Hi Sir,

We have partially used and unconsumed challans of Fy 2025-26. Can we used this challans in FY 26-27 Q1 TDS returns. How to use them.

AS PER SECTION 194N TDS DEDUCTED ON AMOUNT EXCEEDING THRESHHOLD LIMIT.
AS PER SECTION 393(3) WHETHER BANKS NEED TO DEDUCT TAX ON ENTIRE CASH WITHDRAWAL
INCLUDING THRESHHOLD LIMIT.Please provide notification or press releases regarding this if any

HI
MR A (DOCTOR) EARNING PROFESSIONAL INCOME RECT( CLINIC) RS, 22.00 LACK ( 50% PROFIT DECLEARD) AND RUN A MEDICAL SHOP SALES FOR RS. 85.00 LACK (NET PROFIT RS.9.25 LACK) AND HE GET PENSION RS, 13.00 LACK.AMD OTHER INCOME RS.10.00 LACKS. HE IS NOT PROPER ACCOUNTS ARE MAINTANINED..
MY QUERY IS
1.HE AUDIT UNDER ANY SECTION 44AB ARE U/S 44AD?
2. HE COMPULSARY ACCOUNTS ARE MAINTANIED

THANKS

sir,
one it tax payer purchases of commercial property year 2020 value rs:27 lacs and same property sold year 2026 value rs:38 lacs as per market price .but circle rate was rs:70 lacs
question:
Tax payer take valuation report from approved govt valuer compulsory capital gain tax purpose

Hi Everyone,

Can anyone please share the new EPF ECR file/template for September 2026, applicable from 17th September 2026 onwards, after changing the EPF wage ceiling from ₹15,000 to ₹25,000?

I am unable to download the new ECR file from the EPFO portal. If anyone has the latest ECR format/template, kindly share it.

Thanks in advance.

Hi,
if we buy some furniture or assets for our office/store and the furniture provider charged Freight, packaging, installation on that bill (no seperate bill for all these) then we should deduct TDS on gross bill or only on total of Freight, packaging, installation?

A Real Estate Pvt. Ltd. Company has not filed its I T Returns from F Y 2021-2022 to till F Y 2025-2026.
Same is the filing status with MCA.

Company is transacting its business as usual every F Y in crores.

So far no reminder or any notices have been issued to file the pending returns either by Income Tax Dept. or MCA.
No action has been initiated till date.


Query is where is the transperency from the above Departments ?
Should it be considered as deficiency in the laws framed by the Govt.
Plz clarify what steps should be taken for such cases.

I am proprietor of registered gst firm . I am giving tutions in my personal level to students. Shall I liable to pay gst on Tution fees . please advise

Can it possible to Capitalize in intengible asset as it used for Research and Development purpose

* Builder originally sold the property to Buyer A for 1 Cr.
* Out of which 80 lakh has already been paid, and 20 lakh is still payable to the builder at possession.
* During construction, Buyer A sold the property to Buyer B for 1.50 Cr.
* Buyer B has paid 1.30 Cr to Buyer A, while the remaining 20 lakh will liable to pay directly to the builder at possession.

My query is

1. For Form 141, the sale consideration between A and B should be reported as 1.50 Cr right?
2. If 1.50 Cr is the consideration, what should i mention the transaction as lumpsum or installment? Because only 1.30 Cr is currently paid to A and Buyer B eventually pays the remaining 20 lakh directly to the builder at the time of possession.

If mark it as a lumpsum then sales consideration and amount paid won’t be matching..

If mark it as a instalment then it should be first installment i guess, but for subsequent payment PAN number of deductee will get change.. will it allow me to file the TDS form with different PAN number?