Dear Sir
How much is the tax relief in the case of the following scenario ?

Fy 23-24
Gross income-10 lakhs
Deductions-pf 1.5 lakhs and housing loan 1.5 lakhs and standard deduction 50000
Gross total of arrears of fy 22-23 received in fy 23-24-4 lakhs
Deduction of pf from arrears-1 lakh


Fy 22-23
Gross income-7 lakhs
Deductions-1 lakh pf and 50000 standard deduction


Old regime is opted in both the years

In filing of ITR U For AY22-23 My client has tds Rs 8500 as per 26as . But no tax liability. In filing return it will shown sr 4 can not be grater than sr 6i in PARTB ATI how to rectify and file return

HI
EDUCATIONAL TRUST CAN PURCHASE THE SGB [Sovereign Gold Bond]
if purchase the sgb What is the benefit of trust

Respected Sir,
Does it require to get print a Bilty /G.R. Books by a manufacturing firm for his own commercial vehicle
used for his business activities ?
If no then how to get a freight from the vendor who deny to add freight in Invoice and ask separate G.R. copy ?

Sir , As per my AIS Interest is as Rs 5 Lakh (Bank FD 2 Lakh , Post office i 3 lakh ) .

As per IT return it is 3 Lakh ( Bank FD 2 lakh, Post office 1 Lakh) .

Reason of variation is Post office interest shown on accual basis.

Now I have received SMS/Email from Deptt that High Value transaction which does not appear to be in line with IT return .

And they have marked * on FD interesrt to give feed back ..
Option A .Information is correct .
Option B. Information is not fully correct option C information relates to other PAN/year and
Option D information is duplicate

. In this case which option to be selected . They hace not marked on post office interest but marked on Bank interest.
Whether option A to be selected or option C to be selected.

I have uploaded and filed GSTR9C with wrong financial statement, how can Icorrect the mistake ? Is there any fine?if grivance filing what are steps ,please give me a proper answer

RESPECTED SIR
GST REGISTRATION WAS CANCLLED 1 YRS BACK AND CANCELLATION ORDER ISSUED WITH NO LIABLITY . BUT NOW GST REVERSAL NOTICE DRC01 COME AND ITC NOT CLAIM EXCESS DURING FY 18-19. IS NOTICE VALID? PLEASE ADVICE THANKS.....

Dear Experts.

i have filed income tax return for partnership firm. after return processing received intimation 143 (1) with demand due. i will check the intimation, in annexure Profit and loss account "as computed u/s 143 (1) Salary/Remuneration paid to Partners of the firm is 0. So, demand is arise.
what is the problems. please let me know. Thank you

Respected Sir, we have recd. goods in 1st Jan 24 w.r.t. invoice dtd. 26-12-2023 & this invoice will show in our GSTR 2B, but due to non receipt of goods we have to reverse this ITC.

Kindly advise how to reversed & claimed this ITC in 3B.

Regards,

Rakesh Sharma

The Assessee Sold his ancestral land over a period of two years in small lots & constructed three houses over a period of two years.( consumption of capital gain is subsequently applied to construction).

Three (3) combined(Adjoining) plots are purchased & three different Maps are approved in the name of assessee ( as he has three sons he made all three together)

Can the assessee claim exemption U/s 54f for all three houses in two years period.