We received an Import shipment on 28/10/2022 from Taiwan by DHL courier. Details of the transaction are as follows:

• 100% Advance Payment made from Company account “SAKAR ENGINEERS”
• Invoice is in the name of Company “SAKAR ENGINEERS”
• Material sent by shipper through DHL courier. AWB is in the name of S.G. Karhadkar, Proprietor of Sakar Engineers. BOE is generated as per AWB, in the name of the Proprietor.

We have a follow-up with DHL Courier, and they have informed us that they cannot amend the BOE. We cannot regularize advance payment , since the BOE is not made in the company name. Please advise action required to be taken.

Hi Sir/Ma'am,

We are two brothers and paying rent to father to claim HRA. Now we are planning to buy one property by taking home loan. Brother and I will be the co-applicant and property will be on the name of father. So my question is can we (brother and I) claim both HRA and the home loan interest while filing ITR?

if we receive deficiancy menu in gst refund then with in how many days we should file fresh gst refund (is there any time period ).

Our company is a newly incorporated company,whether it can register in K-RERA.what is the procedure?whether all directors income tax return for past three years needed? Pls help

What is the solution if buyer wrongly feed PAN of his own in place of PAN of seller in Tax chalaan.

I have received Intimation Seeking information/clarification on the data in the return filed
" Adjustment of income araising u/s 143(1)(a)(ii) - Disallowance of expenditure and deduction indicated in return in schedule HP not taken into account while computing the total income".

Actually i had made an error filling Schedule HP. I have mentioned Property 1 as self occupied property which has 0 rental income but by mistake i have mentioned the rental income of Property 2 in Property 1. Please refer to the example below where (1 a) had to be 0 but but mistake i entered 1,00,000. I need to reply to them about this mistake.

Can you please help me formulate a proper reply.

For Ex . Property 1 self occupied property
a Gross rent received or receivable or letable value (1 a) 1,00,000
b The amount of rent which cannot be realized (1 b) 0
c Tax paid to local authorities (1 c) 0
d Total (1 b + 1 c) 1d 0
e Annual value (1 a – 1 d) (nil, if self -occupied etc. as per section 23(2)of the Act) 1e 1,00,000
f Annual value of the property owned (own percentage share x 1e) 1 f 50,000
g 30% of 1 f 1 g 15,000
h Interest payable on borrowed capital 1 h 0
i Total (1 g + 1 h) 1 i 15,000
j Arrears / Unrealized Rent received during the year Less 30% 1 j 0
k Income from house property 1 (1 f - 1 i + 1 j) 1 k 0

Thanks

Hello, I had a query that one person earning only rental income has a security deposit of the same from licensee. The rent agreement is of 11months 29 days. She only has NRO interest income and rent as her source of income. While the fact remains that the licensor has given a lot of time and effort for this agreement, so I personally think that the rent agreement may even get renewed. So, in such a case how do we classify the security deposit on rent.

महोदय, भूमि क्रय दिनांक 27.2.18 सह स्वामी संपत्ति ए एवं बी पुर . ITR 3 फाइलिंग A प्लॉट pur.A. 290000 बिक्री कुल राशि 295000 एक व्यक्ति 100% लेकिन ITR फाइलिंग जो बेची गई राशि पर विचार करें? पूर्व संपत्ति के मालिक ए 50% बी 50%? बिक्री राशि A.147500 और B.147500 LTCG की गणना करें? और आईटीआर। पूर्ण विचार मूल्य? इंडेक्सेशन गणना के बिना अधिग्रहण की लागत? इंडेक्स ए.कैलकुलेशन.290000/272*331=352904 बी.कैलकुलेशन.290000/272*331=352904 एलटीसी लॉस ए-205404 और बी-205404 आईटीआर। सही हिसाब? कृपया।

what would be the journal entry of Right ratio received of 96 shares on dated 12-04-2022 from Asian Grantion.
And what will be the cost of shares received.

Asian Granito Opening share on 1st April 2022 78
Asian Granito Right ratio is 37:30 ( 78*37/30) 96
Total shares 174 sale of shares 96
Closing stock on 31st March 78 Units
How to make Journal entry of Right share received record date is 12-04-2022.