Dear Experts,

Kindly help me for the undernoted issue :

A Demand for 1L was imposed on my client regarding evasion of Eway bills rules vide offline Order. Demand was paid by him. Later on, appeal was filed by him and Appeal Order received in his favour asking to pay only 10k penalty. Now, when I trying to file the refund application for excess amount paid (1L) earlier, system not accept the same. System has asked to enter Demand Liability ID. When I enter this, the system throwing following error :

Error : The Order is not available in the portal or ineligible for refund. Please enter correct order number.

Kindly help in resolving the same.

IF I GIVE LAND ON RENT AND TDS IS DEDUCTED BY THE TENANT U/S 194I(b) AND ANNUAL RENT RECEIVED AROUND 35 LAKH THEN GST NUMBER IS REQUIRED..??
AND WHETHER ITR 2 OR ITR 3 TO BE FILED?

I have filled my form 102 but it's on hold cause I am yet to submit my form 112.
Now I want to cancel my form 102 cause I do not wish to continue with the current firm as I have an offer from another firm.
How can I cancel/withdraw the form?

ONE SALES INVOICE (OUTWARD SUPPLY) FOR THE MONTH OF MARCH 2024 is shown in the month of April 2024, now at the time of filing GSTR 9, where to show this invoice whether in table 4 or table 10, as Table 10 is for only addition or amendment in outward supply which is already declared in GSTR 1 of FY 2023-2024

Hi,
I sold a house yesterday for 60Lakhs , bought for 12Lakhs 10+ years back. Also, have made agreements with two builders to buy two flats , one in 2016 and the other in 2020. Both properties are under construction, as in not yet completed and no CC received yet. Final Registries are also due for the new flats and need to make payments to both builders , cumulatively exceeding the difference received.

1) How can the LTCG earned from the sale be utilised in this case ?

Please guide.

Regards

I have a doubt regarding the Income Tax Return filing of a doctor. Up to FY 2021-22, we had opted for Section 44ADA of the Income Tax Act. However, during FY 2022-23, the total receipts exceeded 50 lakhs, so we conducted an audit and filed both the ITR and Form 3CB-3CD. In FY 2023-24, the total receipts again exceed 50 lakhs, and the professional fees are received in the bank with no cash receipts. My doubt is whether we can opt for Section 44ADA during FY 2023-24

ITC RECIEVED DURING FY22-23 WHICH WAS AVALIED IN FY23-24 WHERE TO SHOW THIS IN GSTR9 23-24
AS PER ADVISORY ISSUED WE DONOT NEED TO SHOW IT
PLEASE CLARIFY THIS IF WE NEED TO SHOW THIS WHERE TO SHOW THIS IN GSTR9

There is a case in which deductee party's pan was inoperative when the return was filed hence there is a demand to deduct tds at higher rate. After which the pan becomes operative and hence we have revised the return with same deductee entry, but the demand is still outstanding.
Please guide us what should we do further.

And futher can the demand raised would be lapsed?

Hello Members,

Client holds ESOP shares, which are not listed in India.
The disclosure of the same was done as part of the AL (Assets and Liablities ) and in Other info also as part of the Unlisted Equity Shares. Further whenever part of the ESOP were sold the same have been offered to tax under Capital Gain as unlisted equity shares.

The shares are acquired as part of ESOP and the same are disclosed also in ITR, overall there is no concealment of Shares or money laundering activity under the Black Money Act as such.

But since the shares are of a foreign company, do we necessarily need to disclose this under the FA schedule and file a revised return?

Regards

We are into manufacturing industry and our parties deducted TDS on goods and make payment. However a few parties have made payment of FY 2023-24 now. I have already filed my returns and claimed all the tds available at the time of filing the returns.

What should be do about this TDS which the party has paid now and is unused ?

Is there any solution to use this TDS amount ?