Chandra Kala


Whether a person can become a Managing Director of a Private Ltd Company without share holding? If so, whether he has to obtain DIN and conditions if any.


G Prathiba
23 June 2023 at 15:01

Relief U/S 89 - For Gratuity

Explain Calculation for relief under section 89 for "GRATUITY"?

Thanks in advance.


Daya

How to rectify It.
In GST Returns 3B shown more Cash Paid Instead of actual paid and also wrongly availed GST Input and Utilized , These are regular basis Mistake, Mistake in GSTR-3 B November 22 Onwards to May 2023. How to rectify it.


Arun Baid

My Mother in Law gifted me 10 shares of TCS on 30/05/2022. what journal entries has to be made to record the this transaction in both our books . Please also let me know what entries to be passed in tally for the same in both our books of account.


Yash K Nayak

Dear Sir,

Any addition in revenue done by Income Tax department under search, whether on that addition GST is required to be paid or not? If yes, whether interest and penalty also attracts to the same? Please provide specific case judgment, if any, already passed by department.


Vijayan Middey
23 June 2023 at 13:01

Filing of ITR3 for AY23-24

As per Schedule BP
2a.Net Profit or Loss from speculative business included in 1(enter –ve sign in case of loss)
[Sl.no 12b of Trading account + Sl.no 65iv of Schedule P&L]
No account cases is not applicable
Hence the alternative is to enter the loss under trading account. If I enter the same , the amount is not being carried forward to the P & L creating an error message that 13+14 is not equal to 15
Please suggest remedy


Kollipara Sundaraiah

Sir,
Professional income sec 44ab tax audit it returns filed person sms received from mobile f.y.22-23
Name :xxxxcccccc pan:no.vvvvbbbb income tax department has issued a notice/letter for a.y 24-25 under section NA . kindly submit online response in case of notice by login it portal.
Question:
Assessess reply procedure


G.Sridhar

We have, during the year 2022-23, on 29.10.2022 TDS paid an amount of Rs.1,44,243/- Through 194LA Challan issued by M/s. Karnataka Bank Limited . In this process we have erroneously mentioned the TAN number instead of the PAN number.

Payment of TDS in 194LA instead of 26QB Purchase of Immovable Property. How to Rectify.


Mahesh Jadhav
23 June 2023 at 10:57

Deduction - Sec 80U

Can 80U deduction is allowed after getting deduction of 1.5 lac u/s 80C and 50K u/s 80D ?


Kollipara Sundaraiah

Sir,
A doctor professional fees income received from a private hospital working in monthly basic total fees income rs:50 lacs above f.y.22-23.
Question:
Assessess tax audit it returns filed what expenses show in it returns






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