My banker has deducted TDS on cash withdrawal at 20% and filed the same under No PAN furnished case eventhough my PAN has been properly linked with my bank.

Now the bank branch says they raised a complaint on this to correct the issue and advised to file the ITR without reflecting TDS in 26AS and bank will provide necessary proof on further enquiry by income-tax.

Is that a good option to do so... please share your valuable advices.

R/experts

1. Is RCM applicable on shop rent paid by Composition dealer to unregistered person as per latest amendment.
2. Is RCM applicable on Shop Rent paid by Regular Taxable Person to unregistered person/partners of firm.
3. if RCM applicable, Rate of GST

Thanks

Sir,

We Imported Machinery in 2018 and was used in our business and Depreciation claimed. Now we need to sell the machinery within India . How much we can charge GST & how can arrive the basic value.

Plz guide

ASSESSES HAVING A TURNOVER OF RS. 2.19 CRORE HAVING RECEIVED ALL PAYMENT VIA DIGITAL PAYMENT SYSTEM (LIKE RTGS , NEFT, UPI) WANTS TO FILE RETURN UNDER SECTION 44AD CONSIDERING REVISED LIMIT OF RS. 3CRORE ??

REVISED LIMIT IS APPLICABLE FOR A.Y. 2024-25??
IS IT POSSIBLE ??

In which schedule will the partner report salary profit and interest capital income in his income tax return form? And on what schedule will the show be held?

How many limits of AD code's to be update in this Icegate portal ?
please share the Notification if any relates to this.

Sir,
MR.A land leased 25 years to Mr.B after Mr B land place construction godown few years sales of godown along with land to Mr.c
Question:
Above transaction tax applicable in it act.

Hi all

I filed itr 2 on 25 th july under new tax regime for which I got defective notice for not including all income. Later on August 9 I responded defective notice with old tax regime. As of now my itr didn't processed. Will there be any issue for change in regime.

I upload utility under old tax regime

SIR
ONE OF AOP TRUST FILED ASST-YEAR 2024-25 VIED I TR -5 WITH REFUND CLAIM .THE BANK A/C TYPE OF SB A/C. BUT THE IT SOFTWARE NOT ALLOWED FOR THE SB A/C . ONLY ALLOWED OF CURRENT A/C. ITS CORRECT THE TRUST REFUND CLAIM ON SB A/C LAST ASST -YEAR

THANKS

Dear Sir/ Madam

Please show me working on TDS on salary Rs.9,38,400/- under new tax regime (below 60 years) for F.Y. 2024-25

Thanks & Regards
Subramanian V.