Dear Associates,
Request you to clarify a MBBS student is acquiring his/her PG studies from National Board of Examination Diploma (NBE Diploma) in any specialization, they will get Rs. 35000/- for their first year of study and Rs.37000/- for their 2nd year study as a stipend.

Is the stipend is taxable under Income Tax 1961 'or' stipend is exempted from Income Tax. Request you to give some updates on this.

Sir/Mam,

We have received notice for interest fy 2017-18 , we have paid this amount through challan now we are trying to filing DRC03 it is asking PRN Number and errors, Which we have to select for interest Voluntary payment or any other

Please kindly help me and explain the process of DRC 03 Filing

Thanking you

One of my friend purchased F.D ( online transfer only no cash deposited) at SBI for morethan 10 lakhs only for one month, after that he cancelled the F.D. But now he received I.T Notice regarding purchase of time deposits
Please help me how to reply to I.T Department

Dear Experts, our company (Registered in GST in Delhi) paying Rent to a person (unregistered in GST) for residential flat situated in Maharashtra. we are paying RCM on that amount of Rent, shall we take input for the RCM paid?
Thanks in Advance

while logging the cpe login page and entering membership details showing invalid membership details..I have updated the unstructured one last year
Pls guide

Transhipment freight is it treated as GTA service or ancillary service

GSTR1 March 2022 return shows HSN summary as zero don't know how i have filled in the details. Now the question is whether can i correct the mistake in GSTR9 means can i accurately report HSN summary in GSTR9 including March figures although it will not match with yearly GSTR1 summary available in pdf as it will not consist of march figures,

Respected Sir
One Of My Client doing business of sale and purchase of Used Cars

My question is in income tax return how to show this transaction, as purchase and sales or i can show only brokearge income

and if i show as brokerage income then can i opt 44 ad ?

I was working as an employee in an MNC for the last 5 years and now started working as a Practicing CA, I have gone through the ICAI faq mentioning that a foreign CA doing Job can apply for FCA.- But there is no clarification wrt Indian CA's doing a job in INDIA.
Do you have any idea wrt FCA - If yes please share the process.

Mr. A received notice u/s 148 as on dated 16.04.2021 . The income chargeable to tax that has escaped assessment amount is below 50 Lakhs. No new notice u/s 148A(b) issued by the department. Whether the Notice u/s 148 is still valid or not ??