Say, I have bought an asset for Rs. 12 Lakhs on 1 December 2022. The expected useful life of asset is 1 year. Where the asset is shown in balance sheet on 31 March 2023?

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My daughter's current status is NRI and she is having an NRO account in India. Can I being his father deposit say Rs 2 lacs in her NRO account as a gift. Are there any tax implications on both of us from point of view of the status of giver being RI and beneficiary being NRI? Do I have to do any documentation for this?

Sir.
Can get LUT for human recuitment export service. Fund will get from Dubai.job interview and visa process is down in India.
Let's me know last date for submitting LUT for finance year 23-24.
Please advise.

Dear Experts,

If a commercial property (currently in name of individual) , 50% ownership of the same is transferred to his wife as gift without any consideration, will it be taxable in hands of wife or husband? Required stamp duty on registration of the gift deed will be duly paid

Please advice

Regards,

We received a notice regarding Discrepancies in the FY 2017-18 returns. The department has raised a demand for tax for the returns filed in the 1st quarter of 2017-18. reconciling the same we found that the order is correct and liable to be paid. However, the reply was not submitted by the due date and we are yet to pay the tax. My query is how do I pay it off now that the due date has passed?

How to download Intimation of right issue announcement by any company
Like APL Apollo Tubes Ltd.

i have taken input claim for car purchased in feb 2018.i have got notice in june 2023 asking for penalty almost double the input claimed. i have not got any notice earlier . my auditor has also not informed in any financial years about this.how can i get waiver off.
kindly help

I have, by mistake entered amount under "Inwards Supplies from ISD" instead of mentioning it in "Inwards supplies liable to reverse charge" in GSTR 3B's Eligible ITC section during APRIL 23. How do I rectify that in August 23 GSTR3B?

sir
I have a question related above subject.
An educational institution covered under section 10(23C) (iii ad) has FDR in bank account and during the year he earned interest on such FDR and TDS is also deducted on it.
1. my question is whether we have to report interest on FDR in other source head or in SCHEDULE IE-4 "INCOME AND EXPENDITURE STATEMENT (applicable for assessees claiming exemption under section 10 (23C) (iii ad)?
Please reply me and oblige.
Thanks