Dear All,

I would like to know whether an Indian subsidary company can give loan to its Foreign Holding Company? Are there any restrictions or procedures to be followed as per Companies Act, 2013 , FEMA & RBI regulations?

Dear Sir/Ma'am
I need format of Balance sheet and profit loss Account of business of Printing Press(Proprietorship).
Business is very small turnover(Below 20 Lakh).

Anyone can share this format.

for FY 24-25. After deduction of TDS paid on my professional income, the balance STCG @ 20% payable is INR.2300/-. I have not paid any advance tax towards STCG as the total STCG is INR 5860/-. Will I face any penalty if I pay tax of INR 2300/-before 31st September/31st July? Income from other sources is INR 4.26 Lacs, and loss on LTCG is INR.3392

ir,

We operate as an Export Oriented Unit (EOU) and currently benefit from import duty exemption on inputs under Notification No. 52/2003 Customs dated 31.03.2003, which are used in the production of our final finished goods. We also procure indigenous goods for the same production process.

As per FTP Para 6.08, we occasionally make DTA (Domestic Tariff Area) sales of our finished products.

My question is regarding the reversal of customs duty on these DTA sales. Specifically, should we reverse the customs duty only on the imported inputs consumed in the production of the finished goods sold in DTA, or should the reversal apply to the customs duty equivalent of both imported inputs AND indigenous goods that went into the production of those final finished products?

Time Limit of Issue
Credit Note issue, Debit Note issue under GST
ITC Claim under GST
Annual Audit of GST for FY 2024-25

Dear experts,

For FY 24-25 , any gains arising from sale of Gold and silver ETF is subject to capital gains or as per slab rate?

for FY 25-26 it is as per slab rate however not clear about FY 24-25

Pls advice

Regards,

Hi,

My father is purchasing a property valued at over ₹50 lakhs, and as per the law, 1% TDS needs to be paid under Section 194-IA. However, we are facing a technical issue:

My father has been unemployed for over 10 years and does not have taxable income, so he has not filed any ITR.

While attempting to log in to the income tax portal to pay the TDS, we were prompted to link Aadhaar and PAN.

We paid the late fee for PAN-Aadhaar linking, but the linking failed due to a name mismatch—his PAN shows “*****shekar” while Aadhaar shows “*****sekhar.”

The online name correction in PAN was rejected, so we have now submitted the correction offline. This process is expected to take around 20 days.

Until then, we are unable to access the portal and complete the TDS filing/payment.


My question is: Is it possible to pay TDS through a CA or at any government-authorized center during this period? Can the authorized person file Form 26QB on my father's behalf?

Any advice or suggestions would be greatly appreciated.

Thank you.

Hi...
Can a company reimburse two mobile phone recharges? keeping the monthly limit of Rs. 500.00

I would like to know if I am (Suppose I am also a registered taxpayer) having inward supply of Security services or any other services which are taxable under reverse charge mechanism, how will I enter the journal in tally?

In our gas business, the invoices are system-generated by IOCL, and we have no control over their generation or the serial numbering. As a result, the invoices we receive are not in a continuous serial order. With Table 13 of GSTR-1 becoming mandatory from May 2025, which requires invoice-wise details, how should we report such invoices that are not serially numbered and not under our direct control? Please advise the correct method of compliance in this scenario.