am i able to get section 54F in income tax, if i am having two houses of 50% in total on sales of commercial property on the date of sales ?one property of 50% ownership and second co ownership flat in inheritance but on paper it is not transferred to me. first holder who has contributed expired.

Dear Income Tax Experts
One of my colleague is requesting to the management for non deduction of TDS for his salary. But, he is willing to pay tds by self and submitting the challan to the employer.

Is there any provision available for this?

IF I AM CONTRACTOR AND THE COMPANY IS DEDUCTING TDS UNDER SECTION 194C OF RS 36000. OUT OF WHICH 19000 IS FOR SUB CONTRACT EXPENSE (TURNOVER 1900000) AND REST 17000 IS FOR SITE EXPENSE (TOTAL SITE EXP 1700000). WHETHER I AM LIABLE FOR GST REGISTRATION?

SIR

CAN ANY PROVIDE ME ABOVE SAID DTAIL IN EXCEL FORMAT.

KAPIL

Whether online filing of ITR for AY 2026-27 commenced ?

Hi,
I have filed Original Return for FY 2023-24 under ITR-1 Old Regime. Can I file Updated Return for FY 2023-24 under ITR-2 Old Regime as I need to declare Foreign Assets?

Now gst on food product in 5%. we sale goods in 2023 at gst rate of 12% and this goods has come to us as a return in 2026. so at what gst rate we should book the return in our system.

Can a partnership firm be a partner in a private limited company?
If yes, whose documents (like Aadhar) are required for GST registration?

As per Rule 138 of the GST, it is understood that an e-way bill is not required when goods are transported by a non-motorised conveyance.
A friend informed me that during a separate inquiry, a GST officer reviewed certain transactions of his company and observed that e-way bills had not been generated for a few invoices. He clarified that the goods were dispatched via hand carts (the distance was also short), and therefore, e-way bills were not applicable. The value per invoice was approximately ₹1–1.5 lakhs, which can reasonably be transported through such means, with no indication of any irregularity.
However, the officer maintained that, as per the rules, at least Part A of the e-way bill must be generated. His consultant also concurred with this view. Can you please share your expert opinion on this ?

I have Rs.80000/- Input (CGST & SGST) lying unused in Electronic credit ledger. The balance remain unused from 2017 -2018 onwards. Can I use to set off the liability ( CGST & SGST) for the FY 2025-2026. Pls advice