Dear Sir,
We are a manufacturing company, we Deduct TCS on Sale of goods u/s 206C(1h). Now, at the time of filling of return of 27EQ for QTR-1 through TDS RPU utility, 1 Option is mandatory to fill Which is "Whether Collectee opting out of taxation regime u/s 115BAC (1A)", My query is how collectee will provide this information during the Financial Year.
Kindly Assist me in this query.

What is the procedure for execution of SH-4 in Tamil nadu? How much is the stamp duty on SH-4 and how to pay it? If online, please share link.

Hello, Could anyone please help me on the below query

We received a bill amounting to Rs. 32000/- against Calibration Charges. The Calibration Charges were against Welding machine & Grinder machine.

Under which section & rate, TDS should be deducted 194 C or 194 J.

Hello Fellow CAs,

I'm CA Amit Kumar, and I need guidance from fellow professionals.

I'm passionate about entrepreneurship and considering starting a company like Indian Filing, Registrationwala, or LegalRaasta, among others. However, ICAI regulations seem to restrict this:

1. CAs can't actively run another business alongside their CA practice.
2. fee-sharing is restricted.
3.Can't promote

Despite these 100s of companieos are operating in this space.how can one do this?

Your insights are invaluable. Thank you.

Sincerely,
CA Amit Kumar

One of my client want to cancel his PAN card issued at Kolkatta . He is having 2 HUF PAN CARD one issued at Kolkatta with DOB/DOI mentioned as "ANCESTRA" and the other one is regular HUF PAN CARD with proper DOI mentioned.

He wanted to cancel his PAN CARD issued at kolkatta. Can he cancel at Mumbai?
Please guide.

Sir, how to show the value of ancestral land in Balance sheet received from father
after his death ?

Once of my friend got two PAN Card one was issued against his proprietary firm and other one is as an Individual
Since he has closed his Proprietary business he want to cancel his pan card. Also his Aadhaar no is mapped to his proprietary card instead of Individual card that too he wanted to change

your guidance in this matter will be highly appreciated.

What is the turnover limit for Tax audit for FY 2022-23 ?

Sir,
My sister and Brother in law who went to USA a decade ago are now Citizens of USA which happened recently , both have NRE and NRO accounts in India and both file Income tax returns in India. Income in India is from Rents and FD'S in my Brother in law account and just FD's Interest income for my sister. Just wanted to know do they need to change any in their Bank accounts as they are US CITIZENS and any change in IT filing from this year.
Can they still maintain their NRE and NRO accounts in INDIA and file Income tax returns in India as they used to do earlier , or there are any major changes in treatment of their status in BANKS and Income tax department.
Thanks and Regards.

Respected Sir/Madam
There is a query regarding two PAN of assessee
Earlier she has a PAN in the name before marriage and its linked with adhar
then she applied a new PAN after marriage which is not linked with adhar
Now she wants to link second PAN to link with adhar.
can first PAN be cancelled or surrendered ?
Request to guide on this