Answers By Expert: Research Team
  Claims for REFUND of EXCESS SURCHARGE under the NEW SURCHARGE SCHEME- REFER PREVIOUS POSTS !
Appeal to ADMN/ Team of Inhouse Lawers/ CAs(: There has been  No UPDATE, till now,  on the STATUS of such claims for REFUND, of excess surcharge auto-calculated and collected by the CPC (SYSTEM),- learnt to have been lodged with CPC ,by aggreived taxpayers in acordance with/following  the REVENUE's GUIDANCE NOTE released through the ITD Portal ?! None is aware of any good reason for the undue delay in settling the legitimate claims ! Solicit a response ! Request for initiation of proactive steps /effective representation from your side, at least now, to the FM/CBDT , and close follow-up , to…


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  Appeal in supreme court
My LPA was decided by Punjab and Haryana High court by dependent me on my colleague whose LPA is pending for last 4 years and always getting next date and not decided. My question is can i file in SLP in supreme court until my colleague lpa is decided by court.


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  vivad se vishwas act 2020
can taxes be paid as per form 3 under the Vivad Se Vishwas Scheme after October 31, 2021?


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  section 131(1A) Notice issued me
I am in Ahmedabad Gujarat State and Delhi Investigation Department has issued summons under section 131(1A) of the act. Can a Delhi Investigation Department issued summons under the said act?


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  ITR of Closed Company
The Company has closed its business and applied to ROC for its closure. The Company received the Closure Order. Company submitted application to Income Tax for PAN surrender and its activation. However no reply received from them for more than 2 years. Is it mandatory to file Income Tax Return even after application for PAN Surrender.


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  Income Tax Return for closed Companies
The Company has received the closure notice from ROC after submission of all formalities for closure. After closure the company applied for surrender of PAN Card. Till now neither PAN has been deactivated nor any reply received from Department for surrender order. Should the closed company need to continue file IT Return even after the PAN Surrender since PAN has not been deactivated.


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  Addition on account of one time deposit for maintenance
Assessee is promoter and Developers. During the course of its business accepted the one time maintenance from the  unit purchaser and disclosed as deposit liability in the audited financial statement. on the completion of project the amount is handed  over to society or apartment .This policy and method has been followed by the assessee since last 10 years and also accepted in the assessment U/SEc. 143(3) of the Act.  Under the Service Tax Act as well as under GST Act this amount is accepted as deposit and no tax has been levied. Assessee submitted that it is not business receipts…


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  SEc. 68 and Cash deposit during demonetization by NBFC
Assessee is NBFC registered under Co Act as well as RBI. During the period of demonetization assessee co accepts cash in old currency amounting to Rs 1410000/- from the borrowers up to 14.11.2016 and from 15.11.2016 till 31.12.2016 amounting to Rs. 2010000/-. Ao has made addition U/sec. 68 on the ground that NBFC are not permitted to accept currency in Old Notes from any one and therefore the amount is unexplained cash credit to be added U/sec. 68, eventhough assessee co has given complete details of the persons from whom amount is received towards repayment of loan taken from NBFC. …


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  SECTION 36(1)(VA)
Is there any remedy for 36(1)(va), if appeal filed before checkmate judgement of supreme court.


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  Question on section 80IBA
Dear Sir/Madam, we have a question on applicability of section 80IBA. in case if assessee maintains cost center wise books of accounts for all the projects in a single accounting software. will it meet the requirement of separate books of accounts as mentioned in section 80IBA?


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