Transporter charge freight 1000
Lifting charges , 500
Cross charges 500
Sub total 2000
SGST 180
CGST 180
Invoice total 2360
In above 1000 is transporter's own service.
And lifting charges & cross charges service is obtained by transporter from other parties. Lifting & cross charges service invoice is in the name of Transporter. The same expenses and gst component transporter recovered from us. There is no additions.
( reimbursement invoice is in transporter name, not our name)

My Question -
Is tds required to deduct on reimbursement expenses.

We purchased a house plot by taking a home loan in the financial year 2025–26 and are currently repaying the loan. How will this be treated under Income Tax? Will we get the benefit of the interest and EMI paid in Income Tax?”

Hello,

I have 2 daughters and want to open SSY for both of them. The yearly deposit limit is 1.5L per child. I have the following doubts:
1. The yearly limit of 1.5L is for both the daughters if only 1 parent is paying for their SSY's ?
2. Suppose, I pay for 1.5L for 1 daughter and similarly for the other, and i am the legal guardian for both, then does this 3L deposit violate the 1.5L yearly limit ?

Thanks in Advance.

Hello All,

Myself a Senior citizen and my wife age is 56 years.

we both have income only from Fixed Deposits, Mutual Fund dividends and Savings bank interest. Earlier years we were giving Form 15H and 15G for not deducting TDS.

Last year, since the total income for each of us comes around 5 — 6 lakhs, one deposit company said we are not eligible to submit Form 15G or H, so we did not give the forms and TDS was deducted and refund was Claimed in ITR

Now it is said that in the NEW IT rules, Tax will be ZERO for income uplo 12 Lakhs.

Can we File the new Form 121 this year because the Tax upto 12 Lakhs is zero OR we are still ineligible to give Form 121 as the Income for each of us is more than 5 lakhs.

please clarify

Sir,
Any gst registration person sale turnover missing or suppresed and it tax payer sale transaction property missing or suppresed transaction found used through online platforms AI technology tools found possible

I am having indian agricultural income of rs 1000000 and business income of rs 1500000. what is the income tax in india for the year ending 31st March 2026? new regime

My query is as follows:

There are four sellers A, B, C, and D, and only one buyer, i.e., X.

The sale agreement was entered into on 11th September 2025. He filed Form 26QB and paid TDS on 18th February 2026. He paid the entire TDS in one challan only.

However, he showed the entire sales value of Rs. 1.80 crore and TDS of Rs 1.80 lakhs in the name of A only.

How can this Form 26QB be corrected?

Do we need to correct this form for Rs. 45 lakhs and then file three separate Form 26QB? Can we divide a single paid challan into the remaining three parties?

Please guide how it can be corrected?

Regards,
Suraj

after incorporating new company, ? comes in address of company.
did my cs make a mistake ? in part B also ? is visible.
she is telling its system error.
i feel she should not have submitted with ?
am i wrong? or ? comes after part b is submitted?

Sir.
Company purchase E bike and corresponding input reflected reflected in 2B. Can we claim input on this transaction.
It is manufacturing company (component to ship ).
Please advise

Home loan interest 2 lakhs
New tax regime
Annual rent Rs 313000
Net income Rs 19000
Let out property
While Updating to employer but they are considering let out property as Second home loan what to do
1. While filing ITR whether it will rectified that I have only one property which is let out