under income tax belated return filed ,
whether can be revised or Loss can be carried forward.

what is criteria for applicable on RCM on rent.
when it is apply .

is rebate of income tax available for individual
under New regime and old regime for FY 2024-25
what is l;init under both the regime.

One client import of goods for business and paid igst to the custom department alongwith custom duty, now Igst amount reflected in client GSTR-2b , Can we use Igst amount Against our local sale liability (sgst and Cgst) in gstr-3b return?

Hello,

Query: I have purchased a property and we are 2 seller 2 buyer and filled 4 Challans for TDS for both the sellers from both the buyers. Now on first buyer's challan the system did not show aadhaar of the sellers but it showed the aadhaar of the same sellers on the challan of the 2nd buyer TDS form. Although the PAN of both the sellers are Active and linked to their Aadhaar and verified through income tax portal. Can it happen due to system temporary glitch? What shall I do now? Shall I file 26QB rectification and enter the same PAN of the sellers again? Or just leave it as it is and the backend system will pick the linked Aadhaar while updating the details on TRACES?

Anuj Suryan

My wife is not working.. She has got some money from ancestral property and invested in debt funds in 2023dec. Now the debt fund is making capital gains of 8 lakhs.. We are thing to withdraw the money. How much tax should she pay?
If my wife keeps making 8 lakhs from debt fund every year, how much tax does she have to pay considering she is not working.

For debt mutual funds purchased before April 1, 2023,
(A) What is the minimum holding period for the gain to be considered long-term? Is it 24 months or 36 months?
(B) What is the tax rate on LTCG of debt mutual funds? Is it 12.5% without indexation?

The query pertains only to mutual funds bought before April 1, 2023

Hi,

can somebody pls share the Companies Act Excel of FA ...also the seperate sheet for newly added assets for the year...with all the heads like computer & Peripherals, FF, OE etc

Sir, Now finally, the orders, which are subjected to safari, for the F.Y. 2019-2020, which were not appealed against either in the First appeals or Writ court ( but not barred by limitation u/s.107), can we approach the Proper officer to rectify the order or do we have to go to writ court and get the direction to the proper Officer to rectify the order, kindly advise sir.

Sir,

Payments made for purchase or use of softwares like Tally.

Should the said payments be booked under "Royalty" or "Repairs and Maintenance"?