I have filed all quarterly returns timely but in last quarter in which i filed return i have received notice for short deduction. however the amt accumulated is of all four quarters. i am confused how to rectify the same. shall i pay total amt with interest and file revised return for Q4 or need to pay individually and revise all 4 returns.

Note: All three returns are processed without defaults

Hi Experts,

The dealer has forgot to claim the Trans-1 credit during the year 2017-18 but the same credit has been claimed in the year 2018-19. Is this claim is within the law ?

Thanks in Advance.

Under One Time Settlement Scheme, Bank has waived 20% of Total Loan Facility provided to a Company. How this has to be Accounted in the Books of the Company and reported in financial statements and which is the applicable accounting standard.

For selling physical shares in a private limited company. SH-4 Form is to be filled up. Please advise

1. What is the rate of share transfer stamp duty for transfer of physical shares.
2. Is rate of stamp duty same all over India
3.Can stamp duty be paid by buying share transfer stamps
4.If yes, from where such share transfer stamps can be purchased.
5. Can share stamps purchased in Delhi be used for transfer of shares of a company having registered office in Mumbai.

DEAR SIR,

ITR FORMS FOR ASS YEAR 2021-22 IS NOTIFIED OR NOT NEW WEBSITE OF INCOME TAX PORTAL NOT CORRECTLY ACCESSED PLEASE GUIDE ME

REGARDS

It assess some money amount and some shares gift to below mentioned persons.
1.some money and some shares gift to wife
2 some money and some shares gift to son in law.
3.some money and some shares gift to own brother.
Question:
It assess above mentioned gift transactions taxable or exempted in it act

Hii Expert,

We have applied Refund on account of Supplies to SEZ unit/ SEZ Developer (with payment of tax) for the period of March 2020, first time department rejected with the reason of incomplete documents & issued memo & suggest file new refund application with proper documents. We have filed new application by 10/06/2021 & now department rejected application of refund with the reason "FROM 01.02.2019 GST REFUND ON ACCOUNT OF SUPPLYTO SEZ WITH PAYMENT OF TAX IS NOT ALLOWED AS PERTHE CENTRAL GOODS AND SERVICES TAX (AMENDMENT)ACT, 2018, DT. 29/08/2018" & issued show cause notice.

Is there any such amendment in sec. 54 of CGST act 2017 ??? We can not avail refund on account of supply to sez with payment of tax. ???

Pls clarify the same.

Thanks in advance.

Mr A is leaving in the lease property paying Rs 2000000 . Can he claim HRA Deduction by providing rent receipts which is of 12% pa of lease amount i.e Rs 240000 which is equivalent to market rent to employer for claiming the HRA Deduction

Dear Experts,

As per recent notification of Income tax department the launched compliance check functionality for Section 206AB & 206CCA of Income Tax Act,1961.

My query is that, on Income tax portal, from where i can get the functionality or from where i found the same?

What is a complete procedure and compliance requirement to change status of director from non-executive to executive?