My company received an advance for some work. The payment was made to me after TDS deduction. TDS return has also been filed by the paying company. Now I am returning the money as I could not complete the job. The paying company is asking for full refund also the money which they have deducted as TDS. I am asking them to revise their return and utilize the same with their future transactions with some other payments. They are denying.
Please advice can tds return can be revised ?

Dear Expert,
Whether Tax Audit is Required to be Done ?

Partnership Firm,

FY Sale Purchase Profit Return Filled
FY 2015-16 No Yes 0 ITR 5
FY 2016-17 No Yes 0 ITR 5
FY 2017-18 6,900,000 Yes Above 8% ITR 4 - u/s 44 AD
FY 2018-19 30,950,000 Yes Above 8% ITR 5 - u/s 44 ABA
FY 2019-20 5,100,000 Yes Above 8% Whether Tax Audit is Required to
be Done ? Or we can file u/s 44AD

Expert Request you to Kindly Advice.

Why short term capital gain is taxable under section 10 (23D)

Hi All,
The assessee passed away in October 2020. His wife has been registered as the assessee's legal heir / representative on the e-filing website and the request has been approved by the e-admin. For filing her late husband's return, can the wife fill form ITR 1?
There's no provision to provide details of representative assessee in ITR 1 as compared to that provided in ITR 2.

Thanks

Dear Experts,

Mr. A Constructed & completed Commercial complex in three year by taken Term Loan from bank against the Property and Loan EMI started from the beginning of construction.

Now my question is that Mr A has paid Interest up to completion of construction of Commercial property is eligible deduction u/s 24B in five equal installments after the completion of Complex or pre construction deduction is only for Residential House Property ?

Does pre Construction Loan Interest eligible deduction against Commercial Property Rent Income ?

Thanks & Regards

I need some advise
One of my client from India needs to pay Foreign technology transfer fees in dollars other country so want to know the legal requirements associated with it...what all taxes are required to be paid ?
Kindly help.

SEC 155 BB I WININGH FROM LOTTERY I AM WIN LOTTERY HONDA ACTIVA WHICH VALUE RS. 55790 & I AM PAID RS. 16737 TO LOTTERY GIVER & HE DEDUCT TDS SHON MY 26 AS MY OVER ALL TAXABLE INCOME WITHOUT LOTTERY AMOUNT RS. 260000, WHERE THIS LOTTERY AMOUNT SHOWN IN ITR & WHICH TAX RATE IN THIS AMOUNT .
PLEASE HEMP ME

CAN ITC BE CLAIMED ON BIODIESEL.?? AND IF YES THAN WHAT IS THE NOTIFICATION NUMBER.

M/s experts,
how to generate EWB for unregistered person making interstate supply of goods to unregistered unknown recepient without drawn bill
Kindly give me an advice.

thanks®ards .

Dear Sir,
An Assessee has Long Term Capital Gains on Sales of Mutual Funds of Rs. 1.70 Lacs. Whether there is exemption of Rs. 1.00 Lac on Sales of Mutual Funds and he has to pay Tax on the balance amount i.e. Rs. 70,000.00. Please suggest.

Thanks,
Abhishek.