income is 8% and no interest is claimed only elgible salary/remuneration to working partners claimed, in this case can we file ITR without tax audit

what would be the journal entry of short income tax refund received for FY 2022-23.
Please rely with example.

We deliver goods from our suppliers godown to our client ex delivery from our suppliers godown.
Our client gives us vehicle no and on that basis I and my supplier prepares e-way bill.

If my client gives wrong vehicle no then who will suffer for this? One of my client gave two times wrong vehicle no and on my clients information e-way bill and invoices was prepared. What will be our liabilities??

Respected Experts

Kindly let me know can we take ITC on new year diaries which we are giving to our customer. I think it is one type of marketing expenses.

Kindly let me know at the earliest

Hi,

Company's return is filed within due date with the 80JJAA audit report but CA accept the audit report next day after the return filing, and later on CPC sent email for proposed adjustment and disallow the whole benefit of 80JJAA. Can we do anything here?

where may come nigative figure in Profit and loss account and balance sheet.

We sell goods to our customers and make e-way bill as customer direction without checking the vehicle physically.Now if the customer gives wrong vehicle no is it our fault?

Refund of current AY 2023-24 is being adjusted AY 2010-11 without intimation even though there is no tax payable.
There are no proper or timely reply when replied to outstanding demand.
This has been happening with many client

Q1 Can the files dating 12-13 years back be opned
Q2 Asuming that there is no tax payable or demand for previous years how can we recover the adjusted refund. Kindly tell me procedure

Thanks in advance

If Professional person Opts for 44ADA in income tax then in second year of filing of Income Tax Return can he opts out ? In business, person opting 44AD in one year has to follow the same system for next 5 years. Is there any clause like this in professional person ?

I had submitted my FORM 109 (Reason - Family Shifting) after correction on 11 December 2023 and as on 23 December 2023 it is showing "Sent to Competent Authority for Approval" I had first submitted my FORM 109 as on 28 November 2023.

Please help me figure out what to do next and how much long will it take?? Does Competent authority rejects the Form 109??