Asseesee has not filed ITR's for AY 2023-24 & 2022-23, for which updated ITR can be filed in AY 2024-25. But he has a refund. Can he file updated ITR? Alternately, if updated ITR cannot be filed, can he file NIL ITR by not claiming TDS credit?
Kindly help.
CA Konkar

An individual having business income has filed his return of income under Old Tax Regim till AY 23.25. For AY 2024.25 he wants to file return with Old Tax Regime by filing form 10IEA. Can he go back to NEW TAX REGIME FOR AY 2025.26.

Sir/Madam

Can you suggest me under which head it should be capitalized??

Under Building or office equipment head??

Respected Expert,
Mentioning my NAME, my office received notice u/s133(6).(I think it is due to mentioning less salary income while filing ITR,that is because of arrears amount,which is given in last month of Feb-24 and that was denied by me on AIS portal while filing ITR.).Now I revised my ITR with correct salary amount.)
Now my school says that,you (I) give online responce to that notice "INSIGHT/VER/02/e-Verification/2024-25/................." {Type-Information Confirmation under e-Verification scheme 2021}.
I have humble request Please guide me to give response to above notice .(Note-office will provide its user Id & Password to me for this purpose.)
Thanks & Regard

Hi

I am providing astrology consultancy to clients outside India. Can I do export of services without GST. If yes what are the condition for that and the procedure.

Regards
Pooja

Dear sir i am registered as business correspondent with banks and some commision agent work my under, which are not registered in gst. At the end of the month i pay commision to each person. I pay gst on that amount as reverse charge which notified in sec 9 (3) of cgst act. Kindly tell i can claim itc as same or not

A four wheeler vehicle is registered in the name of Pvt. Ltd. Company 'X' and depreciation is claimed every year.

Due to some reasons the above vehicle underwent for repairs and maintenance and the invoice amount was Rs. 2.73 lacs and this invoice amount was paid through Bank transaction by another Pvt. Ltd. Company 'Y' due to shortage of funds in Pvt. Ltd. Company 'X' .

One of the Directors in both the Companies is the same person.

How to pass the entries in books of account for the above payment of Rs. 2.73 lacs in both the Companies .

Any implication as per Income Tax Act and in reporting.
Plz clarify.

In my family we are 3 member ..can we run multiple unregister propritorship firm at same business place with proper billing and stock maintaince in each firm turnover is less than 40 lakh..

my main question is any proble arrive when gst official visit our busibess place??

Sir,

How to calculate income tax on salary for an employee having inoperative PAN.

His gross salary for the year 2024-25 is Rs.532290/- before any standard deduction. (New regime).

Kindly give the workings.

Thanks.

In my family we are 3 member ..can we run multiple unregister propritorship firm at same business place with proper billing and stock maintaince in each firm turnover is less than 40 lakh..

my main question is any proble arrive when gst official visit our busibess place??