A piece of diverted land was sold and sale deed was registered wherein it is mentioned that the payment will be made in three instalments and accordingly post dated cheques were issued . First instalment cheque was cleared and other two instalment cheques got bounced . Based on the registered sale deed the purchaser got his name entered in the land records

What remedies are available to the seller against the purchaser. Please guide. Thanks

There is new column inserted "Grossing up indicator" in new TDS return template of Form 27Q for FY 2023-24. Please explain when to mark it "Yes" and when "No"?

Also, please explain whether we need to fill any such information while filing Form 15CB? Currently there is an option namely "In case the remittance is net of taxes, whether tax payable has been grossed up (Yes/No)". Is there any relation of this point to "Grossing up indicator" in Form 27Q.

Cooperative society which are subject to audit as per Cooperative Act can submit return after 31/07/2023 to claim deduction u/s 80P(2)(a)(i) of the IT Act if Turnover is not subject to tax audit. Audit report of the cooperative Act cannot be uploaded for want of provision in IT portal.

Donations received by cash more than 2000/- from each person can be used for application of income otherwise taxable in the case of society registered u/s 12AB
Whether such receipt as a income which can be set of against expenditure by filing return of income in ITR-5

I have filed a return on 31.07.2023 and e verify it on 12.09.2023 . It dept. Sent notice u/s 143(1) outstanding demand of rs 1000 sec 234f . Is it correct?

Is it required to fill a form SCHEDULE IX-D, If the Trust doesn't have Registration No. u/s 12AA of Income Tax Act (43 of 1961)..??

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Interest on Capital to partner should authorize by partnership deed to pay interest to partner or we can pay @12% P.A. even if it is not mentioned in Partnership Deed.

I am in third year of articleship and i am on exam leave as my exam is due in Nov 23 and my principle want to surrender it's COP.

A private limited company formed on 1st sept 2022. Total authorised capital is 10 lakhs and subscribed capital is 10 lakhs. Out of which 5 lakhs was received before March 31st 2023. But 5 lakhs received on 1st jully 2023 and for 20A filed accordingly. How to treat this situation in balance sheet of 2023

I am facing a problem which I am going to explain here with example -
We raised a bill for Rs. 10,00,000/- in March 2022, filed it in the GSTR-1 of March 2022, accordingly filed our ITR for FY 2021-22 with turnover Rs. 10,00,000/-. We have not received the amount within March 2022 and hence that amount shown as sundry debtors in the balance sheet of FY 2021-22. Debtor paid the amount to us in May 2022 and deduct TDS for Rs. 10000/- on it. But the problem is that we don't have any turnover for FY 2022-23, we filed nil GST returns for the year 2022-23. Now when we are preparing of IT file for FY 2022-23 our turnover as per GST is Nil whether as pre 26AS our turnover in Rs. 10,00,000/- which we have already filed in our previous year ITR as it relate to that year. Now if we file file our ITR for FY 22-23 with Nil turnover then is there any possibility that IT department make our return as defective return or serve us notice. Please suggest how to deal with this situation.