Dear Sir/ Madam,
One of my client had filed IT Return u/s 44AD for A Y 2023-24 Now for A Y 2024-25 Shall he eligible to file U/s 44AB is there any problem. Please guide me in this regard.
Thanks in Advance.

I tried to import HSN data into GSTR1 but its not working ...no HSN data fetched from E invoices..

ONE TRUST HAS BEEN ALLOTTED REGISTRATION U/S 12A OF IT ACT INB FORM 10AC AND IS VALID From AY 2022-23 to AY 2024-2025. FOR RENEWAL OF THE REGISTRATION WHICH FORM IS USED AND WHEN TO BE APPLIED AGAIN FOR RENEWAL. NO 80G CERTIFICATE IS APPLIED FOR.
NO BUSINESS IS ALSO DOING. PL.ADVISE

I had made a mistake in Form 26Qb..
1) Seller's address is incorrect.
2) Amount paid details is incorrect.
How to rectify above mentioned errors and how long will it take to rectify?
PAN no and TDS amount is correctly mentioned.

From FY 2024-25 Gratuity Maximum limit has been increased upto 25 lakh from 20 lakh. So i want to know whether exemption limit in income tax still 20 lakh or it is increased.

A) GST Registered Landlord
B) given property on rent (Commercial use) to
C) GST Registered Tenant

1. Whether rental income and gst on rental income to be shown under my Steel business gstin ? Property was not purchased under my firm name it was purchased as an Individual.

2. How to maintain PROPRIETORSHIP FIRM books as rental income received in proprietor personal savings account?

3. Whether new GST registration is required for my Rental Income ?

My CA audited my books of accounts and bad debts shown in books of accounts was shown in audit report with pan no of the bad debt party.what will be the effect of pan no given in audit report and uploaded on income tax portal? Will income tax department go the bad debt party for further investigations? Please clarify in details?

Assessee is engaged in Kiosk Banking Services and earns commission on that for which TDS u/s 194H has been deducted. Someone filed his ITR 4 for AY 23-24. Now he has been served notice u/s 142(1). Can we in the response mention that the said return was filed by mistake by the assessee? Or what steps should be taken? Please guide.

I am getting an excess application in the form of negative taxable income in form 10b. Any consequences?

Hi,

I have a query regarding gifting shares.

I want to gift shares of Unlisted Co. to My father's brother's wife (Aunt). My query is as follows.

Lets say subsequently my Aunt wants to gift those shares to her son.

There would be no capital gain or income from other source & no taxable income, either for transferor or for transferee since in both cases the shares are gifted to RELATIVE. Is this correct?

& Clubbing Provisions of IT Sec 64 (or 60 or 61) or any other deeming provisions would NOT come into play. Is this correct?

Thank you very much.