sir,An individual taxpayer has been regularly filing ITR every year, and tax audit reports have also been filed. Recently, the assessee received a notice from the Income Tax Department under Section 131(1A) asking for submission of books of accounts and documents for the past four years. Now assessee want to know: What is the purpose of issuing a notice under Section 131(1A)? Is this notice related to scrutiny assessment, survey, or some other proceeding? What is the procedure after such a notice is issued and received by the assessee?

Please advise on the GST Implications on Commission / Affiliatee Fee Received from Booking.com (Netherlands)

Will there be any ITC on the same

An issue arises while attempting to establish a connection with the Traces WebSocket eSigner. Despite several attempts, unable to connect successfully. what is solution in this regard?

Mr X is non resident Indian and he is owner of resident house since 2002 and purchase cost is Rs 20 Lac. he has sold the resident house during the Financial Year 2024-25 for Rs 80 lac. He had received token money of Rs 20 lac in April 2024 and remaining amount of Rs 60 lac in August 2024 at the time of registration of sale deed. sale deed is register on 25 August 2024. my query is whether , Mr x is eligible to get indexation benefit or not on the basic of token money is received before 23/07/2024 by account payee cheque?

If we filed ITR-5 for a trust in FY 2023–24, can we revise or rectify it after 1 year and change the form ITR-5 to ITR-7 ?

Respect Sir/Madam,

As we know the gst rate of salon reduced to 5% without itc wef 22.09.2025. My query is my supplier issued rent invoices on July and August but filed gst return late. It's reflecting in my October month's GSTR2b can I claim that itc?

Respected CA Club,

Are you giving any membership serial Number for my enrolment with you.

Keep good- Going on.

auditor sivalingam Bangalore

Sir,
A property is leased by ABC to XYZ and XYZ has given me (Mr. R) consent to use the premise for my new gst registration purpose.
Situation 1- Lease agreement is not available, can i take consent letter from abc to proceed with gst registration, should the letter be notarized and PAN would be required right of ABC? Even property tax receipt would be required because electricity bill is not available? (bill is paid by the society on whole and invoice is issued) and in gst registration we have to mention customer number and board of electricity in state wise details as it is mandatory.

Situation 2- If lease agreement is provided, does the clause sublet cover even giving consent to any other party for using address for gst registration purpose? if it does not allow subletting the xyz is not authorized to give me consent?
Actually the answer was given earlier but i wanted the scenario to be clear in who is lessor lessee and what documents will be required?
PLEASE HELP

Mr A. has purchased a residential property in F.Y. 2005-2006. He is selling this property in F.Y. 2025-2026. He want to claim exemption under Income Tax.
Can he purchase bonds specified in section 54EC(he is not willing to by any other residential house property) ?

Dear Experts,

With reference to the abolition of 12% GST rate with effect from 22nd Sep of this year,
is it necessary to file ITC 03, if the rate of GST is reduced from 12% or 18% to 5%, for the stock
held as on 21.09.25 under either of this catagory.
In ITC 03, there is provision only for those goods which has been wholly exempted. So
what should be done for the stock on which GST rate has been reduced but not exempted.

Pls. advice.