as per section 7 of the copnay act an advocate is also authorised to file a declartion but on mca portal only ca or cma is authorised and no space is given for an advocate . whether an advocate can form a company by filing declaration without the help of ca or CMA

Hello.!
can we claim ITC on purchases for construction of warehouse such as cement, steel etc. The constructed warehouse is to be let out for rent and GST would be collected on the same. Considering the 55th meeting of the GST Council and the amendment in Amendment in section 17(5)(d) of CGST Act, whether ITC is available to claim & set off against future tax liability on rent collected from warehouse let out.

Hello, Guys can any one tell me whether we need to file STK -3 ( Sign and Execute) in the same state where company is registered or we can execute in a different State

Dear Professional friends very good morning.
my client who is now in UAE N Visited july 30th 2025 india and returned to dubai by august 21st 2025 now willing to sale a property in bangalore apprx 1.5cr, which the same bought for apprx 1cr as on 2022 coctber. so kindly share me tds applicability for NRI and other capital gain provisions In brief and value of capital gain in a nominal values. which section 194 or 195 of incometax act will be applicable for tds. kindly support us they are in dubai and not known provisions of these tax and statutory implications. thank you in advance for your utmost support and time spent for our querry.

A person having rent a car business. Customer takes car on rent on daily basis, customer itself fills fuels & customer itself drives a car. It’s a self driven car. Is this service chargeable to GST 18% with ITC only or supplier has option to pay GST 5% without ITC ?

Sir,

A pvt ltd company no expenses and no incomes ,share capital was introduced and later the director withdraw amount from bank.so the situation is

trial balance
share capital 10 lakh credit
Director Loan 9.65 lakh debit
how to show this director loan in books as it is debit balance and if small company has any exemption to 185 AND 186,also how to report in audit report.The company has neither accepted any borrowings nor any payments.pls help

Please see videolink https://www.youtube.com/watch?v=UTFdWnmUm6k

Dear Sir/Ma'am,
This query is pertaining to AY 2024-25.
I had filed the return u/s139(1) under old regime where I had claimed 100% deduction for donation made to "The National Trust for Welfare of Persons with Autism, Cerebral Palsy, Mental Retardation and Multiple Disabilities constituted under sub-section (1) of section 3 of the National Trust for Welfare of Persons with Autism, Cerebral Palsy, Mental Retardation and Multiple Disabilities Act, 1999". However, few days ago I have received an SMS alert from the income tax department saying that "Our records show that you claimed charitable/relief fund donation deductions in your AY 2024-25 ITR. However, based on the PAN you provided, the organisation you donated to may not be eligible for the deduction you claimed.

You need to update your ITR to either add the correct PAN or remove the deduction. To do this,visit https://www.incometax.gov.in. Once logged in, navigate to “e-File” → “File Income Tax Return → “Select Assessment Year” → “Select Filing Type” → choose “139(8A) - Updated Return” → “ Select ITR Type” → “Continue” and update section 80G/80GGC".
As per the provisions of section 80G, donation to the above entity is eligible for 100% deduction.
Now I am getting a tax payable along with interest u/234A, 234B and 234C to pay the tax on this donation amount.
Can anyone please guide me how to resolve this query.
Also is there any way in which I can verify the PAN of the Donee Entity.

I am a wholesaler of Raw Tobacco. What is the implication of the new notification no. 19/2025 dated 31/12/2025.
how to raise an invoice and how to show the excise?? Weather I have to apply for excise registration?

Hi everyone,

I’m trying to amend Form 26QB on the TRACES website and running into a strange issue.

• I submit the amendment request.
• I get a confirmation saying the request has been successfully submitted.
• When I check the Request Status after about 10–15 minutes, it shows “Declined.”
• The PAN and Acknowledgement Number entered are correct.

This is happening for multiple Form 26QB filings that were filed incorrectly and now need amendments.

I’m trying to understand:
• What are the common reasons for an amendment request getting declined after successful submission?
• Is this usually due to a validation issue, timing issue, or a known TRACES system bug?
• Are there any specific checks or prerequisites I should verify before re-submitting?
• Is there a recommended workaround, like waiting longer, re-filing at a certain time, or using a different correction type?

Any guidance from someone who has dealt with this recently would be really helpful.

Thanks in advance.