Sir,

One of my friend has filed ITR 1 on 1st of August 2022. There is no tax due after deducting the TDS as per Form 16. But, due to late filing, he has to pay Rs. 5000/- late fees. He paid that amount on the same day, but failed to fill up the challan details in the ITR.

Now, the IT department has raised a demand for Rs. 5000/- Can he go for rectification in the IT Portal under the head SERVICES and furnish the challan details of the said payment ? Is it correct ?

Pls. advice.

Our is a Education Institution. We have registration u/s 11 (12AA Registration). In this connection, we request you to file we can claim exemption u/s 10(23C)(iiiad). If we have registration u/s 12A of the IT Act

SIR,
A Gst registred pharmacy business regular scheme dealer business closed dt:31-07-22 and dealer cancel of gst number applied online dt:05-08-22 . if dealer notice from gst department recently rs:5 lacs excess itc claimed previous years 18-19,19-20,20-21 and 21-22 years difference between gstr3b vs gstr2a/gstr2b reason show in notice.
Question:
1.Dealer notice show amount tax pay compulsory.
2.itc claimed campared provision gstr3b vs gstr2a/gstr2b applicable date:01-01-22 in gst act is correct.

Supplier of goods had issued Export Invoice and uploaded in GSTR 1 by paying IGST
He also got refund of this IGST paid

However goods meant for export are still lying with customs and also buyer is refusing to take delivery

My question is now how to rectify this export transaction which has not taken place ?

Dear Sir,
This is a query regarding the Income Tax Return of LLP. There is a loss in the Firm in the first year of filing ITR. It should be File ITR with Audit or without Audit.

Thanks & Regards,
Mohd Nasruddin


Hi Sir,
Two Partner total Contribution 50000+50000=100000

total turnover 106000

1. I had cleared Inter 1st group in may 22 and now I want to know within how much time I can join articleship?

2.Is there any requirement to submit a stamp paper for articleship registration?

3. Does that stamp paper binds me to work at one place for my entire articleship tenure?

4. Within how much time I can change articleship firm?

I want to Gift approx Rs 10 lacs to my daughter. would like to know if any TAX applicable to her on receipt of money. She is a student and does not have any income.

also , do I need to prepare any document of Gift.

Kindly advise.

sir,
While checking 2B, There is an input in relating to repair of car which is used by Owner for
business purpose .
can we claim that input
with regards
Binu

respected sir,
there is no VAT on cloth in andrhra pradesh in pre-GST regime. so no question of transitional credit relates to state tax (VAT). dealers dealing in textiles (not ready mades or made ups) purchased cloth from companies directly from states like gujarat or maharastra with purchases coverd by invoices. now the cloth is taxable under GST from 01-07-2017. can these taxable persons claim central taxes or duties paid on those goods as transitional credit which are held in stock as on 01-07-2017.please discuss
thanking you

Sir,
A Gst registered jewellery business Regular scheme dealer sales of jewellery value rs:1 lacs and hallmark charges collection from customers rs:1000/-
Question:
Dealer sales of jewellery value includes or exclude hallmark charges and tax applicable rate in gst act(3or 18) percentage.