Hi Team,
I got message from CP for high value transaction on saving and deposit amount for assessment year 20-21. I responded in CP portal with information correctal and also I paid revised amount of tax calculated 25500 inr , in order to fill revised ITR for financial year 19-20 but at the end I am not able to submit as it says due date is over. I have challan number but I can not even see this under 26AS form and also not able to submit revised itr. Please suggest

Respected Experts,

1) One of our clients has issued E-invoice by mentioning 4 digit HSN.
2) One of our clients has issued Tax Invoice by mentioning 4 digit HSN (Turnover above 5Cr.)

In the above case, what we do? Also request you to kindly guide what course of action to be done?

Waiting for a valuable reply.

Regards,

Rakesh Sharma

Whether TDS u/s 195 is applicable on Reinsurance premium remitted by domestic broker company to Foreign insurance companies ?
Foreign companies have an Establishment in india.

Hi sir/Madam

I have one query regarding TDS Payable on Rent, From 3 years our company not yet paid TDS on Rent, we ready to pay now TDS to Income Tax Dept. with a penalty which is applicable from IT Dept. & now my question is should I record Journal Entries for TDS Payables on Rent

Thanks in Advance

In our Pvt Ltd co. directors are Husband & Wife, and both of them has given loan to Company, on the death of Director (Madam) we have transferred her loan to Director (Sir) account in the books of company.

Now, what will the accounting entry in the books of Directors and under which head ledger to be created

under wich section Tds will be deducte if car taken on rent by the company

I am filing monthly ECR and make payment on 15th of every month. what are the other PF return i need to file as employer.

what are the ESI return i need to file

Hi,

My personal 80C limit is completely exhausted through Insurance premiums, ELSS, and Child's education. I have recently created a HUF that does not have much capital. I am currently trying to create stream of capital in HUF.

I wanted to know if HUF can deposit money in my PPF account to get 1.5L rebate. Since HUF does not have any significant capital source right now , can I gift money to HUF (1.5L) as a Karta . Since PPF is EEE , there should be no tax liability on me through clubbing provision.

Is this process correct in the eyes of income tax or does it invite any legal issue ?

Regards,
Mohit

To verify my PAN details through the e-filing site, I have entered my name as shown in the PAN details in my profile account on the site. But the error message, PAN is active but details not matching with the database is popup every time. Because of this, I can't change the authorised signatory on the GST portal. Please tell me how I can find, in which order the name is entered in the database.

Antony Kaitharath

Meaning or full form of PÀAO status in transaction in IEPF 5