*FY 2021-22 & AY 2022-23*

TDS Claimed in ITR - Rs 3,500 as appearing in 26AS as on ITR Filing Date 31-07-2022. ITR was processed and a refund was received.

Later after all due dates passed for filing ITR 139(1) & 139(4). The deductor deposited additional TDS which was deducted but not deposited earlier. Neither we had details amounting to Rs 7,500. The rectification request was submitted (Tax Credit Mismatch) but an additional claim of TDS was not admitted.

Now we are trying to file rectification with the option (Return Data Correction) but getting an error as below.
"Under Section 154 of Income Tax Act 1961, an application for rectification can be filed only to correct mistakes apparent from records. In the rectification request filed, it is found that an additional/reduced TDS/TCS has sought to be claimed. This is not a mistake apparent from record. Hence your rectification request cannot be entertained."

Any solution for the above error if anyone can suggest.

We are in QRMP SCHEME, one dec 2022 invoice was missed during filing of GSTR-1 for DEC 2022 . So can we put DECEMBER 2022 invoice in MAY 2023 MONTH IFF return?

TDS Validation Error

ASSET WAS PURCHASED IN THE NAME OF PARTNERSHIP FIRM. HUSBAND AND WIFE ARE THE ONLY TWO PARTNERS. CAN THE ASSET BE TRANSFERED AS A GIFT TO THEIR SON ?

Respected Sir,

If a person installed 2000 Liter RO Water plant at home and supply of ro water to village person so that supply attract to GST (GST applicable 18% or its exempted in GST) customers bring empty can,Drum,from home come to place of Ro Plant open the tap collect the water and come back to home. It's note a packing, sealed, water So GST applicable or note please suggest.

Dear Sir,
I am trying to file validate 24Q form and getting error. T-FV-4040 'Total Taxable Income(355-366)' not equal to the Difference of 'Gross Total Income(338+352)' - 'Gross Total of 'Amount deductible under provisions of chapter VI-A under associated Salary Details-Chapter VIA Detail'
Please suggest how to solve this error and complete in TDS return filing process.

Dear Sir,

in the month of October 2022 Some goods break on the way. We have hold some payment and rest balance Clear to Supplier. supplier never demand to us send back break goods to me. we request to supplier send you account statement to match account balance. as per books of account of supplier our balance is NIL but as per our books of account supplier is balance Rs.10240 Cr. in October 2022 Supplier Cr.Rs.10240/- in his books of account mention narration adjustment of break Goods No document send to us. No show in his GSTR-1 .Can we issue debit note in March month Turnover is Rs.2 Crore book cover under audit 44AB.We not able to issue debit note to supplier in backdate ( Oct.22 ) 2023. so if we issue debit note in march 23 auditor will raise the issue because We already filed GSTR-3B march and ITC reversal not adjusted in march month .
What to do in case guide to me. 1st Case
(1) entry in 31 March 2023
Dr. XYZ Supplier Rs. 10240/-
Cr. IGST input Rs.1562/-
CR.Purchase account Rs.8678/-

Dr. IGST Input Rs.1562/-
Cr. ITC to be reversed Rs.1562 ( Current Liability ) Its not adjusted in march.

in May month reversed the ITC in while filling In 3B

2nd Case Carried forward Balance Rs.10240/- in FY 2023-24
entry in Mary month

Dr. XYZ Supplier Rs. 10240/-
Cr. IGST input Rs.1562/-
CR.Purchase account Rs.8678/


please sir suggest to me.

Our company Turn over Rs 1.00 Cr FY 22-23 Previous year Rs 1.15 Cr. Profit during the year Rs 4.85 Lakh. Carry forwarded Losses Rs 2.05 Cr and unabsorbed Depn Rs 30.40 Lakh. Now our questions are
1. Can we set off carry forwarded losses with current year profit if adopted new tax regime u/s 115BAA ?
2. Can we utilised unabsorbed Depn current year profit if adopted new tax regime u/s 115BAA ?
3. If we continue old regime carry forwarded losses to be set off on normal tax rate e.i.25%+Cess.
4. If we continue old regime carry forwarded losses or unabsorbed Depn which is utilised on Mat Tax Rate i.e 15%+ Cess.

Read more at: https://www.caclubindia.com/experts/ask_query.asp

Dear Sir,
We are currently facing a scenario for change in registered address
We are a manufacturing company, our registered office is situated at e.g. Place A and our factory address is Place B, both place are in same city and both places are added in GST registration certificate. PLACE A as registered address and PLACE B as factory address.
PLACE A & PLACE B both was mortgaged by bank for running of business, Now we have switched our Company bank and now only PLACE B is mortgage by the new bank against Company CC A/c.
Now we want to change our company address from PLACE A to PLACE B in GST, ROC and PAN Card (if necessary)
Kindly clarify, what document we needed for change in registered office in GST, ROC & PAN CARD and we need to change in firstly GST or ROC or PAN, kindly Suggest.

what is the rate of tds for incentives payable to employees