Sir, I have already filed ITR for FY 2021-22, but missed to file ITR for FY 2020-21 due to some unavoidable reasons. My queries are :
1) May I file ITR U for FY 2020-21 now ?
2) May I claim refund in ITR U ?
3) May I file the ITR U if I am ready to pay required tax/penalty and waive the refund ?

The filing of ITR is required by me for availing bank loan sir .

If the case arise of AC Installation Charges. We are supposed to deduct TDS under section 194J as AC installation charges as is referred as technical fees and should deduct TDS @2% under 194J. I read other sites that shows, TDS should be deduct on AC installation charges will be under 194C. Please clarify and give me proper justification so that I will be cleared on this.

Hello, please provide MOA object clause for Cloud Kitchen Business Model.

Sir
Please let me know the sale of MEIS Licence is liable to reverse GST during the year 2018-19. The same is exempt sales. Please give any circular/notification in this regard favoring the Assessee.

Dear Experts
G Mrng all as we printed id cards & purchased rope for the same (with company name on rope). now the supplier provided bill for Rs 52,000 (for id Rs 2,500 for rope Rs 49500) and he is also a unregistered person. My question is does TDS applicable on the above or not. If applicable means, do I need to deduct 1% of TDS on rope cost or have to deduct on total bill value

Respected,

The assessee had opened a "Capital Gains Account" with the Bank of India a year ago. Now he wishes to start construction of the residential house and therefore wants to withdraw from the capital gains account. Assessee is going to construct the building by himself (no outsourcing to the contractor).

However, the bank says that the assessee must produce "Proper Invoices" (by which they mean - GST Bills). Even officers at the zonal head office say the same.

However, since the assessee is constructing on his own, he would be unable to submit gst bills of labour charges since most labour would be outside of GST purview due to various reasons. But nobody at the bank understands this.

Can somebody provide anything which can help the assessee set aside - "GST Bills" rule?

Please guide. Thanks.

SIR

I WANT TO SELL MY LICENCE UNDER RODTEP IN EXPORT OF RS. 108000/-.
CONSINGEE IS ASKING ME TO RAISE INVOICE OF ABOVE SAID AMOUNT.
PLEASE TELL ME THAT WE HAVE TO ISSUE GST TAXABLE INVOICE FOR THAT.
IF YES, PLEASE TELL US THAT HOW IT WILL BE EWAY ONLINE AND UNDER WHICH HSN CODE.

AWAITING YOUR RREPLY.

THANKS


KAPIL BHATIA

Dear Sir/Madam,

When we are dealing with the party which is our Debtor and one party is our Creditor, then whether we can set off the balance of Debtors against Creditors or vice versa? Please reply as early as possible.

Please note that both parties (Debtors and Creditors) are not related to each other, but they are agreeing for adjustment and can we assign our debtors to that particular creditor.

Regards
Anuj

Dear sir,
Let's me know whether company have right to hold PF fund of resigned employee .
Once of my friend says the company not show such person resigned from office In EPF Portal ,so that he can not withdraw fund from PF .
please advice if any document need to submit by company for releasing pf account of resigned staff.
With regards
Binu

Sir
I would like to clarify some doubt regarding Income Tax on Sale of Immovable Property by NRI

Mr Elango is an NRI sold an Immovable Property in 2022 for Rs.95 Lakh which was bought by him through his NRE Account in 2009 for Rs 15 Lakh
Whether the above is taxable @ 20% without any basic exemption Limit as available to Resident ? or he can claim Basic Exemption limit which is not taxable ?

Further Form 15CA is enough or 15CB is required to submit while transfer the Proceeds to NRE A/c?
What rate of TDS will be applicable to NRI whether 20% with Surcharge, Education Cess or Flat rate of 20% only?