ito added all credit side in bank a/c. of individual assessee and asked to file 148 return.
we replied please consider debit side and credit side is not all income.
but ito now says, please reply when faceless notice comes.
so matter lying pending since 1 year
148 has to be completed till 2027 march.

my q - > cant we compell ito to complete 148 assessmennt face to face as faceless taking time to assign an ito?
case law--> also why department blindly adds credit side of bank statement without considering explanations to each credit? any judgement /new update for this bank statement credit side adding by ito blindly?

Our sister concern employee doing our work & we are reimbursing their travelling, lodging expenses.
Our & sister concern gst registration & entity is different, but group is same.
Can gst RCM liable for man power suppy ( Employee secondment ) service.

While validating the TDS statement in Form 144 Q2, error codes are coming T-FV-4340 to T-FV 4343 relating to dedcutee details (email ID, Contact No. Address & TIN) , Message says these fields should not be provided for the relevant nature of remittance. But IT act did not said this.
how to resolve these query.

Assessee having turnover of Rs.3 cr and GSTR 9 has not been filed for FY 22-23, 23-24 & 24-25
My question we want to file GSTR 9 now and how much late fees is applicable and whether any penalty is applicable

Sir,

Our llp has a turnover of 60 lakh in FY 25-26. And also shareholder of a pvt tld company of 1040000.we would like to know whether exemption in any AS and what all AS to be disclosed.whether it is under category 4 for exemption.?pls help and also partner current account to be shown under where...

Dear Experts,

We are engaged in the catering services business and are paying GST at 5% without availing Input Tax Credit (ITC), as applicable to our services.

We have been paying GST under the Reverse Charge Mechanism (RCM) on commercial rent at the applicable rate of 18% from August 2024 onwards. The RCM liability has been duly paid through the GST portal and reported in GSTR-3B. However, we have not availed any ITC on the RCM paid on commercial rent, considering the nature of our catering services and the applicable ITC restrictions.

Despite this, a positive balance is appearing in the RCM Liability/ITC Statement on the GST portal.

Is it mandatory to make the RCM Liability/ITC Statement balance zero when the RCM liability has been paid but the corresponding ITC has never been claimed?
How can it zero The RCM Liability/ITC Statement balance
Kindly provide your valuable guidance, including the applicable GST provisions and the procedure to be followed.
Thanks & Regards
Ch.Siva Nageswara Rao

B2C customer of another state came to shop and buy goods at counter rs 55000 and taken delivery himself so which tax is applicable cgst sgst or igst ?
What about eway bill because movement is by hand ?

Respect Experts,

I am an individual deductor paying monthly residential house rent to an NRI landlord. TDS has been deposited on time under Section 393(2), Sl. No. 17 (Code 1057), corresponding to the earlier Section 195.

However, due to the transition from the Income-tax Act, 1961 to the Income-tax Act, 2025, and the introduction of the new Form 144 replacing Form 27Q, I inadvertently missed filing the Q1 TDS return for Tax Year 2026–27 (April–June 2026), which was due on 31 July 2026.

I would appreciate clarification on the following:

1. Is there any late-filing fee waiver, relaxation or extension for Q1 Form 144 due to the transition to the new Income-tax Act, 2025?

2. Has CBDT issued any notification, circular or transitional relief regarding late filing fees under Section 427 for Tax Year 2026–27?

3. Since the entire TDS was deposited within the prescribed deadlines and only the quarterly statement was missed, is there any provision to waive or avoid the ₹200-per-day late filing fee?

4. Can the Q1 return be filed now without paying the late filing fee, or could CPC(TDS) subsequently raise a demand?

5. If no specific waiver is available, are there any legitimate alternative remedies, procedural options or representations available to seek relief from the late filing fee?

I would sincerely appreciate expert suggestions, practical guidance and recommendations on how best to proceed in this situation while remaining fully compliant. Any experience with similar cases involving the transition to the new Income-tax Act would be particularly helpful.

Thank you in advance for your valuable guidance and time.

Best Regards.

Company rent-a-car provider with 5% billing. My question is if I took the service from a vendor with 18% GST, can I claim full ITC or only 5% ITC claim.

If only 5%, then a 13% company loss?

While preparing and validating the TDS return in Form 144, I am encountering validation errors stating that certain mandatory fields are either missing or incorrectly populated, despite all the relevant details having been entered.

The error codes are T-FV-4340, T-FV-4341, T-FV-4342 and T-FV-4343, relating to the deductee's email ID, contact number, overseas address and Tax Identification Number. Interestingly, the error message says these fields must not be provided for the relevant nature of remittance.

I have checked the details and also contacted the Webtel support team, who informed me that the issue may be due to a utility error.

Has anyone else encountered the same issue while filing Form 144? If so, please share any workaround or resolution.

Your help would be greatly appreciated, especially considering the upcoming filing deadline of 31 October 2026.