I am a resident Indian having business income in India. I have a Saving bank account in USA, having a balance of approx. USD 45000. This is information is properly disclosed in my ITR.

My son resides in UAE as an NRI.

My question is whether I can send him gift directly to his Dubai account from US bank ? Do I need to file form 15 CA , 15CB ??

Where to show amount received under PM Kisan Beneficiary in itr?

Partnership firm is taken over by a partner, all assets and liabilities at book value at 31.03.2024 and continued business as proprietor from 1st April 2024. should the financials of firm as on 31.03.2024 reflect this transfer or it will be taken as post financials event? normal financials to be prepared for firm as on 31.03.2024?

Tax implications of this on partnership firm ?

I received money along with my bothers sisters and uncles when property inherited by us from my paternal grandfather, was sold ten years before. my 1/12th share. (2 uncles and 2 siblings and mother). Rs.10 Lac was not given by the builder then and held back as security until premises made vacant by tenants. But builder lapsed on the agreement for ten years for lack of money . Now after raising a legal notice by us, he has agreed to restart the project and pay Rs. 10 lac withheld. I had disclosed the full amount before ten years in my IT return as Capital Gains. I had put the indexed amount under NHAI bonds for 5 years. This amount then included the INR Ten lac receivable now. So Should I now re-disclose this INR 10 Lac amount in FY 24-25 ?. Is it necessary?
In the meantime I lost my mother 2 years back. so her share of INR 10 Lac will be divided among her 3 children. So I will receive INR 10 lac/ 3 from my mothers bank account ,which is operable by my sister. how to treat this money in my return next year?
The builder will enter into a agreement now to give interest on INR 10 Lac for ten years (as per previous agreement) in the form of space of 100 sft. but again convert this 100 sft x Rate per square foot to INR and pay at the time of plinth may be 1.5 to 2 years hence to me (and all others as well) . How to treat this substantial money to tax then?
How to save tax on this amount receivable after 1.5 to 2 years. can it be treated as LTCG and amount diverted to NHAI bonds under sec 54c. Or can it be treated as hardship amount. Which is the safe way w.o. tax hurdle. or any other way. please let me know fast as we have to enter in to a MOU with Builder in coming few days.

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What are the tax implications of hajj expense and how to show in itr? An assessee has spent 10 lakhs on hajj. He is filing itr 4

I have by mistake entered challan details of quarter 3 in quarter 4 also , now department made demand for short payment. Kindly suggest what can I do to .

Dear All

If doctor's earning from both healthcare & non healthcare services then they have to take GST registration on the basis of total turnover or income.

Example :
Healthcare service income Rs 18 Lakh
Non Healthcare services income Rs 10 Lakh
Total Earning Rs 28 Lakh

(1) On which amount , they have to pay GST ? 10 Lakh or 28 Lakh.
(2) Is it compulsory for them to submit GST return for showing total income ?
(3) is there any RCM rules for healthcare unit , if doctor is not taken GST registration ?

Regards

S Mallick

Hi ca expert team please resolve this error.

T-FV-4086 Valid Amount of Payment / Credit / Debited must be provided
Please help how to resolve this error

My TDS u/s 194H Deducted for Rs. 15000/- as commission income 300000/-, and i also have salary income 200000/- in year 2023-24.

So in which ITR form i can claim Refund Easily?