Hi sir,
My question is
If assessee files updated return ( U/S 139(8A))for AY 2022-23 what's the penalty.
1. Filing on or before 31-03-2023
2. Filing on or before 31-03-2024
3. Filing on or before 31-03-2025
Thank you sir

Sir, the TDS challan was paid under section 96C instead of 194C. I was applied for the OLTAS challan correction in the traces portal and the request submitted successfully with Request Number 850434 and checked the track OLTAS challan correction request and the challan was updated with the correct section i.e. 194C. But this challan was not appearing in 26Q Return when we downloaded it from the NSDL website but appearing 27Q Return. How to use this challan in 26Q Return. Please help me. Thank you, sir.

1.Is GST charged on a service taken for housekeepingand cleaning of floor and glass of a building eligible for input tax credit ?
2. How can excess input tax credit taken in gstr3B in the previous period be adjusted in the later period gstr3b and upto what period the adjustment can be done?

we are merchant exporter , can we claim gst refund on freight charges of clearing agent

I applied for my final settlement of the PF amount, but it has been rejected twice. The reason given is "SUBMIT SCHEDULED BANK ACCOUNT DETAILS FOR PF PAYMENT." However, I have already submitted the bank details of a Scheduled Small Finance Bank known as ESAF Small Finance Bank. Can you please help me with what to do next?

Q1. Is it necessary show re-assessed bill of entry specified in deficiency memo ? what if re-assessment is not done at a prior stage? To whom re-assessment application is made?
Q2 which authority to approach in such case Refund claim under section 27 or Appeal under 128?
Q3. what the limitation period to file an appeal is over?

is there any TDS section applicable in transaction related to purchase foreign exchange currency from I FOREX INDIA PVT LTD (COMPANY NAME) ?

One of our vendor has submitted lower deduction certificate for deduction of TDS w.e.f. 13.04.2022 to 31.03.2023. He has submitted the bill for April 22 to June 22 with Invoice Dt.04.07.2022 in Jan-2023 for which the payment to be released in January 2023. in this case, whether the TDS deducted to be with the Lower rate for the entire amount as the date of payment/credit to the Vendor account is Jan-2023 or old rate to be applied on the amount pertaining for the period form 01-12th April 2022 and lower rate on the rest of the amount.

B ltd is subsidiary company to A ltd and C ltd is associate to A ltd. B ltd has disposed a business unit under demerger to C ltd. now C ltd as purchase consideration issued its shares directly to share holders of B ltd. Since A limited is also share holder of B ltd it received shares of C ltd. Now what is the accounting treatment for the transaction in the books of A limited?.

Note: A ltd has recorded investment in subsidiary company B ltd at cost. Therefore there will be no change in value of investment of B ltd in the Books of A ltd after Demerger. But A ltd will receive shares of C ltd the resulting company.

My client, has been served a notice to pay service tax for FY 2015-16, his nature of work is centering contractor. and he has done a contract work of Rs. 40 Lacs in the year. is he appicable for service tax and how much is he payable. pls advice me sir