20-01-2024

1. We have tried several times for doing above. After redirecting by TRACES site for TAN log in, under Contact details, PIN code, Post office, Area, Town, State is not taken . POP up & redirects is enabled, but no result

2. Is there Site problem. We are trying above since yesterday

3. Or alternatively, for filing First TDS return, Now TDS paid challans are not being sent by mail.
If we can get BSR code & Challan no. of the challan paid , then TDS return can be filed with NSDL
Pl help us in getting BSR code & challan no. of payment made for filing TDS returns
Thanks!
CA Laxmi Mittal
Vapi

I want to file GSTR-1 and GSTR-3B with Nil filing for the 3rd quarter of October–December 2023. But it shows the following error message, as follows:
"system has not generated summary of table 5.1 interest of Form GSTR-3B basis your previous period Form GSTR-3B as the same is not filed or interest is not applicable."

Please help me resolve this issue step by step and explain it.
Actually, I did not start the business like sales and purchase at all.

What should be the legal procedure from suppliers end when a export sales return is occurs ? Please suggest.

i am director of a private limited company my question is
1) can my father give loan to company from borrowed funds?
2) he borrowed personal loan from bank and give loan to my company?

When activating DIN OTP not going for NRI DIRECTORS at Hong Kong. How to proceed

My client was making a payment through Agoda travel agent for hotel booking worth Rs 23000.

He got this msg from SBI bank:

*Dear Customer, TDS of INR 2,301.90 deducted in account no XXXXX629200 on account of cash withdrawals under section 194N of Income Tax Act-SBI*

He contacted Bank inquiring about the same. Bank said it will show as TDS in your account however it is TCS deducted by bank. It is understood that this is tcs on foreign remittance. But still it does not match with the rules as according to rules tcs is 5% below 7 lakh remittance and 20% above it. And my client has not exceeded the limit. However once he had converted 4 lakh rupee to dollar but it was not used and again recoverted to rupee.

How can we challenge this in income tax dept. Pls guide

This pertains to my IT return for AY 21-22. I had filed the ITR return within due date (i.e. before 31st Dec 2021). The Due Tax payment (self-assessment Tax) of about INR 2 Lacs was paid within 4 days of the filing of Tax. I also paid interest of around 7000/-, as was showing in the Income Tax system, though no interest should have been applicable

Please let know whether I can file:

1) Rectification to update my challan for payment of INR 2 Lacs: -
I was told that last date of filing rectification was 31st Dec 2023, for AY21-22. Can you please confirm whether I can file rectification. In this case I am getting Tax due of around 35,000/-, as system is not capturing date of my challan payment of INR 2 Lacs and calculating interest for delay. Actually, no interest should be applicable.

2) Updated return under 139 (8A):-

In this case, I am getting marginal refund of around 6500/- (nearly same as the interest amount I had paid), but since refund is not allowed under 139 (8A), I have to manually make it zero, before system allows the filing.

Please confirm whether 1) or 2) is the right way to proceed.

We do business of Printing And Graphics, We have the following query

1- Drafting topics related to nursing and medical courses provided by the buyer.
2- We make and supply the book along with the goods material and printing, as per drafting provided by the buyer
3- We have written HSN 4820 (12%) in the sales bill
If any Experts have AAR Or Notification that such goods fall in 4820 (12%), Please provide to us,

in fy 17-18 in aug entered tax on outward supply 50000 CGST 5000 SGST ( diff 50000-5000=45000) in 3B , in dec-18 45000 should be increase in SGST outward supply but wrongly 45000 sgst less in input hence there was no any tax payable , but now gst dept issue notice for difference between gstr 1 cgst 50000 3b 5000. ( at the 1st time 3b introduce for 3 month and after that they increase 6 month, 3b was not permanent return & itc set off through 3 not 3b , & itc mechanism as law was not apply as yet ) can dept disallow itc 45000/- ?

Hello Experts,

I would need your advise on below query.

-ABC co. has no working capital and unable to buy computers / Other Fixed Assets in India.

-XYZ co. being foreign holding company of ABC co. desires to pay the amount directly out of foreign country.

Can ABC Co. recognize as assets?

Pl advise if that is possible or if there are any legal/tax implications.

Note: ABC Startup company and holding company is paid amount directly to vendor for computers