Someone please suggest
Sir,
During previous years, as per google, if someone had taken loan from a bank against property, he was allowed a deduction of 1.50 lakh per year which includes principal +interest+ registration and stamp duty paid. Is it correct? If not, then what was the deductions allowed.
Thanks

We paid premium on employees group insurance and claimed as input in 3b for FY 2021-22
Is it allowed since given in appointment order this insurance benefit is given and is included in CTC. GST notice received disallowing this. How to reply

A Motor Car (one of 3 Motor cars in books) was already sold on 2020-21 and accordly Motor Car (WDV amount) was reversed. But due to some mistake Depreciation under Comanies Act was charged in 2021-22, 2022-23 & 2023-24. But as per Income Tax Act there was no mistake. How to rectify the error in 2024-25. What entry(ies) to be paased?

I have recently completed my M.Com in Financial Analysis. I am currently working as an Audit Associate at KPMG, supporting engagements for the Canada . I have also registered for the Intermediate level of the Chartered Accountancy (CA) course.

I would like to inquire about the possibility of my current experience at KPMG being considered as Articleship. I have heard that certain work experiences in *Big Fours* may qualify, and I would appreciate your guidance on whether my current role could be counted towards this requirement or if there are specific steps I need to follow to make it eligible.

I look forward to your valuable advice and assistance in this matter.

One of my client having Property in his name. He wants to take a rent in his HUF. So can he take rent in HUF as he is the karta of HUF or he has to make a gift deed on his HUF Name ? Please suggest

We have got an order from a customer in UAE. We are based in Maharashtra. Our Customer is asking us to dispatch the material to another party in Gujrat. I will have to do billing in the name of UAE Party, and send the material to Gujrat. Whether I should charge GST on my bill to UAE Customer? Will the Gujrat party get the GST Set off ?

WHERE TO MENTION IN GST 1 RETURN FOR ISD CUSTOMER? WHICH TABLE number? I AM A SUPPLIER. AND ISSUED INVOICE TO ISD CUSTOMER. I AM FILING GST 1 RETURN UNDER IFF MODE.

I GOT SHORT DEDUCTION IN TRACES SITE DEFAULT SUMMARY FOR FY11-12 FOR NON SALARY DEDUCTEE.


I CANT FILE CORRECTION STATEMENT AFTER 31.3.2025 BEFORE 6 YEARS FROM TODAY.
HENCE, I CANT DO ANYTHING AGAINST THIS DEMAND?

WHAT OPTION I GOT ? CAN I FILE APPEAL ?

We have a query relating to e invoice generation. We are using an offline tool for generation of e invoice. As it is an export business, we are having details of shipping bills but the offline tool does not ask for this information. So we are unable to fill these details.
Now the query is can we file GSTR 1 without any issue and no further compliance will be required while claiming refund.

Please guide us.

Is there any penalty or interest payable for the omission of 2 entries in the 2nd Quarter TDS return? Can we include them in the 4th Quarter Report and file them without any penalty or interest?

Kindly advise.