Dear Sir,

Is it mandatory to receive TDS certificate from deductor as our customers are refusing to give it stating that once TDS is reflected in 26AS report then it is not binding at their end to issue TDS certificate.

Is there any notification in regard to this from the Dept.

Kindly guide

Dear Experts,

Kindly provide me proper response with section / notification / case study:

Mr. X has main business in and also registered in WB. He have a residential property location is Odisha which is now provided in rent to a registered person Mr. Y.

Now the question is that
1. Whether Mr. X need to charge IGST with RCM or he have to take registration in Odisha.
2. Whether Mr. Y need to pay IGST with RCM or need to create a self-Invoice and pay CGST-SGST with RCM.

Please provide solution with proper explanation and supporting.

Thank you
Palash Ghosh

what is taxed in partner hands?
rem. debited to pl of firm or admissible remuneration in firm's it return?
my view--> admissible rem. irrespective of what is debited in firm's prof loss.
Am i correct?

IF HUSBAND HAS EXPIRED, AND MATURITY VALUE OF FD ON THE NAME OF SAME CREDITED TO HIS WIFE ACCOUNT THEN SUCH AMOUNT IS TAXABLE IN HAND OF WIFE OR NOT?

Resident Indian while paying towards Property purchase from NRI has to deduct 20% TDS. He needs to file Form 27Q.
My question is while paying Tax which section should be selected ? Section 112 or Section 115E

I had salary income till March 2024, so I have filed ITR-1, claiming deductions u/s 80C alongwith house property loss (house loan interest).

From April 2024 onwards, I am receiving professional charges after deduction of TDS. Please advise me the ITR form to be filed from AY 2025-26 onwards and also whether I can claim deductions u/s 80C and house property loss in that return.

Sir / Madam,

We are regular Dealer in GST

In May24 GSTR1 return we have entered a credit note (sales Return – party sent a part portion of consignment) for the sales we made in Apr24 in table no 9B (Credit / Debit Note Registered)
As there was no other liability in IGST tax it shows as negative liability in Total of GSTR1 return.
But in GSTR3B zero in IGST Tax Column as there was no IGST liability.

Again in Jun24 GSTR1 we have entered another credit note (sales Return -party sent another part portion of consignment) for the sales we made in Apr24 in table 9B(Credit / Debit Note Registered) but this month we have Igst tax liability to some extent and not cover the full liability, so the total of GSTR1 shows a negative liability in IGST tax after adjusting the IGST tax liability in that month.

But in Jun24 GSTR3B also zero in IGST tax column as there was a little IGST tax liability not covering the negative IGST tax liability in the credit note which was raised in Jun24.
Since then we do not have IGST tax liability till Aug2024.

In September 2024 we have some IGST tax liability to offset the negative liability there was no provision in filing the GSTR3B.

By googling, we find there was a service added in the GST site like Negative Liability for Regular (previously only for composite dealers is available)from September2024 But it does not consider the opening balance on the date 01.09.2024 and we cannot explore before that date) In Our case the negative liability occurs before 01.09.2024(in May’24 and Jun’24) Hence we could not brought forward the negative liability.

Hence we file our Sep24 GSTR3B we offset the negative liability as we can claim like ITC reversed earlier. Now the reclaimable statement shows a negative balance in IGST claim column.

Kindly advise us how to rectify the same.

A Lot of Thanks in Advance

With Warm Regards,
Bazeer L

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