Assessee has file income tax return for AY 2023-24 , but forgot to claim TDS. Now it want TDS refund how to claim?

Wheather assessee can file condonation of delays u/s 119(2)(b) or Form 71.

A person (Age 42) has a salary income of ₹6 lakh per annum and earns ₹50,000 as FD interest. Can he submit Form 15G to avoid TDS deduction on interest? If not, what are the alternatives to minimize TDS or claim a refund?

Index:
ABC Company Private Limited – Registered Entity (Purchaser)
DEF Company Private Limited – Vendor Supplying Exempted Goods (Seller)
XYZ Logistics – Transportation Company


Case: 1
ABC purchase Exempted Goods from DEF.
DEF issue the invoice to ABC for Exempted Goods (Goods Cost 1,00,000) and Freight Charges (10,000) thereon. (Total Invoice Value 1,10,000)

Question: Is there any liability of ABC to charged RCM GST on freight charges for the invoice issued by DEF (10,000).


Case: 2
ABC purchase Exempted Goods from DEF.
DEF issue the invoice to ABC for Exempted Goods (Goods Cost 1,00,000)
XYZ issue the Invoice to ABC for Freight Charges (10,000) for transporting the goods from DEF to ABC.

Question: Is there any liability of ABC to charged RCM GST on freight charges for the invoice issued by XYZ (10,000).

HUF PAN card was obtained few years ago, but HUF did not have taxable income above the threshold limit. So it never filed tax return and not assessed to tax. Karta now wants to dissolve the HUF by distributing whatever little assets - MF investment and bank balance- it has amongst the co parceners. Please advise the procedure to be followed from tax law point of view as sec 171 does not apply. What are requitements under Income tax act to be complied with under such situation?

How to Make entry of Term Deposit and Received, whether it should be routed through Contra or payment or received in tally.

what will be the accounting group of Cash Credit and bank OD A/c in Tally and
also in the transfer same entity bank to another bank whether it should be made entry through Contra.

Resp Sir

Can a Company take loan against FDR in the name of one of the directors. Whether Section 185/186 permits it and what documents are required to be submitted by Company.

Respected Experts,

My query is as follows:
Suppose I issued a tax invoice (Invoice no 001) and this Invoice has 4 categories of Stock let's say A, B, C, and D. Each category has a different GST rate say 5%, 12%, 18%, and 28% respectively.

Now I have to charge freight from a buyer let's say Rs 5000 on this Invoice then what rate of GST would be applicable on freight charges of RS 5000?

Thank and regards

Hello,

Could you please confirm if TDS needs to be deducted at 10% on hotel room rent if it exceeds ₹2,40,000 in the financial year 2024-25?

Dear Experts,

GSTIN for other party has been entered in GSTR1 in B2B table and the same has been filed, How to amend the same in next month

Please advice

Regards,