IN ITR3 WHICH SECTION PARTNERS REMUNARATION MENTIONED ?

We have an old HUF file established back 1985. The current difficulties consist of the following challenges:

a) We are unable to locate a copy of the original or a duplicate HUF deed.
b) The HUF is registered under the name "Sourabh Kumar Agarwalla HUF," while all official documents and identification of the Karta bear the name "Sourabh Kumar Goyal."

Given this situation, we are unable to fulfill KYC requirements when mandated by any institute. To address this issue, we seek guidance on how to rectify these discrepancies. Additionally, we wish to include a correspondence address in a different state, distinct from the permanent address.

how to reply drc-01 in gst portal??

WHICH ITR IS APPLICABLE FOR PARTNER'S RETURN FILLING ?

Co has purchased property from NRI...my question is whether to deposit TDS through challan 281 and section 195 and Form 27Q is to be filed? Am i right? or normal form 26qb is to be filed

2000 Shares of ABC Company bought in Aug-2017 for Rs 88 per share, was split/ subdivided in Dec-2019, 10 times and it became 20000 shares. Today the share price is Rs 32 per share. If I sell 1000 shares now how will I calculate the gain - what share rate will I take for Cost of Acquisiton (CoA). Can I follow FIFO and take the CoA as 1000x88 = 88000 and Sale Value being 1000x32 = 32000 and proceed? And continue to follow FIFO for future sale. The 1st 2000 shares will have a rate of Rs 88/share for CoA and beyond that the CoA will be zero.

Hi
I have cleared CA Final Group 1 under old scheme in May 2016.

I want to appear in May 2024 for CA final group 2.

I want to confirm that if I apply for conversion now will I need to appear for Group 1 again?

Please clarify. I am rejoining after too long gap.

Thank you

SIR
MR X FIRM SOLD OLD MACHINERY RS.10.62,000- WITH GST RATE OF 18% AS ON 22.10.222( SALES VALUE RS 9,00,000 AND GST RS.1,62,000/- THE MACHINERY BOOK VALUE AS ON 01.4.2022 RS. 10,50,000/-. THE SAME MACHINERY PURCHASES AS ON 15.09.2020 RS.16,00,000 WITH GST..DIFF VALUE RS. 150,000/- AND LOSS OF CHARGED IN PL A/C OR TR TO PARTNER CAPITAL A/C
THANKS

In FY 2022-23, I receieved around 33L as income from professionsl services from two vendors, but I have not registered for GST, below are the tax details. Vendor1 paid 13L, I did not provide any invoice, vendor2 paid 20L I provided invoice and it was reverse charge machanism. Both vendors deducted TDS under 194JB. Will I get GST notice, if I get how to proceed please advise.

Update: I have not registed for GST eventhough threshold of 20L reached, only difference is GST is being paid by buyer on reverse charge basis, what are the chances of getting GST notice and how to avoid one.

Dear Experts,

I have made debit sale of Rs. 3,50,000/- on 20.09.2023 to a person against which I purchased old goods worth Rs. 50,000/- from him. He paid remaining Rs. 1,50,000/- in cash and Rs. 1,50,000/- through NEFT on 24.09.2023 and thus on 24.09.2023 his account is settled in my books of accounts.

Now can I again sale him goods worth Rs. 75,000/- on 02/10/2023 and received cash against the same bill?

Thanking You
Nirmal Dave