A.Y 2021-22 RETURN FILED U/S 44AD
A.Y.2022-23 TURNOVER 2.5 CRORE AUDIT DONE U/S 44AB
A.Y.2023-24 TURNOVER 1.32 CRORE AUDIT DONE U/S 44AAB
A.Y. 2024-25 TURNOVER 76 LAKHS WANT TO FILE RETURN U/S 44AD
IS IT POSSIBLE ?? OR COMPULSORY GO FOR AUDIT U/S44AD(4)

Sir

Mr X individual constructed Commercial Warehouse on Land and Let out to Gst Registered Person and charging GST also .

Mr X wants to shown rental income as business income and wants to claim expenses and claim depreciation on constructed warehouse .Rental Income more than 1 CR. Mr X keeps Books Of Accounts .

Whether Tax audit can be done in this case.

Thanks.

so if i have 2 buyers and 2 sellers and property purchased = 70lac

total sale value consideration would be 70lac(irrescpective of joint buyers and joint sellers)

and total stamp duty value and total amount paid/credited = would be 17.5 since 4 forms and lumpsum


dont i have to divide total sale value consideration by 2 ie 35lac for each buyer since each buyer will go for 2 26qb and putting 70 lac will increase the value of property in sellers 26as??

Before filing PAS-3 the Paid-up Capital was Rs. 16,56,000.

On 13/09/2024, PAS-3 form was submitted for Increasing Paid-up Capital by Rs. 6,72,000. So therefore the total Paid-up Capital after the approval should be Rs. 23,28,000.

But after approval the Paid-up Capital is Rs. 6,72,000 only in updated Master Data.

Once I re-check my filed PAS-3 form I noticed that I have submitted only Rs. 6,72,000 in Point 20- Capital structure post allotment instead of Rs. 23,28,000.

SIR,
GST PORTAL ALLOW TO CORRECT GST NO OF PARTY IN GSTR-1 FILED BUT E INVOICE AND E WAY REMAIN THE SAME .AS THEIR IS NO OPTION TO CORRECT THE SAME IF ANY MISTAKE.WHAT IS SOLUTION TO THIS WHEN IN FUTURE GST OFFICER WILL ASK?

Resolved and deleted.

one worker was died in accident occurred in business premises, Due to death of that worker Business owner has incurred hospitalization expense of that worker around 4 lakh , but unfortunately worker was died and business owner has paid another 4 lakh to his family member, Than 8 lakh will be allowed as business expenditure or not ??

Sir
I have paid Self Assessment tax of Rs 1890 but forgot to mention in ITR U 139 8A tax details. What will happen. Will the return will become defective/invalid. This pertains to AY2023-2024

If we pay IGST RCM Tax , there is liability of penalty or interest on it ??

Hi,

I have registered document for residential property and want to pay TDS.
My property value is 70 lac, but I have just paid 5 lac for registration as lumpsum and balance will be paid later.

1. on which amount I have to pay TDS?
2. can I pay on full mount of 70 lac? (if yes , I would like to pay in full)
3. in any case "amount paid/credited to seller" will be 5 lac?

Thank you in advance