There is a change in my surname and the same has been updated in PAN but im unable to update in ARCA login, can you let me know how I Can update my name in ARCA login.

I request all the experts to provide their valuable feedback on the following issue:

Whether compensation received through acquisition of land by government (Direct purchase through agreement) is taxable or exempt from Capital Gain. When land acquisition is done through Land Acquisition Act, 2013 (Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013) then there will be no capital gain. There is no ambiguity in this case. But when land is not acquired under this law but through direct agreement then what will be the taxability.

Sir,
It assessess remenuration from partnership firm rs:8 lacs and interest payments rs:9 lacs loss rs:1 lacs
Professional income for individual status rs:12 lacs profit declared rs:6 lacs .
Question:
Assessess loss rs:1 lacs adjustment professional income allowed in it act

Dear Sir,

One of our society and section 8 company wants to give loan to another society and on that loan, interest would also be charge by them. My query is whether section 8 and society can give loan to another society and would charge interest thereon as purpose of the society and section 8 company was formed for a charitable purpose. Whether chargeable interest would be considered as his non charitable income or business income.. Is society and section 8 company can charge interest on the loan and would earn interest as income.. Requested to present your views..

sir,
If female assessee gold jewellery value rs:15 lacs exchange to another female assessee(sister) after another female assessee silver articles value rs:16 lacs exchange to sister.
Query:
Above mentioned exchange transactions two sisters capital gain tax applicable or not applicable in it act.

In FY-2021-22 March monthly, credit note issue than the output tax in sales, i.e. because the input is more due to sales returns, zero output tax has been shown due to taking negative balance in GSTR3B. The difference between GSTR1 output tax and GSTR3B output tax is received. Negative balance as per GSTR3B.

FY 2021-22 GSTR9 Return Table Part V S.No . 11 the tax amount to be adjusted to the input credit note balance is shown with a negative balance.

In FY 2022-23 April monthly, balance input amount has been reduced from out tax to credit mouth and paid. The difference between GSTR1 output tax and GSTR3B output tax is received. Positive balance as per GSTR3B. But how and where to show the FY 2022-23 GSTR9 Return?

We are preparing e-way bill for goods transport from port to warehouse.In e-way bill under value/ taxable value shall we include customs duty and cess or shall we fill assessed value as per customs.please clarify?

One of my client has invested Rs. 50,000/- IN NPS Tier 1 Account during FY 2022-23 and has also invested Rs. 1,50,000/-in PPF/NSC/LIC etc. How much maximum deduction, he is allowed U/S.80C/80CCC/80/CCE etc. ? 1,50,000/- or 2.00,000/-

We have deducted TDS U/s 194 C @ 1% on 30.09.2023 and filed TDs Return in Oct, 2023 after verification of PAN - Aadhaar Link but later on Dept. issue default summary for Short Deduction for Inoperative PAN due to linking of PAN- Aadhaar after 30.06.2023.

Now my Quarry,
1. If for Dedutee Link Pan Aadhar after 30.06.2023 and pay penalty but before our Deduction even after deptt. can raise default for Inoperative PAN
2. If we Deposit short TDS with Interest than the dedutee can claim TDS on higher rate in his/her income tax return or not?

please reply

Dear Experts,

A registered jeweler purchase old gold ornaments worth Rs. 50,000/- from his customer (Unregistered) and in exchange of that sale new gold ornaments worth Rs. 1,00,000/- to the same customer. Then on which value GST shall be collected on Rs. 50,000/- or on Rs. 1,00,000/- for this transaction.

Jeweler will receive only Rs. 50,000/- in cash/bank and the rest Rs. 50,000/- in form of old gold.

Thanking You
Nirmal Dave