AUDITORS EDAPPAL
20 August 2023 at 15:50

12 AB Hearing

We had registered for 12AB Registration in connection with which we were called for hearing by issuing hearing notice seeking to explain whether constitution of our institution provide certain claus ,the hearing notice specified that"If yes,please quote the relevent clauses of the constitution/trust/memorandum of Association/Bye laws of the institution .If no ,please cure the above defects and file the relevent document on or before the date of hearing." please let us know how to cure the defects and what has to be done for it.


JATINDER SINGH

Respected Sir/Madam

1. We had buy a property and deducted tds as per income-tax law, now we are trying to file 26QB but an error is coming on sellers page detail user id is invalid (detail behind error is the sellers had not registered their pan with income-tax site) ...... now the sellers are also out of touch.
What to do in this situation ? pls suggest
2. My another query about 26QB is we are the 3 Buyers 60%+20%+20% and property buy with value Rs.2CR and 4 Sellers 30%+30%20%+20%, kindly also suggest what amount should we fill in every 26QB at Total Value of Consideration (Property Value)


raghavendra b

DEAR SIR,

ONE OF MY CLIENT IS WORKS CONTRACTOR HE UNDERTAKE A CONTRACT FOR SCHOOL BUILDING REPAIRS. HE PURCHASED THE CEMENT AND PAINT. SO ITC AVAILABLE FOR THIS CONTRACT SERVICES.

REGARDS


apro
20 August 2023 at 00:43

LCTG on flat sale

I bought a flat for 2 million INR in 2014. The flat is sold for 7 million INR in 2023.
When filing returns how much I need to pay as tax on LTCG ? To avoid paying tax can I invest the tax gains in purchasing stocks ?

Please advise.


Deepak Rawat

Dear Experts,
I received Notice U/s 139(9) from Income Tax Department and I replied on the same by filling corrected return. I have not received Intimation U/s 143(1) yet.
Now I found some mistake in corrected return as well. So, Can I file revised return at this stage ?


R S Sai Kumar
19 August 2023 at 19:07

Section 188 of Companies Act = AOC 2

One of my client is a private Limited Company - the company has given and taken unsecured loans from related parties. Have we to mention these transactions in AOC 2.
Please clarify


MAKARAND DAMLE
19 August 2023 at 19:00

GSTR ANNUAL RETURN 21-22

A cooperative credit society has turnover of Rs.11 cr for FY 21-22
Out of above Taxable turnover subject to GST is Rs.50 lakhs

Is it compulsory for them to filer GSTR 9 & GSTR 9C ?


ghosh
19 August 2023 at 18:51

TDS deducted in spouse hand

Can husband claim tds deducted in wife's hand as income is added to husband in ITR 2 without informing deductor?
if husband informs deductor then he deducts in his name or not??


Marimuthu

Dear Experts,
1 A company is providing the lunch to its employees through its outsourced catering service providers.
2 It does not charge any amount to its employees,
3 The query is:
a.Whether the expenes incurred by the company, needs to be accounted either as Employee benefit expenses or Mess expenses.
4 Pls clarify


Bhavani Yk

Pls tell me how to replay the notice





CCI Pro
Follow us


Answer Query