Dear Sir,

I recieved call from GST office regarding my 3B filing dates in FY18-19. It is said that they gonna issue notice and wanted to meet me in office before doing so. he said discrepancy is correct as we did not file 3b on time. Is there any chances I can plea for late fee waive off or to pay late fees in installments. What can i plea for? T

Dear sir
A trust which was registered for exemption of its income u/s 12A of income tax act, since September,1973. ITR7 for A.Y. 2023-24 was filed on the basis of registration dated September,1973. It received a notice u/s 143(1)(a) that no registration detail for exemption found in record for the A.Y. 2023-24, therefore, submit a reply. From A.Y. 2023-24 re-registration for exemption was supposed to be done by filing form 10A, but it did not apply inadvertently on time. Now it applied for A.Y. 2024-25 and it was approved. Now how to apply for exemption filing Form 10A for the A.Y. 2023-24. Or how to request A.O. for exemption for A.Y. 2023-24. Can we write in reply that the assessee could not file form 10A inadvertently for A.Y. 2023-24?

Hello Everyone,
A ltd is providing vehile hire service to B ltd . Diesel used for providing aforesaid service is recovered seperately at actuals ( without GST). Driver salary is paid by service recipient and recovered at actual from A ltd.
Invoice is raised as under
hire charges - 110000
Diesel - 100000
Driver salary - 10000 paid by B ltd

taxable value =100000 (110000-10000 driver salary)
sgst - 9000
cgst - 9000
total - 218000

Is the invoice correct ? if wrong is there any risk to service receiver ?
can department ask service receiver to pay gst if service provider is supposed to pay gst on higher amount ??

Can we claim Unclaimed TDS of FY 2022-23... Income was consider while filing return but forgot to claim TDS
Pls guide...

Whether Foreign Exchange Translation Loss Allowed in Indonesia Income Tax? Please share the relevant act transcript.

IF MR.X IS IN THE BUSINESS OF ITEMS COVERED UNDER CESS HOWEVER IN THE ANNUAL RETURN AS WELL AS GSTR 1 AND 3B MR.X HAS NOT TAKEN CESS IN HIS RETURN
NOW DEPARTMENT HAS ISSUED NOTICE FOR PAYING OUTWARD LIABILITY OF CESS BUT DEPARTMENT HAS NOT CONSIDERED INPUT CREDIT OF CESS ALSO
NOW HOW TO RESPONSE IF WHOLE OUTWARD LIABILITY IS TO PAID OR INPUT CAN BE DEDUCTED FROM SUCH LIABILITY?

Dear Sir / Madam,

Section 54EC of the Income Tax Act says the amount of capital gain should be invested within 6 months from the date of transfer to avail this exemption. My two scenarios are as follow:

Scenario 1 -
Mr. A sold a flat on 21/03/2024. So he can invest the capital gain amount in 54EC-eligible bonds till 20/09/2024.
But since the due date of filing his ITR is 31/07/2024, this investment is required to be done before 31/07/2024. Am I right?

Scenario 2 - Mr. A decides to invest the capital gain amount in the New house property. For resale property, he has a time limit of 2 years after the sale of the old property i.e. up to 20/03/2026 OR he can invest in self-construction or under-construction property till the end of 3 years after the sale of the old property i.e. up to 20/03/2027.
Therefore, he keeps this capital gain amount in the Capital Gains Deposit account scheme. But just before the completion of 2 years, on 01/03/2026 he decided not to invest in new property.
So my query is that: Can he NOW invest this capital gain amount kept in the Capital Gains Deposit Account Scheme (before the completion of 2 years) in 54EC-eligible bonds? or this option is gone and the capital gain not invested would be taxable in 2026?

Please guide.

Thanks & Regards,
Suraj

Hello Experts,
For a Trading Firm having turnover 3.5 crore missed to file GSTR9 for F.Y.2020-21, now on portal late fees is auto calculated showing approx. 1,50,000/- and day by day it is increasing.
and for a Construction Firm with turnover of 10 crore missed to file GSTR9C for F.Y.202-21, so is there any relaxations now to mitigate this late fees burden, any circular/notification/judgement anything which can assist in this situations.

i have used IDFC's first bank Classic Credit card. the limit is maintained low. One day to cancel the railway ticket by opening the IRCTC website, a call from the site asks to tell 16 digit card number and phone no. within a fraction of a second Rs. 30000/- amount is debited. without getting any OTP as well as the approval to increase the limit. called and asked to stop the transaction. and blocked the card. customer care asks to file a cybercrime FIR and submit a copy along with a Dispute form. on the day itself filed the complaint and FIR copy along with their dispute form. they acknowledged and" within 90 days it will be resolved " like the message received. after 30 days they send the statement to pay around rupees 31608.62 and continuously per day around 30 to 40 calls from all over India. making more harassment. today they sent MSG to pay Rs.35144.52.to
all the issues were brought to their Nodal office head. but no response. and it is referred to RBI also. my question is the bank know where the amount has been transferred? if a bank employee makes a wrong entry, then he has approach the other paying bank to collect or with hold the transaction. in my cash why IDFC first bank not to follow the paying bank to recall bank the amount stolen? simply saying it is paid to merchandise. and it is my responsibility to pay. how the bank safeguards the customer. please advise,how i recall the stolen amount from my credit card

A Resident individual holding foreign (USA) company (pvt ltd)'s shares & If he sells the same whether he is liable to tax in USA?