I have collected pre-publication charges and issued receipts to the customers. No invoice has been issued yet. Since the book cost is reduced, I have to refund the excess amount collected.
Kindly let me know whether I have to issue a refund bill and how the transaction is accounted in the books

Assessee had purchased one immovable property for Rs.60 lacs and no TDS was deducted on the assumption that there were 4 joint sellers of the said property and each share was less than 50 Lacs.

Can the department raise a demand for non deduction of TDS or is there any case laws in our support ?

Thanks in Advance

Dear Sir/Mam,

My articleship period got extended by 59 days and i have submitted the Form 107 also.
59 Days excess leaves also served, now i need to file again form 108, how to fill those 59 days in week format for time spent in 3rd year (Details of Work Undertaken and Training Received)??

Further is there any requirement to submit Advanced ITT and MCS details in this tab (Summary of Professional (and Other) Training Programs attended by Students (SOPTAS) as the form 108 is submitting for excess leaves

Please help me out with this query ...

We are running a hospital of eye now we are going to expansion our hospital into multispeciality pls tell me as we are doing expenses regarding construction of building and other medical equipments all expenses should be under building a/c capitalised or we have to do other process lets me inform

A Private Ltd is an Indian company of which 99.99 % shares are owned by a Singapore company name CS Pte Ltd, CS Pte Ltd wish to sell its entire holding in Indian company to its parents company GS Pte Ltd which is also registered in Singapore. Please advise the detailed procedure to be followed to achieve this transfer

Dear Sir/Madam,

would like to know from when is e-invoicing applicable to a company if the turnover of the company in the current financial crossed 5 crores mark in the month of October 2023 and the present turnover is 11 crores, where as in none of the previous financial years it was never above 3 crore mark.

Do we need to start the e-invoicing with immediate effect or do we have an option to do it from 1st April 2024?

Request you kind advice on the same.

Thanks in advance.

Regards
Mohith

Can a person having income from fd opt ror the new tax regime in this year and then switch back to the old regime in the next financial year

Is it possible to get Nov'22 and May'23 Certified copies of CA Final now through RTI?

If the partners capital account balance is Rs 10 lakhs, Can he retire by accepting Rs 5 lakhs as the full and final settlement. Will there be any tax implications for the firm or partner

If a partnership firm records a higher remuneration in its books of accounts but the partners withdraw a lesser amount, is this practice considered dis allowable under income tax?