DEAR EXPERTS
IF ANY ONE PAID PURCHASE BILL AMOUNT INSTEAD OF BUYER & AFTER THEN BUYER PAID FULL AMOUNT THAT PERSON WHAT SHOULD ENTRY PASS IN BOOKS OF ACCOUNTS IN BUYER.

Thank You

Dear Sir,
Director of the company providing guest house to the company and the guest house is used for the purpose of business. The guest house rent allowed or not in case of the company. If yes, under which section. The rental income in the hands of director taxable under which head. Please explain.
Thanks in Advance.

Dear Sir / Maam
Kindly apprise me how much amount a bank can give to a MSME unit without collateral.

Regards
Rupinder Kaler

Hi,
I am trying to make my personal balance sheet. I deposited 1,50,000 Rs. in PPF.
Now will this amount show where :
1. Drawings on Liabilities side as well as on Current Assets side.
2. Only on Current Assets side.

Similarly what will be the treatment for LIC Premium.
I have salary income.

I recently gave me AFM exams and the MCQ booklet number that I had written on the answer sheet is correct but however on Blackening the OMR part I made a mistake where i blacked the last digit wrong and I had asked the invigilator and she suggested to put a cross beside the wrong number and blacken the correct number.

Does this help in anyway ? Will my MCQ answers be checked ?

When Karta of HUF expires and when there are no other members in the HUF., who will get the assets of the HUF

Wrong TAN mentioned in Challan 281, 20 days happened. how to claim refund. PLEASE REPLY

I applied for a food licence as on April 24 but still it's showing status as document scrutiny..... How much time does it take for approval

Till now, I used to follow old tax regime income tax slab.

For Fy2024-25, I would like to switch to New régime income tax slab.
Is new tax régime allows U/S 80 C dedution for LIPs, ELSS MF etc.

I worked as an IT consultant and TDS was deducted on the consultancy fees and the TDS certificate was issued to me.

The net of TDS consultancy fees was not paid to me and therefore I filed a suit in 2011.
In 2024 February the matter was partly settled by the court after 13 years.

The court fees was also received and interest received at 6 % on the settled arrears.
1. Under which section should I report this and get tax exemption,since TDS is aready paid and filed by me.
2.How do I show this amount which is received in the current financial year but is for fy 2008-09
and TDS deducted and tax returns filed by me. I have spent amounts on legal charges and other expenses on several visits to the court. Can I claim these expenses ?