Keyur

Sir/Madam

I have one doubt, please resolve the same-

1) How to know donation paid is eligible u/s-80 G is covered under 50% /100 % amount of donation??
Is we can trace eligibility based on trust registration no??
2) Is it possible that last/past period it covered 50 % limit and in current year onwards it will cover under 100 % limit??


naveen jain

An HUF provides consultancy and its receipts are credited to HUF account under its PAN. As per income tax it may be regarded as Karta's income and may be clubbed with Karta's income. Is there any similar provision in GST that it has to be reported under Karta's PAN and GSTN? Particularly when Karta is registered under GST and HUF is not and HUF has separate PAN?


Krishna Joshi

a person made an development agreement with a developer on dated march 2022 for developing a unit of flat on his land which is bought by his father on Feb 2006, the agreement is 30% for him and 70% of the developer of the total development.

Please guide me is capital gain is applicable? in this scenario



Raman Kumaran

I have paid Rs. 25410.00 through the income tax portal via my banker, SBI for this amount which was due to pay as a part of my tax liability for AY 2022-23. The details of this self -assessment tax paid challan receipt was entered with BSR code, tender date and challan serial no. in the respective column while filing.

Now, I have got a demand notice us 143(1) for this amount again. And reason for the mismatch amount as per CPC was as ' Challan is not available for the AY'.

While checking my filed ITR, it is found that the serial no. of challan was written as "578" while filing instead of "00578" (as per SBI challan receipt). This was an entry mistake.

Please advise me whether I need to pay again Rs. 25410.00 as per the demand notice or get rectified the serial no. of the paid challan receipt?

Kindly help me how to go for it and clear this demand notice.

Thanking you, Sir.

Raman kumaran









CA Parul Saxena
21 July 2022 at 15:27

An query on CTC

Monthly salary- 53000 (yearly=53000*12=636000
Children Education Allowance- 26500 (Received in Mar)
Yearly Bonus- 53000 (Received in Aug)
Total in hand Salary=636000+26500+53000=715500 (715500/12=59625 p.m.)
Gratuity will be received as and when i will leave=Rs.3 Lakhs
My question is in the interview what is the CTC to be told to them=Rs.7.2 or Rs.10 Lakhs?
What is the monthly take home i have to say Rs.53k or Rs.59K?
When it is asked why your salary is so low after so many years what should be the reply?


Daya

whether GST applicable on old stock items purchased before GST levied on 18th July 2022.


Daya
20 July 2022 at 10:36

Whether GST applicable on old stock

whether GST applicable on old stock , that was levied on 18th July 2022 on edible items.


JAMAL KHAN
20 July 2022 at 10:17

TDS DED @ 10% U/S 194J

I HAD DEDEUCTED THE TDS U/S 194J @ 10%, BUT THE CONCERNED PARTY HAD CREDITED BY ACCOUNT AFTER DEDUCTION OF TDS U/S 194C @ 2%.
I ALREADY PAID THE CHALLAN, NOW HOW TO RESOLVE THIS ISSUE
PLEAS LET ME KNOW


ARUN GUPTA
21 July 2022 at 15:27

Return of goods from the customer

We supplied goods to our customer after buying from the supplier who issued us normal bill although the dealer was liable to issue E-invoice. Our customer have rejected goods and we want to return goods to the supplier. What will be the process of return? Since we are returning the goods will our ITC BE effected as dealer is issuing normal invoice instead of einvoice. Please clarify all the effects of goods return and process involved for return of goods.


SHYAM KRISHNAN K

I am a marketing exicutive in an entity. Along with my salary i have received some amount as commission. While filing income tax return, my tax return preparer advice me to claim 50% expense on these commission income. Is there any problem on claiming expense on commission income