Whether company has to show in its accounts for the rent as rent receivable for the rent amount not received from the Government . In such case Company is liable to pay tax for non receipt of rent during the year. What will be the alternative?

Respected Colleagues,
If Mother sold the residential property and same proceeds invested again in residential property but in the name of her children (Registry in the name of Children), then Is she eligible to claim Sec 54 Exemption in ITR?

Under the Factories Act, the provision of a canteen facility for employees is not mandatory. That's why we do not collect input on the catering bill. However, we do purchase sugar and tea powder to provide tea for employees. In the case of quarters, we cook food and provide it to the employees staying there. In this last scenario, we can claim Input Tax Credit (ITC).Is we can claimITC or Not ?

Hello,

Today, I received Form-16 form previous employer. While leaving my previous employer I have to pay a total of Rs 9,58,734/= ( 3,00,000 (joining Bonus - paid in 2024) + 6,58,734 notice period recovery). In form-16 the recovered amount is not reflected.

Do I have to pay tax for 9,58,734/= also. Is there a provision in IT act to claim refund for the same?

Regards,
Akash

If the sample sale to a customer outside India is less than 5 kg, what are the compliance requirements regarding FEMA and GST? If come under the angle of 194R (TDS)

Dear All,

We are participating in a tender as a consortium A & B, B will claim a portion of their software price as part of material supply. A sample of the line items, the total invoice amount for each line item, and the share of A and B are listed. In the absence of any line item for Software supply for Gates, how would B invoice their share of the amount against the material supply?

We have multiple branches all over India under same pan. We imported material at JNPT port in Maharashtra & same is dispatch to our another branch in Rajasthan, Gujrat, Haryana.
For above import we engage one insurance surveyor.
Insurance surveyor raise his invoice on maharashtra location.
Input on insurance surveyor invoice is require to distribute among distinct person through ISD.
Please advoice.

Hi! I am buying a property more than 50L so I have to pay TDS. I filled 26QB in which I selected installment(By mistake instead of selecting lumpsum) and also selected last installment : Yes. also mentioned total amount paid in previous installments. paid TDS on total amount (Challan generated for total amount) But now 16B generated and showing only last instalment amount and also in the sellers 26AS only last installment amount's 1% amount is showing as TDS credit. How can I rectify ?

Dear Sir,

We have done some repair and mainteance work ( labour charges) invoice value Rs. 233100/- in swrvices labour case eway bill prepare or note

Kindly suggest

For AY 2021-22
1) Notice u/s 148A(1) received on 28.03.2025.
2) Reply to above notice to be furnished by 11.04.2025. Reply submitted on 08.04.2025.
3) Order u/s 148A(3) received on 28.06.2025 saying fit case for 148.
4) Notice u/s 148 received on 28.06.2025

Whether the notice u/s 148 dtd 28.06.2025 is within time prescribed