Daya
06 January 2025 at 10:21

Gift to employee more than 1Lakh

Gift to employee more than 1 Lakh Given , How much exempt in hand of employee and How much GST applicable on this amount


binu sukumaran
06 January 2025 at 10:09

I & E Code status

sir,
One of my friend has I&E code. He is not use for a long time . While checking this status at the time is suspended . I informed him this matter and He try to activate this .While checking now this show that his I&E code status is "amended" Let's me know this This I&E code is active .
Please advise
Binu


Srimannarayana

As we provide scientific research and development services in Agriculture we paid GST on house keeping and security services can we claim ITC on paid GST on such services


V Ishu Hegde
05 January 2025 at 21:26

Error AIS modification submitted

A an assessment has sold unlisted shares of Rs 7500000 to B a dealer in shares on which TDS under sec 194Q of Rs.7500 has been deducted mentioned as sale of goods business receipts A the assessee has modified it in the AIS to capital receipts which is incorrect and should be the other option Information is not fully correct .The return of income is correctly filed the sum of Rs.7500000 as sale value of the shares and deduction of cost of acquisition Rs 4000000 leading to capital gains of rRs. 3500000 .The assessee had recd the notice for modification in AIS but despite repeated attempts to modify the the feedback shows error and no modification could be done it allows modification only in the figs. Whethercorrection in AIS can be made after intimation of the return is made and what is the procedure for the same or any other option to correct AIS is available?


Kollipara Sundaraiah

sir,
It person cash loan to relatives amount rs:10 lacs through on cash mode after another date cash loan amount rs:10 lacs received from relatives through on bank mode.
Question:
Above transactions penality provision applicable in it act.


Daya
05 January 2025 at 16:59

Is turnover limit to obtain TAN No.

is any turnover limit to obtain TAN no. for individual,HUF, LLP and company etc.


Daya
05 January 2025 at 16:57

Accrued interest on bonds and debentures

what is meaning of accrued interest on purchasing /selling bonds and debentures


Chahat Khanna
05 January 2025 at 12:47

87a rebate availment

I had filed my income tax return before 5th July availing 87A rebate on tax on stcg, however while processing the return, department has calculated demand on the same, now if high court in its judgement allows the rebate, what should I do? Revise the return or file rectification to process the return?
I had filed rectification to reprocess once and department had not allowed rebate that time.


Srimannarayana

We provide Scientific and Research services in Agriculture we purchased Computers and also we have AMC for computers and UPS can we get ITC on AMC computers and AMC on UPS?


Abhishek Kumar

26QB Zip Folder is password protected. Buyers or Sellers PAN is not working to open the same. This is the same case for 2 of us. Please help!





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