Me and my wife purchased an apartment in Nov 2017 as co-owners for value of 72 Lacs. For purchase of property PAN was given by both of us. The Home Loan EMI is completely paid by me, also TDS was paid by me. But in Income tax department sent a notice on 1st April 2022 to my wife for purchase of immovable property and source of income. This notice I responded by giving explanation and all documents. But after that many notices came which we somehow missed responding , Now the IT dept has sent a closure notice with order passed u/s147 r.w.s 144 read with section 144B of the Income-tax Act. The amount is very high amounting to 2 Cr+ which is impossible for me to pay, all property related documents and transactions I have.
Also u/s 270A notice is recieved stating '. You are required to show cause why an order imposing penalty u/s 270A of the Income-tax Act,1961
should not be passed.'

Can you experts please help on this

Please help to know the HSN and GST rate for Dried Fig

CAN TAKEN DEDUCATION IN UPDATED RETURN

DEAR SIR,

SALE OF RAW SILK IS REPORTED UNDER EXEMPTED OR 0% RATED IN WHILE FILING GST RETURNS.
0% RATED GOODS MEANS INPUT CLAIMABLE OR NOT, PURCHASE AND RESALE OF RAW SILK SHOULD BE REPORTED IN EXEMPT SUPPLIES OR NIL RATED OR 0% RATED.

ONE OF MY CLIENT PURCHASE RAW SILK FROM SILK EXCHANGE AND RESALE TO SUPPLIERS NOW WE SHOULD REPORT AS EXEMPT SUPPLIES OR 0% RATED SUPPLIES

THANK YOU

as per partnership act section 59(2) a firm which is registered shall use (registered) immediately after its name. Now do we need to include this in "for" stamp of the partnership? if any one have info please guide me as to where should we use this word after firm name. as per our rti to the registrar there is no need to change in the PAN so we cant use it in our GST invoice. In such a case where should we use it what does other firms do?

I have received a information mismatch communication for fy 22-23 to the effect that interest on deposit as reflected in AIS &as reported in ITR Is not matching.However the amount shown as mismatch is the taxable interest on PF accumulations which is already reflected in OS schedule of ITR2 at B(bv) &is not interest on deposits. Options in drop down menu on compliance portal do not contain such explanation provision.How to respond please advise.

RESPECTED SIR
TDS DEDUTED AS PER OLD TAX REGIME FY 23-24 BY EMPLOYER, CAN BE FILLED INCOME TAX RETURN AS PER NEW TAX REGIME AND CLAIM TDS REFUND? PLEASE ADVICE THANKS

Hi All

can any one please let me know TDS for the HSN code 998314 also the threshold for TDS

When i started filling the form 103 ...my training period is appearing as 3 years instead of 2.
I am unable to proceed with the registration.
What to do?

Dear Sir,

If a dairy company appoint distributors for milk sales area wise and doing sales properly.
in additional freight per kilometer with diesel paid to distributors for proper sales.
in this transaction reimbursement of freight with diesel cover under TDS-194R or not