I am facing continuously same error in while registering PAN of the Company on Income Tax Portal :

" Error:Your current request has been expired due to idle time limit exceed.Kindly proceed with fresh request."

Please help

Hi,

I wanted some help from the group.

My Father in law and my Mother in law expired in 2020, my Wife is only child to my in laws.

My Father in law had an HUF, I am not able to trace back any HUF deed for the same (looks lie HUF was not registered), but he has a PAN in name of HUF. He had couple of bank account, FD and MF.

My wife now wishes to continue as Karta for my father in laws HUF as she is the only survivor to the family.

Please suggest what can we do to change my wife to Karta of HUF account and also change Karta in PAN Card.

All Police Personnel receives following allowances -
B/P, GP, DA, Medical Allowances, House Rent Allowance, 5% Compensatory Allowances(Max-1700/), Ration (@2000/) Allowance, KIT Maintenance Allowances and Rifle Allowance.
Which of the above mentioned allowances are exempted in Income Tax and under which Act.

Hello CA and Experts
Our firm is in business of construction and take contracts for construction of buildings.
My simple enquiry is can we take GST from the owner of the building on giving possession on completion.
If yes then how much we add in our invoice. Pl advise
Regards

Hello Everyone!

How to retrieve demand notice computation from the online e-filing portal or otherwise? My mother has received a demand notice with no proper explanation to how they arrived at the demand amount. As, I live abroad I have no means of extracting the said information. So, please guide!
Also. the AY in the demand notice says 2016. Does that mean it AY 2016-17 or AY 2015/16?

Thank you!

Sir,
A partner ship firm working two partners.purchases of jewellery value rs:4 lacs name in partner name(invoice partner name) and payment through partner ship firm current account transfer.
Question:
1.above purchase of jewellery transactions treatment in firm and partner account show procedure.
2.purchases value loan form firm show accepted in it act.

I have paid builder Rs 59 .32 Lakh . Recieved Rs 56.20 lakh against principal amount and Rs 13.30 lakh against interest. Recieved less Rs 3.12 lakh against principal amount. What will be tax treatment

Mr X held agricultural land (anscestral) which was compulsorly acquired by NHAI for highway construction. X received compensation less TDS u/s 194LA. X doesn't have any other taxable income.


Q: Where to report this income in income tax form so as to claim exemption

Sir,
One of my client got expired last year and his son unknowingly/not informed about this fact for a month, as usual sent gift on occasion of my clients birthday out of his salary to the bank account of the deceased after death, as well as he paid from his account the regular maintenance charges/light bills etc

I have kept the same amounts under suspense account in my clients son account as will is not probated yet so before distribution of the wealth can it be shown as gift or withdrawals in books?

Please reply

Thanks in Advance

Regards

In a partnership firm there are three partners , Theirs profit sharing ratio is as follow respectively
A-50%
B-40% and
C-10%
Net profit for FY 2020-21 is Rs. 50,00,000
Now i want to transfer Net profit to partners capital account,
can i pass journal entry as below
Net Profit Dr. Rs. 50,00,000
A Capital Account Cr. Rs. 25,00,000
B Capital Account Cr rs. 20,00,000
C Capital Account Rs. 5,00,000
Please reply entry passed are true or False.