susanta kumar panda
03 January 2024 at 20:41

ITR U ERROR

itr 3 updated return (ITR U) for AY-2023-24 error : "in part BTI sl no 19-deemed income u/s 115jc not equal to sl no 3of schedule AMT". But both the figures are equal.


HEM MAKANI

what are the effective ways to withdraw money from private limited company ?? other than salary and dividend


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Can a private limited company give unsecured loans to its directors and other related directors


chirag
03 January 2024 at 19:56

Non Valuated Material Stock Transfer

I want to Stock transfer of Non Valuated Material from haryana to UP.
kindly suggest that we can stock transfer via Deleivery challan or tax invoice . All material is non valuated material .


MONIKA SALHOTRA
03 January 2024 at 19:23

High value transactions -ecampaign

Mail received from the Income tax department regarding high value transaction related to 'Sale of land or building' under sections TDS-194IA(RV) and SFT-012. Under SFT information the amount reflected relate to 2 parties having distinct PAN numbers, regarding sale of inherited house property. Both assesses have filed the returns, including capital gains. Only one of the individuals has received the e-campaign notice via email. There are various options to respond, namely:
Option A: Information is correct
Option B: Information is not fully correct
Option C: Information relates to other PAN/year
Option D: Information is duplicate/included in other information
Option E: Information is denied

Which option should be selected while submitting the response. If Option C is selected, then there is an option to specify all PAN related to the transaction (including self, father, mother, sister, all other relationships are specified under drop-down menu).
Additional information: The amount is double as 2 parties, Should Option C be selected and all the persons' PAN be added?


nilesh

Respected Sir
Should we can file the income tax rerun after due date of 31st Dec 202
3, please suggest..


PANDIAN BRIGHT
03 January 2024 at 14:34

GSTR 7 FILING

GOOD AFTERNOON SIR/MADAM, I TRY TO FILE GSTR 7 FOR THE PERIOD OCT 2023. IN THAT MONTH I THE DEDUCTEE FOR MORE THAN ONE TRANSACTIONS. IF I TRY TO FILL THE DEDUCTEE DETAILS AGAIN, IT SHOWS "DUPLICATE DEDUCTEE" WHAT IS THE REMEDY FOR THIS ISSUE?. PLEASE CLARIFY.


Jitendra Negi

Dear respected members,

Our client made an export (without payment of tax) last year. However, before delivery could take place, some norms in that country changed. As a result, they rejected the shipment and requested us to modify the goods to meet the amended norms.

Upon reimporting the goods, the officer at the port imposed GST, which was reflected in our GSTR-2B IMPG section. At that time, the officer assured our client that the GST would be refunded later. Now, our client seeking the refund, but we dont know how to , in this type of case

Please advise and provide assistance.

Thank you.


S.Jegadeesan

Sir
I would like to clarify some doubt regarding Financials Presentation and E Forms for Annual Filing i.e. As per AS Financials should be presented in Hundreds, Thousands,.... But while Fill up the E Forms AOC 4 everything should be filled up in absolute rupees only (INR ) .No rounded off allowed .
Then how will ROC Cross verify these things if we presented the amount in Hundreds but filled in INR ?
Or Financials should be presented with complete digit like Rs.100000 may be disclosed as
Rs.1000.00 in case Figures mentioned in Hundreds ?
Kindly clarify the above



NIRAJ SHAHA
03 January 2024 at 12:06

Whether tax audit required?

Limit of section 44AB






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