Chandra Kala

Return for the A.Y.2018-2019 of Cooperative Credit Society has been lately submitted. Whether it is possible to claim condonation under circular no.13/2023, dt:26/07/2023 of CBDT after submission of return if assessment has been completed without allowing deduction u/s 80P(2)(a)(i) of the IT Act.


PRATIKKUMAR
26 March 2024 at 11:45

TRUST 10B & 10BB

Hi, we are running a Trust and our annual receipt is nearly 70 thousand to 1 lacs, we have also applied for 12A & 80G provisional registration in this March 24. further my query is do we required to file online called Form 10B or 10BB as shown on Income Tax portal for which last date is 31st March 24. Further also help me to know in how many days this 12A & 80 G application will be proceeds or approved. Thanking you 


Chandra Kala
26 March 2024 at 11:10

Mismatch notices

Mismatch notices are coming with the form 26AS compare with the computation filed no option is found in the case of income of minor child included in total income. How to reconcile.


akshay darkonde
26 March 2024 at 11:08

Shares issued as prize money

Respected All, What will be the accounting and tax treatment.... if a co operative society issues shares to its some of the existing shareholders as prize money because those shareholders have achieved the target set by the society.....in my case the society has passed the entry as :
Entertainment Exp (P & L Account) Dr
To Share capital account


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Keyur
26 March 2024 at 09:22

I.Tax Return for AY 2020-21

Sir/Madam

I have not filed my tax return for the fy 2020-21 at that year. Can i file my tax return as updated return??

> If tds is deducted at that year.
> If tds is not deducted at that year.

thanks in advance


Gaurav
26 March 2024 at 08:25

Return Filing for AY2021-22

Hello Members,

Client missed filling returns for FY 2021- 22, got to know from the message received from Income Tax department that Return was not filed.
Now when go to file the return which become updated return, there is penalty of 25% of tax amount applicable.
Is there a recourse to get relief on the penalty and avoid paying the same.

Regards


ABHI KUMAR
25 March 2024 at 23:29

REGARDING HSN SUMARRY

WHEN B2C HSN SUMMARY IS MANDTORY
1) ABOVE 5 CR ONLY
2) ABOVE 1.5 CR UP TO 5 CR


Sunil Yadav

AFTER DISALLOWING EXPENSES IN INCOME TAX RETURN ON GROUND OF NON-DEDUCTION OF TDS, CAN INCOME TAX OFFICER ASK TO PAY TDS ON DISALLOWING EXPENSES IS IT MANDATORILY OR OFFICER ASK FOR SHOW CAUSE WHY ASSESSEE NOT AS ASSESSEE IN DEFAULT


krishna jethe
25 March 2024 at 19:51

Non GST Purchase

Dear Experts,
In Saving Account Small Amount & under 5000 amount is Paid to Suplier Can We disclose this Paid Amount as Non-GST Purchase Only.(No in GSTR-3B)
How Many Limit value for single Non-GST Purchase Bill against single Person.
Whether can we show Dummy Name In Purchase Invoice .

Thank you......





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