This Query has 1 replies
Dear Sir,
Is there any possibility to extend the GSTR-9 and 9C for the FY 2024-25 ?
This Query has 5 replies
I have rec'd sms from the dept stating there is mismatch between itr filed and Data with the department asking me to file revised return or give feedback on the AIS - but there is no email though the sms says so. The income tax website also does not show any details . Can some one help. The itr filed is as per the AIS only . I already have received 143 1 intimation and the website says it as assessed
This Query has 4 replies
Sir,
hv file my ITR1 for FY 2024-25 in Sep 2025. Now have recd an intimation from the dept to revise my ITR since a mismatch has been found.
am working in a tractor dealer ship as sales manager. i, on behalf of my company, used to link customers to Financial institutions like Kotak Mahindra Bank, Mahindra Financial Services and the like to avail loan for purchasing tractors.
The FIs pay commission (term they use is PAYOUTS) to my company as we give business to them. Few years back FIs said that they can't pay it in the name of the entity and started paying in my name. Tds is under Sec. 194H.
i show it in my ITR1 under Other income head for the past 3 years. Hv paid/recd refund tax accordingly.
This, for FY 2024-25, i hv recd a mail stating that
quote"
we have identified a significant mismatch between what you have filed in ITR and info shared with the department. Revise ur Return within 31st Dec."
unquote.
Please anyone help me how to proceed on this.
p.s. Since i hv only salary income and this commn, and no other investments to complicate tax calculation, i file ITR on my own.
This Query has 1 replies
I am a citizen Of India . I came to Mumbai in dec 2024. I was living in Switzerland . I am now back in India for good . I applied tax 2024 - 25 as Nri itr2 . Then now for 2025-26 I will be applying as RNOR status . I have swiss pension in Switzerland which employment pension fund. I will be bringing this pension to India now in 2025- 26 . I will be receiving this money in my indian bank savings account . Will this swiss pension which I accumulated in Switzerland will be taxable once I receive it in my indian bank savings account thankyou
This Query has 1 replies
If turnover exceeds 10 CR in F&O , so it is mandatory to do audit, or else it is allowed to file return under section 44AD
This Query has 1 replies
If I prepare multiple invoices for different customers of the same vehicle, each worth Rs. 40,000, do I need to generate an e-way bill?
If I prepare multiple invoices for the same customer in the same vehicle, each worth Rs. 40,000, do I need to generate an e-way bill?
This Query has 1 replies
sir,
taxation questions asked chatgpt vs gemini two options both used and best ABOVE two options for taxation purposes .
This Query has 8 replies
Itr2...new regime..filed 11/8/25..with no demand no refund not processed till 12/12/25
Income details
Salary income...75000 standard deduction
No other deductions claimed
House property
30 percent standard deduction
No other loan int etc deductions claimed
Intrest income. On bank...FD...govt RBI long term bonds
No share market / VDA/ Foreign income
No carry forward loss
Income greater than 50 lakhs less than 1 cr...so itr2 ( AL not filled as limit raised to 1 cr from this yr)
Property purchase 1 percent tds done
AIS/ TIS / 26 AS matched
Feed back given on property purchase...double amt reflected in TIS....feedback....inf is duplicate shown somewhere else ...feedback given
Please suggest anything wrong from my side...for ITR not to get processed
This Query has 1 replies
A person received cash as refund of advance money say rs 1,00,000=00. Does he has to pay tax on it u/s 68, if he shows in his books. Reason of not paying tax is section 68 is applicable if A.O is not satisfied with reason with cash deposits. Also is concealment of income applicable?
This Query has 2 replies
Sir,
We have a project of 50 lakh of a client.the business is training of food preparation..client is already having an llp.an investor is ready to fund for 20 lakh.the client is planning to incorporate a company by shareholder as llp and investor and existing partners of llp as directors.the shareholder other than investor is not bringing amount in cash.thy are intending to convert the technical knowledge to share .so how incorporation can be done.either first incorporate the company and then raise share capital by technical knowledge as consideration other than cash and investor amount.?pls guide.pls
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GSTR-9 & 9C