Suresh S. Tejwani
This Query has 5 replies

This Query has 5 replies

22 January 2025 at 13:55

Appeal Income tax

How to Withdrawn Appeal in Income tax.


Chandra Kala
This Query has 2 replies

This Query has 2 replies

What would be the remedy when the Chief Commissioner of Income Tax rejected the request of condonation of delay of submission of return of income as per per circular no.13/2023, dt:26/07/2023 of CBDT



S B UNNIpro badge
This Query has 1 replies

This Query has 1 replies

22 January 2025 at 10:52

Regn.under IT -12A

One of my client is duly registered under the Rajasthan Societies Act and the same is running a Goushala since 2021. While applying for the Registration u/s 12A and 80G the CIT has raised an objection that my client should have been registered under the Rajasthan Public Trust Act instead of the Society Act. Is it correct? Any case laws also please...


Manami Biswas
This Query has 1 replies

This Query has 1 replies

21 January 2025 at 17:32

Sales credit note

I have received four delivery challans from my customer for returned goods. Later, my customer issued a debit note aggregating the quantities from all four delivery challans, which were included in one tax invoice.

Should I generate a separate credit note for each delivery challan I receive, or should I issue a single credit note against the debit note? Which approach is considered as good practice and GST-compliant?


Amit KK
This Query has 1 replies

This Query has 1 replies

Hi Experts,

I bought a property from a property investor (not the builder) while the construction was still ongoing. I paid him for his equity based on his valuation, which was in excess of 50 lacs. Now the property possession is coming near, and the final payment due to the builder this time is less than 50 lacs. Do I need to deduct TDS and submit on behalf of the builder?

Also is there any rule about TDS payment proportions in case of 2 buyers?

Many thanks,
CA Amit Khaitan


Somnath
This Query has 1 replies

This Query has 1 replies

21 January 2025 at 15:06

Trade license for Charitable Trust

Dear All

Trade license required or not for any registered Charitable Trust with proper office address in West Bengal ?
This trust already obtained certificate U/s 80G as per IT act.
Plz reply wiith related law reference.

Regards

S Mallick


Umesh Ambadkar
This Query has 3 replies

This Query has 3 replies

21 January 2025 at 14:32

ERROR ARISE IN 24Q

Error occured during filling TDS return 24Q codeT-FV-4263 in rpu


Mahesh S M
This Query has 3 replies

This Query has 3 replies

21 January 2025 at 13:56

ITC received by bank in portal

what is the journal entry to be made to claim the ITC in books of account if payment not found in Bank statement?


Suresh S. Tejwani
This Query has 1 replies

This Query has 1 replies

21 January 2025 at 13:47

TDS revised.

Whether there is any option to revise or ammend property tds return (i.e. 26QB)?


Hukam Chand
This Query has 1 replies

This Query has 1 replies

Dear CA Club Team,
whenever I prepare financial statements at the time of audit, one thing is not clear to me that the figures that I should write in it should be written in thousands, lakhs, millions.

Is there any such company act or government circular according to which it is necessary to write the figures of financial statements in thousands, lakhs, millions. If so, then please share any circular, notification.

Secondly, I want to know whether any new format of financial statement has come which is necessary for corporate and non-corporate assessees. Please share the new financial format and also share the notification.

Third point, is there any website from where all these types of notifications, circulars can be seen? Please share it so that I can also get updated on time.

Thanks