Sir I want to know that what is the New Gst Tax rate for Zinc Sulphate 33% with HSN Code 28332990 earlier it was under 12% Tax rate

Dear Sir, for the A.Y. 2015-2016 and 2016-2017, the above subject notices were got setside based on the jurisdictional error. However, subsequenlty, Penalty orders are also uploaded in the portal. Do we have to do anything regarding such penalty orders, or automatically becomes in valid.

if 2 items are there in plant block,
opening wdv ac 5000
weighing scale 12000
total op. wdv 17000

AC is sold for just 1000 , , then what is journal entry?

my view- bank debit 1000
loss on sale of asset debit 4000
to ac credit 5000
so in books, closing wdv will be 17000 - 5000 = 13000
What will be income tax return?
op. wdv 17000
addition 0
less sale 1000
---------------------------
closing wdv 16000.
but in income tax closing wdv will be 16000.

my q --> in above case, both closing wdv in books vs income tax is different . Am i correct in closing wdv calcualtion? (assesse is partnership firm)

1 IN EAUITY ...INTR-DAY.........CAN BE TRATED AS ....SPECULATION LOSS ???

2 IN ITR...RETURN...SHOWAS UNDER.....BUSINES....SPECUALTION LOSS

3 IS IT C/F TO NEXT YEAR......
4 LOSS FIG....NOT ALLOWED IN ITR ????
5 IS SPECULATION...C/F TO ...HOW MANY YEARS


I AM DOUBTFUL.............

IF POSSIBEL....CLARIFY IN DETAILES

In case of trust how to treat Donation received in kind in 10BB and in ITR From which is not reported in From 10BD. Wheather it should be considered as coupus or other than corpus donation.

income taxable under section 56(2)(7b) on issue of shares, this option is not enable in winman software for the assessment year 2025-26 ITR6 in company. How to enable this option in Winman?

A US CITIZEN, TAX RESIDENT OF USA (NON RESIDENT FOR INDIA). FILES HIS INDIAN TAX RETURNS FOR INCOME EARNED IN INDIA- RENTAL + INTEREST. THE PERSON RECEIVED NOTICE FROM INDIAN TAX OFFICER UNDER SECTION 142(1) ASKING FOR HIS OVERSEAS INCOME AND TAX. WHAT IS THE LEGALITY OF THIS NOTICE?

if a private small company incorporated on april 2024 has not filed adt-1 within 30 days of incorporation . can the company file adt-1 now after holding agm on 25 sep 2025 . any non compliance consequences for it

One of the vendor's auditors has suggested the HSN Code 84138190 with a GST rate of 5% as per the recent 56th GST Council meeting. The vendor actually purchases the steel and forges it according to our drawings before supplying it to us. According to our internal team, it should fall under the 87089900 category. Now, the question is whether the supplier has correctly classified the goods, and in this regard, do we need to obtain any clarification or declaration to avoid future audit observations, since the classification of parts is within the supplier's scope and we cannot advise them to classify it in this or that category. Please advise.

LLP wants to remit approx 40L to Artist in Dubai. Is TDS deduction is applicable as there is no Tax Dubai.