A trust was not granted registration u/s 12A by the CIT Exemptions. Assessment order passed treating the entire receipts as taxable income. The trust preferred an appeal before ITAT against the order of the CIT( exemptions). ITAT remanded the matter to CIT Exemptions for fresh consideration. CIT Exemptions did not grant registration u/s 12A. The trust preferred an appeal before CIT Appeals online after a delay. CIT Appeals did not condone the delay. What is the next course of action. Should the trust file an appeal before ITAT against the assessment order or file an appeal for the condonation of delay. Can the experts explain please

Please inform impact for Interest and Penalty for Delay in TDS Payment.

Sir i had filed itr u in January 24 (A.Y. 2023-24) but intimation still not received and return is showing not processed .As per rule time limit for receiving intimation will be December 24.
My query is if there are any practical cases you have seen in which intimation is not received within time limit and thereafter filed return/acknowledgement is treated as deemed intimation. How much such cases you have seen practically just rough idea

A trust was not granted registration u/s 12A by the CIT Exemptions. Assessment order passed treating the entire receipts as taxable income. The trust preferred an appeal before ITAT against the order of the CIT( exemptions). ITAT remanded the matter to CIT Exemptions for fresh consideration. CIT Exemptions did not grant registration u/s 12A. The trust preferred an appeal before CIT Appeals online after a delay. CIT Appeals did not condone the delay. What is the next course of action. Should the trust file an appeal before ITAT against the assessment order or file an appeal for the condonation of delay. Can the experts explain please

Dear Experts,

If monthly rent exceeds 50000 then TDS is required to be deducted.

What will be the due date to deposit the same to government? Is it on monthly or annaul basis?

Pls advice

Regards,

Dear Sir/ Madam,
One of my client had filed IT Return u/s 44AD for A Y 2023-24 Now for A Y 2024-25 Shall he eligible to file U/s 44AB is there any problem. Please guide me in this regard.
Thanks in Advance.

ONE TRUST HAS BEEN ALLOTTED REGISTRATION U/S 12A OF IT ACT INB FORM 10AC AND IS VALID From AY 2022-23 to AY 2024-2025. FOR RENEWAL OF THE REGISTRATION WHICH FORM IS USED AND WHEN TO BE APPLIED AGAIN FOR RENEWAL. NO 80G CERTIFICATE IS APPLIED FOR.
NO BUSINESS IS ALSO DOING. PL.ADVISE

I had made a mistake in Form 26Qb..
1) Seller's address is incorrect.
2) Amount paid details is incorrect.
How to rectify above mentioned errors and how long will it take to rectify?
PAN no and TDS amount is correctly mentioned.

From FY 2024-25 Gratuity Maximum limit has been increased upto 25 lakh from 20 lakh. So i want to know whether exemption limit in income tax still 20 lakh or it is increased.

My CA audited my books of accounts and bad debts shown in books of accounts was shown in audit report with pan no of the bad debt party.what will be the effect of pan no given in audit report and uploaded on income tax portal? Will income tax department go the bad debt party for further investigations? Please clarify in details?