jaigurudev

PLEASE ADVICE ME HOW TO SHOW CREDIT NOTE IN HSN SUMMARY DETAIL OF GSTR-9
WITH THANKS


Akshit Jain

Legally if there any time limit within which transmission of mutual fund folios of the deceased to the nominee/legal heir should take place. Can the legal heir claim mutual funds in the deceased name 10 years after the demise of the mutual fund holder?


MANJUNATHA M R
01 November 2024 at 12:55

IT Return filed defective u/s 139 (9)

Dear Experts.,
The gross receipts shown in Form 26AS are higher than the total of the receipts shown under all heads of income, on which credit for TDS has been claimed, in the return of income filed. Thus, while credit for TDS is being claimed in the return of income, the corresponding receipts are not fully disclosed in the respective income schedules. Hence, the return of income filed is regarded as defective, as per clause (a) of the Explanation under section 139(9).
I have declared interest income earned from savings bank and FD interest. Apart from this I have Cash Withdrawals of 1144000/- for which TDS deducted u/s 194 N Shall i declare cash withdrawals as income in ITR3 Please guide me. Thanks in Advance.


Daya

what is meaning of merging of expenses or income in accounts or assets or liabilities.


Daya

what is meaning of mismatch of group in accounting.


Akshit Jain

Is interest earned from government bonds/bills invested through the RBI's retail direct platform considered "Income from Other Sources'" like FDs?


Daya
31 October 2024 at 23:55

Is receivable or recoverable same thing

is receivable or recoverable same thing, is current assets.


Daya

interest expenses when to capitalised or charged to profit and loss account.


Daya
31 October 2024 at 23:49

Interest on working capital

whether interest on working capital is capitalised or charged to profit and loss account.


Akshit Jain
31 October 2024 at 23:49

Tax treatment of debt mutual funds

Budget 2024 removed indexation benefits and long-term capital gain benefit for debt funds. Do the changes apply only to the deby funds purchased after March 31, 2023?