Sir,
My sister and Brother in law who went to USA a decade ago are now Citizens of USA which happened recently , both have NRE and NRO accounts in India and both file Income tax returns in India. Income in India is from Rents and FD'S in my Brother in law account and just FD's Interest income for my sister. Just wanted to know do they need to change any in their Bank accounts as they are US CITIZENS and any change in IT filing from this year.
Can they still maintain their NRE and NRO accounts in INDIA and file Income tax returns in India as they used to do earlier , or there are any major changes in treatment of their status in BANKS and Income tax department.
Thanks and Regards.

Respected Sir/Madam
There is a query regarding two PAN of assessee
Earlier she has a PAN in the name before marriage and its linked with adhar
then she applied a new PAN after marriage which is not linked with adhar
Now she wants to link second PAN to link with adhar.
can first PAN be cancelled or surrendered ?
Request to guide on this

Dear Experts,

Greetings!
I want to know under which table the exports of Exempted goods and Credit notes issued against the exports of exempted goods to be disclosed under GSTR1? Whether it is shown as EXWOP or exempted goods ? For credit notes also?

Thanks in advance

Firm having turnover of Rs. 44 lakh wants declare profit around to 1% so it is compulsory to go for audit u/s 44AB(a) as firm is newly incorporated in FY 2022-23 and filing first time income tax return as firm is declaring profit lower than 6%/8% as the case may be.

QUESTION 1).IS it compulsory to adopt 44AD as firm declaring profit lower than 6% and carried out audit under section 44AB.

2).maintenance of books of account is compulsory if firm want to file normal return without considering 44AD

In case of a slump sale of a business unit of X limited(seller) to Y limited(buyer), what should be the block value of the assets taken over by Y limited for the purpose of computing depreciation under Income tax act?
(Let us assume for Sch III balance sheet purpose assets and liabilities are taken over at book value of X limited(seller)ie; at book value as per Sch III of X Ltd)

I am doing practice in sole proprietorship from last 8 years,I am doing branch audit of a public sector Bank from last 2 Years,after new norms issued by RBI,what should I do for eligibility

Is dematerializing physical form of shares possible after 30/Sep. 2023.
A company of which I am a shareholder. holds physical form of shares.
The company has been dissolved. I am trying to reinstate the company after coming to know of a left-out asset as a major shareholder.
Informed the Official liquidator, He has acknowledged the appeal.
I am moving in the High court.
The last date for dematerializing is 30.9.2023.
Do I stand a chance of retrieving the shares of ICICI which is the asset of the dissolved company?

SIRS,
A FRIEND OF ME RESIGNED FROM A COMPANY IN 2015. HE HAD NOT JOINED WITH ANY OTHER EMPLOYER. DOING SMALL BUSINESS. HE COULD NOT OPEN EPF ONLINE PORTAL AS HIS AADHHAR WAS NOT SEEDED. IN THE COMPOSITE CLAIM FORM_NON-AADHAAR THE SIGNATURE OF EMPLOYER IS ASKED FOR. NOW HE WANTS TO CLOSE THE EPF ACCOUNT. WHAT IS THE PROCEDURE TO CLOSE THE EPF ACCOUNT WITHOUT PRIOR RMPLOYERS' ATTESTATION? CAN HE UPDATE AADHAAR DETAILS DIRECTLY WIGTH EPFO?

Goods in transit
Cheque in Hand
FDR,s
Sweep In

MY TURONVER BELOW 10 CR OR ALSO GROSS RECIPT BELOW 10 CR
BUT ONE PARTY I HAVE PURCHASE MORE THAN 50 LAC
OR ONE PARY IAM SALE GOODS MORE THAN 50 LAC

IAM LIABLE TO DEDUCT TDS OR TCS

THANKS IN ADVANCE