Suresh S. Tejwani
12 February 2025 at 12:42

TDS DEMAND FOR LATE FILING LEVY

There is a case in which the deductor has revised the tds return before tds return has been processed and corrected the error. Now the deductor has received the notice to pay late fees along with additional late filing levy against processing of latest correction.

What could be the probable solution for the deductor party?


Prashant

My brother and me own a residential flat in Maharashtra in our joint name. I want to withdraw my name from the flat so that my brother can sell the flat on his own and can take the entire consideration.

How can I remove my name with the minimal cost



B.R.Vinod kumar
12 February 2025 at 10:53

Accounting process.

Dear sir,

One of my client doing computer selling business. For him process is raising invoice in tally when they made sales, but in purchase there is some issues, they are up dealers, they get materials 100℅ but they have to repay to hP for 4installement. So invoice getting quarterly. In is tally facing issues in profit and loss account. Example sales is 100. Purchase is 40. Sales is 100 but purchase get invoice 10.profit is showing 90. But correct one is 60.

Please tell me how to maintain the correct profit and loss account in tally.

Regardcinod


Allauddin Patel
11 February 2025 at 20:47

ITC ON BOREWELL PUMP SET

Dear sir we have been purchased borewell pump set material for our borewell in our factory so can we take itc on these materials purchased?


Ramesh R

RERA Registration is mandatory for Rural Areas

An agricultural land of 3-5 acres was converted into DC Converted plots for sale for residential purposes.

Is it required to get Registration under the RERA Act.


Ashish Gupta
11 February 2025 at 18:14

Income Tax Audit for New Partnership Firm

My client has started business of pharmaceuticals under Partnership Firm. They started the business on October 2024. In December 2024 they got the GST Registration.

They bought some materials & some fixed assets. But they do not have any sale till now & according to them this FY (2024-25) their sale will be NIL.

Is ITR filling is mandatory & if yes is audit required as they have loss arise due to depreciation on Fixed Asset & some expenses to run the business.


MAKARAND DAMLE
11 February 2025 at 17:14

Form 26QB Instalments

While filling Form 26QB Stamp value of the property is to be entered.
When payment towards property is in installments what stamp duty to be entered ?


Chandragupta Doshi

Please provide me any application draft formate


Jayanta Bandyopadhyay
11 February 2025 at 11:53

Registration on Darpan portal

Banks are asking our own Provident; Gratuity Trust Funds for registration. However, Trusts are not NGO, SEC 8 CO, CHARITABLE TRUST,ASSOCIATION

KINDLY GUIDE


Minesh Sarasan

While entering HSN summary in GSTR 1 whether the total sale amount or value after deducting credit note should considered