Sir,

Please solve my below query:
My one of the relative is filed ITR 2 return and selected New system his TDS deducted amount of Rs. 69000/- and he earn capital gain Rs. 20000/- including long term & short term he also paid caiptal gain tax.
but lack of knowledge he submitted return without deduction like HRA deduction, medical parents etc.
this effected to his return he did not any refund.
Now recently he received CPC order against return submitted their is no demand and refund but now he want he submit again return claiming the deduction like hra, medical expenses for senior parents etc.

Kindly guide whether he can file again revised return then how to file and what option to choose.

Thanks & Regards.

Dear Sir /Madam

We are importing machinery to our company, my question is fixed assets on bank loan any advantages, pls let me know.

Dear All

Please note that we have to send certain products as sample from one state to another. Some of the products will be returned, some wont. Can you suggest how to bill the product for the said transaction? A delivery challan is enough for transfer?

Sir,
We are Exported the goods in April 2024 for USD 5280.After we found that wrongly raised the for USD 4128 instead of USD 5280 due to there's some clerical mistake and the foreign supplier made the payment of USD 4128 also only.(Balance of USD 1152 short realization) But In this Export invoice shipping bill we are availed the benefit of DBK, RODTEP & IGST also. Now we are repaying the excess availing benefit of DBK,RODTEP along with interest. In my question is Export with payment of IGST paid in our hand and this was reported in GSTR-1 and payment made in GSTR-3B and received also. Now It is mandatory to repay the balance IGST amount to the customs department for this short realization. please clarify any one what provision is there this kind of issues in GST and how to report in GST returns and reclaim this amount in department. please reply to us immediately.

Is TDS applicable on Processing fees and other charges (Documentation Charges, Visit Charges, etc) paid to NBFC's for Borrowing Loan. If yes under which section and rate of TDS please inform.

Sir,
A Doctor maintained a dental clinic and selling of medicines in pharmacy Stores turnover rs:50 lacs below opt presumptive scheme itr returns filed.but assessess selling of medicines transaction professional service used purpose income treatment in itr returns allowed or not

Can a Managing director of a listed company (who is already drawing remuneration under Section 197 of Companies Act, 2013) can draw professional consultancy fees from a UK based Company in which he is the only Director and Shareholder?

When a company borrows Term loan from Bank and capitalize the interest during construction , so one side the value of fixed asset increase but on liability what amount increases? whether Bank Term Loan will get increased or other liability increases?

If a private limited Indian company had invested in 100% foreign subsidiary in Vietnam
This being the first transaction to acquire shares in foreign entity ODI was done

Query 1: whether transfer pricing will apply on this transaction where the equity shares are acquired at face value in foreign subsidiary? Or this be considered as capital transaction and is outside the preview of TP

Query 2: If TP is applicable then what would be the method of valuation used for comparison?

Query 3: Is form 3CD also mandatory to be filed if transfer pricing is applicable to an entity even if the turnover is below 10cr?

company "A" holds 33% share capital of "B" . Also directors of "B" are promoter of co. "A" and "B" .
do IND AS 110 applicable on co. "A".

please suggest