In a job work where the material and labour are shown seperately in a single bill , total bill amount is 46 k but the labour chgs are below 22k k, should the tds be deducted considering the threshold of 30 k for 1 bill ,

Or not to deduct TDS as the labour chgs are below 30k

Hello, Revocation application was filed in June 2023 under amnesty scheme, but Jurdisdictional Officer did not take any action upto 8.7.2023. Due to this the returns could not be filed in June.What will be consequences. Can we file appeal or write to Higher Officer.Experts Opinions highly appreciated. Regards.

Hello All,

I am getting an error while validation.
Category of defect A :You will not be allowed to upload the return. Kindly correct below errors in order to proceed further.
The error is In schedule CYLA, 'Total loss set off' cannot be more than the 'Loss to be set off'
However, both the amounts are matching.
Can anyone help and guide what should I do?
Thanks a lot!

Dear All,

My land is compulsory acquired by state government and for that they have paid compensation. They have paid such compensation with interest for delay in payment. I want to know whether such interest is taxable or tax free?

Thanking You.
Nirmal Dave

RESPECTED SIR
ALL SALES ARE B2C BUT ONLY 2 TRANSACTION ARE B2B. SALLER IS A RETAILER . IT IS NEED TO FILL HSN CODE FOR ALL SALES TRANSACTION. IN GSTR1. PLEASE ADVICE..... THANKS.

After validation when i proceed to preview and verification, i get a message 'A' class error.
-deduction under u/s 80 u for self with severe disability can not be more than 125000.

I am neither disabled nor claimed any deduction u/s 80U.

Please guide

If one has incomes from Salary (Pension), Interests (Bank and Annuities) , Dividends (MF & Shares) , Capital Gains (MF& Shares) and have Technical Services/ Consultancy income of Rs 6,00,000/- and overall taxable income is above 50 lakhs, then which ITR form one uses for filing tax?

My wife working as a lecturer in a college under contract basis. Her total Remuneration is Rs.3,68,100/-annually. Tds Rs.3684/- deducted under 194 c section. Her Professional code is 17007(other education services n.e.c). Her professional comes under non specified professional under Section 44AA(2). She has to file ITR under ITR3. She got Rs.1632/-interest from her savings bank account. She is not claiming any deductions under any sections. As we know up to Rs.5 lac income, no tax is charged as per tax slab for fy 22-23. We have a confusion about sections of presumptive income scheme. Under which sections of presumptive income scheme we should show . Whether it is 44AD or 44ADA. or can we show the income without using presumptive income scheme. Where to put contract income under ITR3. Kindly fully guide us in this regard.

Thanking you

Sir, If I pay rs. 10 lakh to a farmer to purchase agriculture produce in a day. Is it allowed?
Will the purchase be disallowed as expense or not.

Sir, Please give me the format of Partnership Balance sheet