Sir,

In FY 2012-13, TDS deducted and deposited against wrong PAN, hence TDS credit is not showing in correct PAN number i.e. in 26 AS.

Now counter party demands to correct this issue.

Please help, what can we do now...?....Can it be rectify now ?.. so that TDS credit will show in correct PAN ( 26 AS).


Thanks in Advance.

PROPERTY-bought in 1969.sold in 2015. indexation benefit for 1981availing. In cost of improvement ,claims made for 1985-86 for improving stairs. 1996-97 for additions when husband retired & vacated govt. accomodation,in 2007-2008 when property letted out to multinational & lift (structure only)&7 toilets provided. EXPENDITURE OF COST OF IMPROVEMENT BY WITHDRAWALSIN BANK ACCOUNT.NO OTHER DOCUMENTS AVAILABLE AS DURING SHIFTINGS NOT PRESERVED ,as it was never presumed that property will be sold sometimes in future May I HAVE CITATIONS/YOUR VALUED VIEW FOR ACCEPTING BANK WITHDRAWALS FOR COST OF IMPROVEMENT. undertaking for this can be given sushila p nawalkha

CAN ANYBODY SUGGEST THE PROCEDURE FOR TAKEOVER OF PARTNERSHIP FIRM BY AN EXISTING PRIVATE LIMITED COMPANY AND FORMS TO BE FILED WITH MCA IN THIS REGARD.

Background: I had withdrawn cash for renovation of my new flat (purchased in Jan'2015 for 1.25Cr) to the tune of ~19L-20L in FY2014-15, and FY2015-16 and gave to my cousin sister for spending on renovation, decoration, repair, furniture,labor etc. as I would be away on tours. It was our family matter and internal arrangement. I have paid taxes in the same FYs as well.
In year 2015 in August, ACB raided house of my cousin and confiscated my 19L from her house. I claimed the same in the court and demonstrated how money was withdrawn. I was NRI for 18+year since 1992 until 2010 and had substantial savings. And was earnig ~4-5L/pm on return to India as Consultant. Court passed order in my favor, and ACB had to reluctantly return my 19L with interest thereon.
Now after four month of order, ACB issuing letter asking me to furnish details of Tax filed with balance sheet to reflect if I had informed ITD about 19L given to my cousin sister for renovation works. For this draw-out of 19L, (actually more cash been drawn for various spending), it is taken in account by my CA already, but not specifically mentioning this aspect that such and such amount is meant for renovations works. I earn ~60L/pa in India.
My Query: Am I under any legal obligation to inform anybody as to how I am spending my cash, whom I have given for what purpose etc. since I am paying taxes on that cash amount as well, that is to say, also paying on my whole year salary TDS/Service taxes etc. as well.
Thankx in advance.
Regards,

does composition taxable person liable to pay tax 1% on nil rated good also??

Respected Expert,
Please, Advice on following issues,
As I asked a question on this nice platform before regarding transfer of 10 Lacks to my house loan account from my father.
Regarding to above transfer, My Lender Bank provides me provisional interest certificate with the amount that I deposited through of my EMI (2,52,000/-) only. Now my query is that 1) Is it okay to show the only amount deposited through EMI, OR, TO show the whole amount i.e. 2,52,000+10,00,000=12,52,000/-, that is not shown by my bank; while filling online return.

Hello, self got a loan of 30 lacs for purchase of a flat and was cleared by SBI in Oct 15. House was under-construction and got completed in Dec 17. Hence after receiving the possession letter in jan 18, I filed the ITR in mar 18 for refund. Query for above is that for 17-18, I have received tax refund, but for years 15-16 and 16-17 can I ask for tax refund. If yes then how. As max limit is 60000/- that for each year m eligible. So should I forget the tax rebate of previous years for which I have paid the loan but not filed the ITR due to possession letter.
Thank you
Regards

If the principal manufacturer send goods to jobworker for further processing through delivery challan during the quarter and receive back the goods from jobworker in next quarter, then how will this matter to be reported in filing  of GST ITC-04.

As, In next quarter recd back from jobworker, the original challan issued in previous quarter was not shown while filing

Can a company with the object of hospitality is eligible for itc on the invoices issued by chartered accounts of consultancy

Dear Members,
One of my client received Notice U/s 139(9) for Defective return for AY 2018-19 with an error code 332 : Tax Payer has shown gross Receipt or income under the head " PGBP" more than Rs1 Crore; However, Part A of the Profit & Loss Account and/or Balance Sheet have not been filed and the books of accounts have not been audited'.

But we have already submitted the return with complete Balance sheet and Profit and loss detail. I have rechecked the xml and even the final pdf file downloaded from the e-filing portal. Even in Part A general complete audit u/s 44ab details are filled properly. we have copy of final 3cd and acknowledgement downloaded from e-filing portal but still we have received the notice.

Notice shows following probable resolution - "Please fill the Part A of Schedule Profit and Loss A/c and Balance Sheet details and also provide details of audit report obtained u/s 44AB in Part A – General."
But the above mentioned details are already filled.

It seems by mistake the notice has been sent to us. Kindly guide what should be done , or what else should we check.