Sir

I am regular Filed ITR-4 income from business even proper books of accounts mainted. But in fY 2022-23 i have income from capital gain so while filling ITR-3 under section 44AD i have to select YES OR no. ( are you liable to maintain books of account under section 44AA)

Please advise

GOOD DAY ALL.

MY query is even after filing the IT returns b4 july 31st, refund is not credited till now inspite of 143(1) intimation was received thro mail by taxpayers.

can grievence be raised in portal regarding refund issue.

pls provide a valuable suggestion.

thanks

goodday

Rama.

CAN WE REVERSE EXCESS ITC CLAIMED OF 2017-2018 THROUGH DRC 03

CAN WE PAY IT THROUGH ITC AVAILABLE IN CREDIT LEDGER.

Dear Sir,
We are filed the TDS Return for 26Q and in that return one company pan number is given instead of another company. While changing pan number in TDS Return in online TDS portal Pan correction option is not available only Challan correction, add challan to statement and pay 220I LP, LD, Interest option is there. TDS traces portal is not showing PAN Correction . How we can change to Correct pan in online.

Thanks in advance,
Regards,
Bheema Reddy.

Is it possible to get a basic pay of Rs.26150/- in 6th pay with Grade pay Rs.4200/-

I am a retailer and deals in sale of exempted supply for which i made exempted purchase but i received notice from department asking to reverse itc what to do how to give them reply is there any format to reply if any one have please provide me the format

Dear Experts

The differnce of ITC claimed in 3B and ITC Break up is equal to ITC reversed in 3B under table 4 B(1 & 2), as we claimed the ITC in Table 4 A(5) as auto populated figure + ITC reveres in previous month under table 4b (2)

In this situation what is the best solution to fill the Table 6 of GSTR-9.

thanks in advance for early reply

Even if the invoice is in the month of February for FY 2021-22, ITC in GSTR 2B is Rs. 8,450/ was not taken as ITC should not be taken as it was not received. That ITC FY 2022-23 in the month of April 2B Rs. 8,450/ so we claimed input.

FY 2021-22 Annual Return 9 Part III S.No.8C in Rs. 8,450/ shown as less ITC claimed. That means lower ITC is shown in 3B than ITC in 8A/2A.

But in FY 2022-23 Annual Return 9 Part III S.No.8C Rs. 8,450/ shows a negative balance. In this, if there is a negative balance, notices are coming from the department to make payment.

Can you kindly tell me what is the solution?

Bed costing 60 riyal (RS. 1320) Purchase to staff accommodation provided by company itself (on rent) for new staff. How is the accounting treatment of the same.

Suppose Mr. A have given his money to his friend Mr. B for ipo application on codition that Mr. B will return entire sale proceed to Mr A after deducting some commission, then capital gain is taxable in whose hands? and if capital gain is taxble in Mr B's hand then does the sale proceed received by Mr A is taxable or expemt ?