Suppose, in the year 2023-24 the invoicing to a customer crosses 1 crore but they have not any amount till date.

So, TCS u/s 206C(1H) will apply or not?

Sir, for the Asstt.Year 2011-2012, one of the advance tax payment was not given credit while processing the ROI under 143(1), hence, there was a demand to that extent. We have raised the Grievance to the extent and in the resolution we are informed that “ you are requested to file the rectification application along with supporting documents for taking necessary action” is what the massage received. When we check the same in the income tax portal, no such enabling option is made, so, now what to do ? or do we have to make an application in manual to the Jurisdictional Officer or how to proceed sir.

Hi Sir,

Can we add Internet Allowance as a salary component for CTC, and can employees get any exemption from that if they submit internet bills? If this is possible, please provide information on the following points:

1. Under which income tax section will this fall?
2. Is there an amount limit for the internet allowance?

thanks in advance

What happens if a partner dies in a partnership firm, which is a member of the private limited company and that the partnership firm is reconstituted with new members do we have to issue a fresh certificate stating the new partners or just that replace the name of the deceased partner with the new partner. please advise urgently.

Thanks in advance.

We filed our Income Tax Return (ITR) for the financial year 2020-21 when the Tax Deducted at Source (TDS) wasn't visible in Form 26AS. Consequently, we didn't claim the TDS credit. However, the deductor later submitted the TDS return after the deadline for filing belated returns. Although the TDS now appears in Form 26AS, we're unable to revise our return and avail the TDS credit due to the time limitation. Is there a way for us to claim the TDS credit?

Sir,
I have puchase a mobile can i claim ITC ,its is for business purpose but as usual its fulfil my personal purpose also.

Sir, I have business on Vegetable Nursery in which I sale Mango Plants, Lemon Plants & Other Small Plants, Can I know the HSN Code & GST rate for the same... Thanks & Regards.

How to file AOC4 and MGT7 now if it is not filed in previous 2 years. what is the procedure? How will the CA sign the documents, whether it will be in current period or backdated signature?

One of my client runs a sweet shop, manufacturing unit. He has lifted a chit. The chit loss along with input GST was deducted from the bid amount. Is this GST eligible for input claim.

R S Sai Kumar

If a buyer's PAN-Aadhaar is not linked then we, as a seller will collect TCS on Sale of Goods at which rate?