Sir
I purchased property of 60 lakhs through bank loan and Saving. I filed form 26 QB also . But in AIS property value is showing triple . In bifurcation there is reporting from Sub Registrar office and TDS from 194IA for the same property. I submitted feedback as duplicate information Accordingly Value accepted by Tax payer got changed to correct 60 lakhs but processed value by system is unchanged . Also in 26 AS property value is showing correct 60 lakhs. This is for FY 2022-23. How to correct processed value in AIS

DEAR SIR,

ONE OF MY CLIENT SOLD EQUITY ORIENTED MUTUAL FUNDS LAST YEAR. THE PROBLEM IS DATE OF ACQUISTION OF THAT MUTUAL FUNDS REPORT COULD DOWNLOADED FROM THE DEMAT ACCOUNT. SOME OF LONG TERM AND SOME OF SHORT TERM.

IN THE AIS REPORT SHOWING THE DATE OF TRANFER ONLY NOW IN THIS SITUATION HOW TO FIND OUT THE DATE OF PURCHASED FUNDS. MY CLIENT SAYING IT'S WERE PURCHASED IN THE YEAR OF 2020.

NOW HOW TO DECLARE THE TRANSACATIONS

PLEASE CLARIFY ME

THANK YOU

Is it okay to change the classification of a debtor to a creditor if the closing balance of the debtor is a credit balance?

partnership firm turnover is 2.46 CR AND PROFIT IS 3% , I CANNOT OPT FOR 44AD BECAUSE I HAVE TO DROP 44AD BECAUSE OF TURNOVER EXCEED SPECIFIED LIMIT IN A.Y.2020-21,
MY QUESTION IS , firm IS LIABLE UNDER TAX AUDIT ????

A expires and leaves behind three legal heir. Subsequently one of the legal heirs expires. Does the legal heirs of deceased legal heirs will be reckoned as legal heirs of A?
Please advise

Sir,

I need your guidance in the following matter.

I am a retired pensioner. The ITR-1 is applicable to me.

Being a technical person, I may get some consultancy and hence earning opportunities casually (Not on regular basis). If I get such an opportunity and earn some amount (which is a casual income and not a regular income) , In this regard, please guide me that as and when I get some income from this activity, where should I show this income in ITR-1 and in which column? Is there any appropriate CIRCULAR for this?

Awaiting your valuable advice & guidance.

Regards.

Is rotation of auditors applicable to small companies and subsidiaries?

Does the registration as Authorised Representative has to be through login of the person applying for registration?

Please advise!

Wanted to know which ITR is best suitable in case of below mentioned Incomes are involved in previous year for an Individual below 60 years (Regular Citizen);
1. Income from Salary
2. Income from Profession
3. Income from Other Sources
4. Income from Capital Gains

We are a private limited company and are selling our car to another private limited company. Problem is the buyer is asking for an invoice which we are saying we are unable to provide because our nature of business is not car sales. The Buyer's nature of business is also not car sales. Is it alright for us to make an invoice? or should we make a note? If yes, what do we state on it? Thank you for your time