Hello Good Day.

I received an intimation u/s 143(1) in Jan 2024 for my tax return of last year (filed on July 23)

It contains a demand notice of around Rs 25k.

I understood the mistake that I made while filing my returns. I have declared less income in my ITR than the 26AS form. I have under-reported my bank savings income by Rs 3 Lakhs in my ITR Form filing.

Now the notice says that because of "Restriction of TDS based on Rule 37BA", say my ITR income is Rs X, my 26As income is Rs Y and Y > X so I will get less TDS claim because of rule 37BA.

Can you please help and guide me

Can you please help and guide me should i just fill the demand amount as requested which is around Rs25k "OR"

Do I need to file a revised return and declare my correct savings interest income?

"OR "do I need to do both Steps 1 and 2

one commercial property is being let out under RCM basis under GST, in this case whether owner required to obtain GST registration or he may raise the bill without GST

Resolved and deleted.

One company had to make Non resident payment. TDS under sec 195 was paid in 28.2.2015. Since the company was not having liquid resource to make payment, though TDS was paid. Now the company has received the funds during 2023-24, the company wants to make Non resident payment now.
Since the date of payment of TDS is more than 7 years, can it be used to pay off Non resident payment now.
Is there any timelimit for making payment
what are the precautions to be taken for issuing Form 15CB

Sir , i have received notice of asmt 10 due to trans -1 , itc but i have not responded . Officer passed order under drc 07 u/s 73 and 50 one year before . Now i have to pay that can i pay interest and penalty amount by using balance of itc available in my credit ledger.

Mr. A has Uploaded invoice in F.Y. 2019-20 (June & July-19)
But The Actual Invoice is F.Y. 2018-19.
Mr. A has shown late invoice In GSTR-1 & 3B and also buyer party was taken late credit
So Mr. A has liable to pay interest about that ?????

CAN A SECTION 8 COMPANY DO A BUY-BACK THROUGH NORMAL BUY BACK PROVISIONS OF COMPANIES ACT, 2013?
IF NOT, CAN THE COMPANY DO IT AFTER CONVERSION IN PRIVATE COMPANY?
AND WHAT ARE THE WAYS OF CLOSURE OF SECTION 8 COMPANY ?

What's the minimum intraday income to file under ITR-3?

We have received a TDS demand notice for the inoperative PAN of the deductees for the second quarter. Then we informed the deductees, linked the PAN, and filed the revised E-TDS return, but we are still receiving the same notice.
Can anyone kindly guide us on how to address this issue? Thank you in advance.

Dear Sir / Madam,

We received notice from EPFO for payment under section 14B (Damage) & 7Q (Interest).

After many attempt and Discussion we paid the amount as per notice.

Now, They ask payment details with Covering letter.

So, Please give give me a draft covering letter.

Thanks in Advance.