Sir,

My CTC is 14 lakh. I use the meal card option which is 26,000 Rs deducted annually from my salary and 60,000 LTA which is also deducted from my salary. After deducting PF, meal card and LTA, my taxable income is around 12,31,000 which less than the taxable income of 12,75,000 as per the new tax regime so I am hoping there will be no tax deducted.

But my question is what happens when I get the 60,000 at the end of the year if I don't claim LTA and then my taxable income becomes 12,91,000. Does this mean I have to pay tax on the full amount?

I pay a rent of 25,000 every month but I don't have the owner's PAN to claim HRA so in this case, which tax regime do you suggest? I don't have any other investments.

Thanks for your help.

Sir,
A person rs:40 lacs od loan from union bank of india and bank manager monthly stock statement asked
Question:
A person how much stock value show in bank stock statement monthly report

HELLO EXPERTS, A PRINTING PRESS IS UNDER COMPOSITION SCHEME IN GST. WHAT WILL BE GST RATE WHEN CONDITION 1 ONLY JOB WORK IS DONE. CONDITION 2 GST RATE WHEN JOB WORK DONE WITH SOME MATERIAL IS USED OR MIXED SUPPLY MADE. LEARNED EXPERTS OPINIONS ARE SOUGHT WITH DETAILS. REGARDS

SIR
MR A. 140-A TAX PAID FOR WRONGLY IN PAN NUMER AS ON 30.07.024 FOR THE ASST-YEAR 20240-25. THROUNG FOR HIS SB A/C . HOW THIS CHALLAN ERRO RETIFICATION AND RECOVER THIS AMOUNT FROM THE PAN HOLDER . MR A LEVING IN MADURAI AND HIS WARD IS 1 (7) BUT HE PAID WRONGLY PAN HOLDE IS LEVING IN RAJASTHAN.
THANKS

1. Monthly Retainership services for Accounts, bookkeepiong, Taxation consultancy and Advisory -
2. Company incorporation services
3. GST REgistration services
4. Management Consultancy
5. DSC support services (assisting in getting DSC generated by the vendor)
6. other secretarial services like ROC forms, DIN services etc.
7. Certification Services
8. Fema and RBI Compliance services

Dear Sirs : One of my client (private limited company) crossed net profit of five crores for financial year ending 31-03-2024. Three years CSR fund at 2 % of average profit for 21-22 , 22-23, 23-24 comes to Rs.7 lakhs. No provisions for CSR funds is made for year ending 31-03-2024. Kindly help me by providing a rule / circular that states that : CSR fund of Rs.7 lakhs to be applicable and to be consumed after 01-04-2024 ... Regards

How to make deduction for professional tax from employees salaries, if actual earnings are below earnings as per CTC, how to decide on slab then every month?

We have one pan based multiple unit / branches all over in India.
We have purchased goods from gujrat state and send same goods to all over India branches, along with gujrat branch.
But transporter raise his transport invoice in favour of our Gujrat state unit. Hence all gst input we taken credited in Gujrat location.
But from 01/04/2025 ISD mandatory. So, availing gst input credit above existing method shall we continue or credit transfer via ISD or cross charges.
2) from 01/04/25 when ISD and cross charges method apply.
You are requested please guide

Nil Refund application for the period October 23 To December 24 was filed by mistake. Actually there is refund due

Now we are again filing RFD 01 by selecting "Any Other Option" under refund application

My question is
Now the refund can be filed for full period Oct 23 to Dec 24 or needs to be filed financial year wise i.e. one for Oct 23 to March 24 and second for Apr 24 to Dec 24

Hello All,

We maintain inventory in all 4 branches,

However Spares are maintained at our Noida br.and supply to customers of all branches.

In this case the billing We do for eg for mumbai customer is as below
Bill to our Mumbai br and ship to Mumbai customer
And Bill to customer from mumbai Br and despatch from Noida.

We think eway bill is prepared from mumbai so that sales price is reflected in way bill

Is this correct