https://www.caclubindia.com/experts/ https://www.caclubindia.com/ https://www.caclubindia.com/experts/registration-of-educational-institution-u-s-12a-2962389.asp Mon, 17 Aug 2026 18:18:36 GMT Now is it mandatory to obtain registration U/s 12A of IT Act to Education society. So far it was claiming exemption U/s 10(23C)]]> 79197 https://www.caclubindia.com/experts/tds-retunr-statement-status-2962329.asp Mon, 17 Aug 2026 18:10:39 GMT We are filed TDS Return for the tax year 2026-27 for Q1, at date 23-07-26, and We have received Confirmation mail date on 25-07-2026 Your TDS Statement for the tax year 2026-27 Q1, has been processed without default , We have download tds Certificate Shown the message Your Statement Status pending process)

However, we are still facing the same issue, and the problem(TDS Return Statement Status pending Process ) has not yet been resolved. We contacted the CPC-TDS Helpdesk through the toll-free number three to four times. The Helpdesk team advised us to contact contactus@tdscpc.gov.in by email.

Accordingly, we contacted them, and an issue was successfully registered on the TRACES Portal. The Service Request Number (SRN) provided to us is CUM1308202600648.

However, despite raising the complaint and following up with the concerned Helpdesk, the issue is still unresolved.]]> 1317700 https://www.caclubindia.com/experts/gst-applicability-on-shipping-charges--2962379.asp Mon, 17 Aug 2026 18:10:37 GMT
If an invoice has products taxable at different rates i.e. 5% and 18% GST, and suppose Rs 5,000 shipping/delivery charges (GST-inclusive) are charged, with shipping being incidental to the sale:

1. Should Rs 5,000 be shown separately or included in the taxable value of goods?
2. If included, how should it be allocated between 5% and 18% supplies?
3. If not included and we are showing it as a separate line item on invoice, then what GST rate & HSN we can charge for shipping?
4. What is the practically preferred way to show shipping charges in the invoice/HSN tax summary?
]]> 996891 https://www.caclubindia.com/experts/incidence-of-tax-tda--2962384.asp Mon, 17 Aug 2026 18:10:17 GMT We have our own WATER TANKERS. We purchase the water from tubewell owners and supply to various housing societies and Industries as well. Some of our customers deduct TDS U/S 194 c from our bill. Is this correct i e they are rightly deducting TDS from our Bill. Pl advice

Ashok Khandelwal ]]> 1154184 https://www.caclubindia.com/experts/itr-3-how-to-show-loss-in-65-i-iii-under-under-part-a-p-l-section-and-sub-section-65--2962374.asp Sun, 16 Aug 2026 20:20:04 GMT I have chosen 65(i) - (iii) under under Part A - P & L section and sub section 65 which is meant for those who do not wish to maintain books.
So my question is how to fill 65(i) - (iii) if I have loss instead of profit.
The 65(ii) is actually saying profit. So do I have to enter negative number here or leave it zero.
If it is zero then what to do with expenses in 65(iii)? ]]> 1872868 https://www.caclubindia.com/experts/filling-itr-for-fy-2024-25-2962369.asp Sun, 16 Aug 2026 15:36:32 GMT I have received commission Rs. 790000 and 2℅ tds deducted.
Can iI file ITR now ]]> 1256082 https://www.caclubindia.com/experts/sales-of-goods-of-amount-rs77-lakhs-to-a-party-2962364.asp Sat, 15 Aug 2026 13:19:55 GMT 790011 https://www.caclubindia.com/experts/fresh-fruit-juice-exemption-under-gst-2962359.asp Sat, 15 Aug 2026 09:39:55 GMT 174979 https://www.caclubindia.com/experts/automatic-mis-from-tally-erp-2962354.asp Fri, 14 Aug 2026 22:17:44 GMT
I want to prepare automatic MIS from Tally

Is there any good AI tool available or any automated method?]]> 60645 https://www.caclubindia.com/experts/schedule-dpm-under-44ada-no-account-casr-2962349.asp Fri, 14 Aug 2026 20:17:35 GMT I file ITR-3 under Section 44ADA (presumptive taxation, no books maintained). I have documented WDV figures from audited books in prior years.
This year, from a 15% depreciation block:
Some assets opening WDV ₹8lakh were sold for ₹4lalkh received in account
Remaining assets in the same block were taken for personal use at FMV = WDV (no gain/loss)
The entire block now ceases to exist
This results in a short-term capital loss of ₹4lakh under Section 50.
Question: Since Schedule DPM (and the full Part A-BS balance sheet) seems to require books of account, and I don't maintain books under 44ADA, is it acceptable to report this loss directly under Schedule CG, Item 6 (sale consideration ₹4,00,000, cost of acquisition ₹8,00,000) — instead of routing it through Schedule DPM → DCG → CG?
Is this a defensible, accepted approach for a no-books 44ADA filer, or does it risk being questioned since Section 50/block-of-assets treatment is normally expected to go through DPM?]]> 4343148 https://www.caclubindia.com/experts/tax-aaplicable-to-supply-of-fresh-fruit-jiuce-2962344.asp Fri, 14 Aug 2026 09:18:53 GMT ]]> 174979 https://www.caclubindia.com/experts/eligibility-of-deduction-under-80jjaa-2962339.asp Thu, 13 Aug 2026 23:36:56 GMT Is wages paid for one month eligible for deduction under 80JJAA

Here Employed means
1. Physically work or leave on paid
2. Only Registered in mastered Roll

Please Clear the concept
]]> 2522191 https://www.caclubindia.com/experts/tds-on-purchase-of-property-from-nri-seller-2962334.asp Thu, 13 Aug 2026 18:40:50 GMT
Please clarify under the new Income-tax Act, 2025:

Which section is applicable for TDS deduction?
What is the applicable TDS rate, including surcharge and cess, if any?
What is the relevant TDS code/section code for depositing TDS?
Is TDS applicable on the entire sale consideration or capital gain?
What are the applicable forms and compliance requirements for the buyer?

Please provide the applicable provisions for FY 2026-27.]]> 174979 https://www.caclubindia.com/experts/rejection-of-application-u-s-119-2-b-by-pcit-2962324.asp Thu, 13 Aug 2026 17:05:38 GMT 1203449 https://www.caclubindia.com/experts/value-of-perquisite-tax-borne-by-employer-2962314.asp Thu, 13 Aug 2026 16:20:22 GMT Some of the assesses have shown Bifurcation of Perquisite.
Other Perquisite-134142/-(284621-150479)
Interest Free or Concessional Loan Rs. 150479/- and show Exemption Under Section 10 (10CC)
Rs. 150479+18043=168522/-
Presuming that Value of Perquisite of IFCL (150479), Tax will be Borne by Employer (Bank).
ITR will be Process Successfully with No Tax Demand. In this whether Revised ITR will be filled by reducing Exemption only up to Rs.18043/- Please advise.

]]> 4341604 https://www.caclubindia.com/experts/-taxability-and-tds-treatment-on-crypto-futures-2962319.asp Thu, 13 Aug 2026 16:19:38 GMT including whether profit from such contracts is covered under VDA taxation at 30% under Section 115BBH or should be treated as business income, and whether 1% TDS u/s 194S is applicable ? does the tax/TDS treatment differ when there is no actual delivery or transfer of the underlying VDA?
Also clarify the treatment of losses and their set-off/carry-forward, brokerage and other transaction expenses, and whether any GST, TCS, FEMA/LRS, foreign remittance or other tax/reporting requirements apply ?
when trading through an Indian or foreign exchange. Please confirm the proper tax head, applicable tax rate, TDS provisions, return form and relevant sections/circulars/notifications/judicial precedents applicable to crypto futures trading in India.]]> 4297516 https://www.caclubindia.com/experts/suggest-proper-tax-tds-applicability-on-crypto-futures-2962304.asp Thu, 13 Aug 2026 16:19:10 GMT 1 including whether profit from such contracts is covered under VDA taxation at 30% under Section 115BBH or should be treated as business income, and whether 1% TDS u/s 194S is applicable ?
2 does the tax/TDS treatment differ when there is no actual delivery or transfer of the underlying VDA?
3 Also clarify the treatment of losses and their set-off/carry-forward, brokerage and other transaction expenses, and whether any GST, TCS, FEMA/LRS, foreign remittance or other tax/reporting requirements apply ?
4 when trading through an Indian or foreign exchange. Please confirm the proper tax head, applicable tax rate, TDS provisions, return form and relevant sections/circulars/notifications/judicial precedents applicable to crypto futures trading in India.
suggest peoper method.]]> 174979 https://www.caclubindia.com/experts/tax-demand-of-4-650-for-ay-2026-27-2962279.asp Thu, 13 Aug 2026 16:18:50 GMT
I seek your expert advice regarding a tax demand of ₹4,650 raised by the Income Tax Department under Section 143(1) for AY 2026-27.

The relevant facts are as follows:

1.I was employed in the UAE from 3 March 2025 to 7 March 2026.
2.I was physically outside India throughout FY 2025-26. My passport records support this.
3.The entire salary income of ₹4,88,832 reported in my ITR relates to my UAE employment.
4.0I was treated as Non-Resident in the ITR, and the same residential status appears in the Section 143(1) intimation.
5.The CPC has included the entire ₹4,88,832 as taxable salary and calculated total tax liability of ₹4,657, against which only ₹4 TDS credit has been allowed, resulting in a demand of ₹4,650.
6.No interest or late-filing fee has been charged.
7.The salary was credited to my Indian bank account.

I would particularly like your advice on the following:

Whether the UAE salary of ₹4,88,832 is taxable in India, considering my Non-Resident status and the fact that the employment was performed entirely in the UAE.
Whether the fact that the salary was credited directly to an Indian bank account changes its taxability.
Whether the India-UAE DTAA, particularly the provisions relating to employment income, provides any relief.
Whether the amount should have been reported differently in ITR-2, such as under Schedule EI/FSI/TR or another appropriate schedule, if applicable.
Whether there is a valid and strong case for filing a Section 154 rectification request against the 143(1) intimation.
If rectification is appropriate, what exact correction should be made, and what documents/evidence should be submitted?
Should the ₹4,650 demand be paid while rectification is pending?
I would appreciate your professional opinion on the correct tax treatment and the appropriate course of action.

Kind regards,
Yousuf]]> 3020649 https://www.caclubindia.com/experts/query-related-to-ca-cs-cma-firm-2962299.asp Thu, 13 Aug 2026 10:37:41 GMT Can a CA/CS/CMA Firm place their profile in a public website?
Does it amount to professional misconduct on ground of "advertising / soliciting to prospective clients?
Regards
Abhijit]]> 691531 https://www.caclubindia.com/experts/tds-on-purchase-of-property-through-eoi-2962294.asp Wed, 12 Aug 2026 21:33:35 GMT Now , received a notice for delayed payment of TDS from the department.
Kindly clarify whether there is any delay in payment of TDS and whether TDS is applicable at the time of pre launch.

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