In case turnover of business exceeds 5 crore in current year then mandatory issuance of e invoice comes into effect immediately or from next year?

In Income from pgbp if donation to political party is debited should we add it back and claim deduction u/s 80GGC and we shouldn't add back while computing income from pgbp can anybody explain please?

M/s ABC, an eligible assessee, following mercantile system of accounting, carrying on eligible business u/s 44AD provides the following details: • Total turnover for FY 2023-24 is ₹ 130 lakhs. • Out of the above: ➢ ₹ 25 lakhs received by A/c payee cheque during FY 2023-24; ➢ ₹ 50 lakhs received by cash during FY 2023-24; ➢ ₹ 25 lakhs received by A/c payee bank draft before the due date of filing of return; and ➢ ₹ 30 lakhs not received till the due date of filing of return. Compute the amount of deemed profits of M/s ABC u/s 44AD(1) for AY 2024-25. a) ₹ 10.4 lakh b) ₹ 7.0 lakh c) ₹ 5.5 lakh d) ₹ 9.4 lakh Correct answer is option d .plz expain how?

Dividend income m kon sa loss set off ho skta h????ki ni ho skta set off?

Can anyone send last minute review or revision notes of Strategic Management SM

What are the imp sections in Deductions ch and TDS

Does anyone have e way bill notes of shrey rathi sir..?

Can someone share Kapil goyal sir's audit material? For reference to purchase

Plz explain 33 correct ans is option a

I have a doubt. What if my income doesn't fall under the tax bracket and I've received or rather won a car in a giveaway. Do I still have to pay tax since the gift value is more than ₹ 50,000?