An Indian working & paying Income Tax in Singapore for last two years but visits India for more than 60 days then he becomes a Resident for IT purposes.

1. What is the significance of 60 days rule?
2. What would be benefit/disadvantage if he visit less or more than 60 days?

We are four siblings and planning yo sell a plot along with three shops built on it in a town in karnataka. How do we show the income recd as a part of my share in my tax return and do I need to pay any income tax on the amount received. If I opt not to take any amount from the sale proceeds ,do I still have to pay any tax on my share in the proceeds as I willbe signing in the sale deed even if i dont accept the amount .also let me know which will be less costly and less cumbersome to execute a gift deed or relinqishment deedfor my share in favour of any other sibling .

Dear sir.
I got below below details by email and SmS
"Dear EIXXXXXXXH, An opportunity to file your updated ITR under section 139(8A) for A.Y.2022-23 upto 31-Mar-25. File your ITR-U on e-Filing portal today. -ITDept"
During year I let's from company and doing part time work during year my annual
income is below 1 lakh. I have no other income during period and using old saving fund for living.
I may be start business in next year.
Let's me know .
1.wheter I need to file return
2.if there is interest or fine have to pay.
Please advise
Binu

RECEIVEING EMAIL REGARDING UPDATING RETURN FOR 2022-23 FROM INCOME TAX DEPARTMENT. WHY INCOME TAX DEPARTMENT SEND THIS EMAIL

For a transport company, buying a transporting vehicle, is there allowed GST credit?

Bill Sub Total: ₹180.00
Add : Packing Charges: ₹10.00
Less : Discount: ₹14.40
Add : Swiggy Payable GST: ₹8.78 (on 175.60)
Total = 184.38 (customer paid)
what should be the sales amount to be shown by restaurant ?
Now when the payout amount is received (weekly settlement) the split up is as such
Amount received from customer 184.38
Less : Commission 42.41
Less : Coll. Chrge 3.69
Less: GST on Com & Col Chrge @18% 8.3
Less: GST from customer (@5%) 8.78
Less: TDS 194O 0.18
Total Amount Received 121.02
Now should be the entry to be made while receiving this amount ? and how it should be shown (even in tally)

Assessee had not filed ITR for AY 2022-23.Subsequently,he has filed Updated ITR for AY 2022-23 on 02.05.23 under New Regime.He could not file Form 10IE as no option for the same was available now.Now he has got Intimation having demand as the tax has been calculated under Old Regime instead of new regime by the Dept. Please guide for the options available in this case.

In view of Article 25 of the proposed Finance Bill 2025, will there be any change of tax payment for a person working in Singapore and visiting India for almost 100 days in AY 2025-26?

How can i get rectified the same ?
who will be the second party in stamp paper for indemnity bond ?
Stamp Paper Should be Rs. ?
Other mandatory documents to be submitted to AO ?

Dear Sir,

Kindly advise how to register the newly reconstituted partnership firm in 2024 with ROI.

Thanks and regards in advance.