Dear Sir,

we taken Hand loan in cash, we showed in tally,
Now we are refund the amount in cash how show in tally.

Assessment u/s 143 of my client has been completed for the A.Y. 2022-23 but suddenly came to know that 1.5 lakhs was deducted at source and purchase difference was 50 + lakhs which was not declared at the time of return filing. what is the way out. how can it be rectified?

Can we submit rectification request for order passed by commissioner of Income Tax u/s 250?

My Client Purchased Lifetime Membership of a Club in 1995 at Rs. 40,000 which he then sold at Rs. 5,00,000 on March,2023.

I wanted to ask whether this transaction would attract Capital Gain Tax or I should put it under Income from Other Sources?

Also whether Lifetime Membership purchased is Capital Asset under the provisions of Income Tax Act,1961?

Is GST Applicable for Gate entry fee for APMC
is service liable for GST for collection of GATE entry fee for APMC
HSN if yes
PLEASED TO INFORM THAT THERE IS NOT ELEMENT OF PARKING IN IT

please inform if a person dies without will and his property gets transferd to his son but not mentioned in income tax and later on (after few years ) he transfers the property to his son as gift what are the tax compliances?

we are in FMCG field . Some times we will gift our products to our customers and others as free samples , some times as complementary and some time 1+1 offer sales (1 will calculate GST and other will be paid by us). In all the above scenarios we will pay GST . So how to show the above GST payments in GSTR 1 , GSTR 3B , GSTR 9 and GSTR 9C Returns.

Where we have to show this amount in GST R 9 & 9C as well as in Balance sheet.

Hi, I file my income tax under section 44ada
I have some stocks in my demat from March 2020, which are in loss of 80k at the moment.

If I book loss in my stocks, will I be able to set it off against profit from my profession (I am a website developer).

Or I have to carry forward loss?

Any other way to set off this loss with my income?

Hi,
I have a home role on the house which I purchased in 2019. I am thinking of transferring the house to my parents and want to avail HRA on it.
Have a couple of questions:
- If I remain the joint account holder in the home loan account (given I am not the owner now), can I avail HRA on the property?
- I have taken the benefit of home loan in tax deductions earlier, what is the implication of this on that tax saved earlier?

Dear Experts,

If Company A sending material value of goods is Rs.1,50,000 for job work process to Company B, Company B Job work Cost is Rs.10,000/-.

After completion of work Company B send material back to Company A , While sending back which cost will show Delivery Challan Rs.1,50,000 or along with job cost Rs.1,60,000/- or alone job cost of Rs.10,000/-

Then which amount should show in E- Way bill, if I show with material cost Rs.1,50,000/- or Rs.1,60,000/- in E-Ways bill, in future my turnover less than compare E- Way bill data.

Is it acceptable as per the GST norms? If any chances raise queries from GST Department regarding E-Way bill generated value with turnover value.

Please provide detailed clarification.
Regards
Fareed