Dear Sir,

Tax Audit Report with ITR-6 both were uploaded together on 30th Sept but the very next day the CA was expired unfortunately but the UDIN is yet to be uploaded with the DSC of the deceased CA. Please guide me what to do in such a case.

If an assessee whose income is in hundreds and wants to file ITR U for bank loan purpose, how much is the minimum tax that the assessee must pay to file ITR U and The tax amount without which the ITR cannot be filed?

Sir I have HUF in the name of my father how to change the existing karta after his demise as my father was the karta previously,As well i do not no HUF deed i have only PAN card of HUF.Please give me the solution.

Dear Sir

A firm has set up a freezing and processing plant where all the machinery were purchased inclusive of GST. Will the firm be able to claim a set-off for the Input Tax Credit (ITC) accumulating on the portal? This is relevant because when the firm issues the bill for job work to the customer, it will charge GST on that service.

With kindest regards

TARIQUE RIZVI
982 1630 130

Before September 22, we purchased goods on which GST was charged at 18%. We paid this 18% GST to the supplier. However, from September 22, those goods became exempt from GST.

My question is: Can we still use the ITC of the 18% GST that we had paid to the supplier on purchases made before September 22 to set off our GST liability? KINDLY PROVIDE EXAMPLE ALSO

Sir
A company while purchase of any raw material which attract GST ,which value it entered in P&L Account. ie whether GST inclusive price or GST exclusive price.
Similarly while making sale whether credit side of P&L Account value include or exclude GST.
Regards
Abhijit

Hi
One of our client is working from India for an Qatar Company, he has received a salary income from Qatar Company in Dollars directly credited to his India Bank account with all details how many dollars received and conversion rate as on date.
He filed the Returns with normal India Salary income for FY 2025 - 2026.
He received an email to report the foreign assets, how he can file the revised returns disclosing his foreign salary income.
Please suggest.
Thanks
Abdul Razack

My name is BASAVARAJ VIRUPAKSH BENGERI
BUT IN CHECK BASAVARAJ VIRUPAKSHA BANAGERI DOES IT CLEAR AND CREDIT AMOUNT IN MY ACCOUNT

Hi,
if we have bought an assets in mar'26 and calculated the depreciation accordingly (depreciation on usage as per number of days)...in next year the "used/remaining life" will be 2nd yr or it will be 1yr (as it was bought in march'26)

I have undisclosed account in ICBC bank China with around 21960 CNY since 2018 and currently it could be dormant. It was opened anticipating some potential business but not materialized due to COVID etc. However, now received SMS from IT system to utilize FAST DS26 scheme till Dec26. I have checked in compliance portal and see the account reflecting with balance of 21850 CNY and interest of around 110CNY for CY 2022 & 2023 ie total of around Rs 314,500. I have accepted the amounts in compliance portal. Now my query is should I utilize the FAST DS26 and pay Rs 189000 ie 60% of total balance as tax or will the Rs 20 lakh immunity protect me from 120% levy if I dont avail the scheme. I will have to consider the entire amount as income as the current account is dormant, i dont have any bank statements as of now and will not be able to show source etc as is very old and not sure if ICBC will share statements without reactivation of account etc. The deposits was by way of sale of samples I was carrying during that time. I have been resident all through. Please advise.