I used to have sole proprietorship business in my name till FY 2016-17 which i transferred in the name of my wife( she files ITR 4) in FY 2017-18 but the person who used to file my return continues to file ITR 4 though i have only salary and dividend income....,now i want to rectify it ..,,can i directly file ITR 1 in AY 2023-24. Will i receive any kind of notice for that..,,my income shown below 4.5 lakhs ..PLZ HELP ME

Sir
Every year bank deducted TDS , even after submission of form 15H . If it is complained to the Branch Manager , his straight reply " File IT return , you will get refund ". Where Can I complain for wrong deduction of TDS ? Every year I have to pay Rs. 500 /- for submission of IT Return.
With regards ,
Sudhir Saha

Can a Tax Consultant calls himself as Auditor or Internal Auditor?

But definitely i know they should not call them as ' CA".

If in case if they can call themselves as an Auditor or Internal Auditor?

Provided that, he has deep knowledge in Income Tax and GST and all other Laws

Hi,

I am planning on opening an online marketplace where I would have foreign sellers from china list their products for Indian customers on my platform to purchase.


As a platform I would be charging a comission on each sale through my online marketplace.


Do I have to charge 18% tax on my comission or on the selling price as well?



also, as my business grows i plan to open a shop where in I will provide an option to chinese sellers to keep their product on the shevles of my shop for people to come look at and purchase. In this case, will I charge GST on comission of sale or on selling price? As I would only pay them out once its sold.

who is the best tandoor manufacturer in India (bajrangitandoor.co.in)

Hi Sir / Madam,

Please assist with the GST applicability for the case below.
We provide Industrial Testing Services to a company registered in Maharashtra.
The service provider is registered in Tamil Nadu
The place of service is Tamil Nadu.
The product Tested is a huge tank installed in Tamil Nadu.
Please let me know which GST is applicable
IGST or SGST + CGST

1- the contracting company has a fixed location in Maharashtra and is working on a project site in Tamil Nadu.
2-This project will be over in 60 days and the contracting company people will move from TN
3- Contract company people are working inside client's premises

For claiming deduction u/s 54F we have to invest amount in residential House and also hold such property for 3 year but my issue is 3 years is counted from which date from the date of payment or from the the date of possession of Flat.

Dear Experts,
I registered in composition scheme on July 21st 2022 after my turnover crossed 20 Lakhs (Threshold Limit) on 15th July. I filed for Q2, Q3 & Q4 filing for the amount I received after July 21st 2022. Now it is annual return filing period and I confused what to file in my aggregate turnover. since I collected 22 lakhs in the period before registration of GST and 27 lakhs in the period after registration of GST and I paid tax for 27 lakhs during Q2, Q3 & Q4.
Kindly help me what to mention in Annual Aggregate turnover.

Ours is a private limited company having a sales Turnover for the financial year 2022-23 around 2.24 Crores as at 31st March 2023. We are maintaining our books in tally 7.2. We have come to know that our auditors will have to follow rules of auditors trial version. Can someone make me understand in detail the issue of auditors trial version.

I need advise, whether we can pay local payment in USD. Vendor registered in india and purchase invoice will be issued in USD. for contract execution outside india.