After the respective proceedings by the department, our application for permanent registration was cancelled. But the certificate of provisional registration is still available in the assesse's portal. When I tried to submit a fresh application I couldn't select the section code citing the reason that there is already a valid form submission.
Kindly guide me through the next step and also regarding the validity of provisional registration since the application for permanent registration was rejected.

Dear Sir,

One of my client who is an Indian resident has become an NRI in the year 2020 after shifting to USA. Her husband who was an Indian resident expired few years back and was having mutual funds in his name.

The wife transferred all the mutual funds of her husband in her name in 2023 as she was the nominee and redeem the funds.

My query is since the wife has earned income in India she has to pay capital gain tax in India. Is it ok for her to maintain a saving bank account or she has to open NRO account to take the sale proceeds of mutual funds.

Please help me in this matter.

I have paid the fine amount, I got the challan . But it's not reflecting on portal after i login and try to link my pan with aadharcard.

Hi Expert,

Is there any benefit to Merchant exporter to procure services under concessional rate. ??
i.e A is located in India & B is merchant exporter customer of A also located in India. B procure goods under concessional rate & supply to C who is located in Algeria. But for completion of project A is provide services to C who is located in Algeria on behalf of B. What is the applicability of GST under this scenario.

Respected Sir,

We had filed a revised return of TDS on 29th May and today is 2nd June. Total 4 days have passed but still the status of the statement is not showing the status of the corrected TDS Return. I would like to know how long normally it takes for processing the corrected TDS Return. TARIQUE RIZVI

982 1630 130

We are Electric Trader but for construct Godown we purchase cement and steel, where we received Input Credit on Cement & steel and also we want sale excess steel and cement with GST is it allow?

Dear Sir/ Madam,

May I please know why TDS in NOT deducted on Payment of Shipping Line Charges in case of Import ?

Thank you,
Rachana

I am facing below error while filing the ITR-2.

May I request you to kindly extend your help.

Error Description Sum of income u/s 111A or section 115AD(1)(ii)- Proviso (STCG on shares/equity oriented MF on which STT paid) & Pass Through Income in the nature of Short Term Capital Gain chargeable @ 15% in schedule SI should be equal to corresponding income as per schedule BFLA

Income details:
1) Schedule OS : Income from other sources (Bank Interest etc..) : 83,100
2) Schedule CG : Income from MF sale (short term) : 1,01,938
3) STCG details in Schedule CG, under Tab 15% rate also filled

Schedule SI shows : 1,01,938

I have filled in Schedule CG, Schedule OS - however the above error persists. Not sure what do I need to do.


Kindly assist

Dear Sir,
As we all know that Limit for TDS u/s 194-C for payment to contractors is Rs.30000/- single payment and Rs.100000/- aggregate. Now my query is suppose the contractor has given different payment aggregate to 80000/- ( 25000+25000+25000+5000) on 4 different dates in same financial year and the same got credited on that respective bill date in books during that particular financial year say FY 2022-23. Now suppose payment of Rs.80000/- is made through single cheque then liability of TDS u/s 194-C arises or not ? No other bills during FY 2022-23.
Experts please answer.

Hi there, we are business based on Goa, our buyer has the GSTIN registered in goa, but place of supply of goods is in Haryana. Since the billing address is same as sellers address, that's in the same state but goods will be delivered in haryana. Can you please tell me whether igst or cgst will be applicable? Also please explain.