Sir
Previously I had asked for filing of ITR of Deceased Assesee wherein I got reply that Income Tax Return of Deceased Person be filed only upto his date of death

In my case the date of death is 17th April 2021

There are Incomes and TDS in the name of Deceased Person`s PAN

what to do

can i file ITR of deceased for whole year under under login of representative to claim refund

please inform

Dear Sir,

We are GTA (Goods Transporter Agency) providing transportation services to our customer which is exempted services under notification no. 05/2017 central tax and does not required to register under GST. Liability of GST payable by service receiver under RCM. But we registered under GST filing Nil return every month (without claiming ITC) due to exempted services

Now our customer is saying mismatch in GST filed by us saying 5% GST will be recovered from us.

Kindly advice us.

Thanks & Regards
Lingam

On which amount TCS on scrap should be collected, on taxable value or on invoice value?

what is type of penalty under GST, and why penalty is not allowed as GST Input.

Assessee bought land on 09.05.2019 for 20 lacs. House constructed & completed on 01.06.2020 for 45 lacs

Sold for 72 lacs on 20.07.2021

How should we treat the capital gain. Land as long term gain & construction as short term or both as short term.

what is penalty for Not Generating E-way Bill.

Dear Sir/Madam

Previous year 2020-21 We filed ITR under 44AD Profit 8% But in Financial year 2021-22 Assessment year 2022-23 Turnover is Rs.7300000/- and profit is 6.20% Can we go for tax audit if yes which section please suggest

Sir/Mam,

What is EGM , How many days take to Update in Shipping Bill Status After receiving Shipping bill and BL

Please kindly explain

Thanking you,

One of my relatives have purchased NSC from Post office and as per the understanding from the postal NSC rules, the NSC yearly accrued interest is treated as reinvested along with the principal amount till 4 years, hence, eligible for tax deduction as per 80 C. The last year (5th year) accrued interest will be applicable for tax lability as per the individual slab rates.

Sir, query is that whether the yearly accrued interest of NSC upto 4 years need to show as income under 'income from other sources' when this interest was not claimed as deduction under 80C of that year or show only the 5th year accrued interest(not all the years accrued interest) as income under "income from other sources".

Your valuable advice is sought for clarifying our query on the above matter, Sir.

Please help us.

Thanking you, Sir.


Raman Kumaran

Hi Everybody!

i hv a Q that if a resident individual having a micro business with A.Y Turn over appx 15L and income from business less than 1.5L and invest in equity then can he opt presumptive income under column 61 and can opt 44AA for being a small tax payer which is not listed in 44aa(i)

RK
Delhi