Daya
This Query has 1 replies

This Query has 1 replies

whether land value include all the expenses regarding buying properties ,i.e. Registration Fees or Stamp duty. should be club into the Land Value.


Daya
This Query has 1 replies

This Query has 1 replies

How to Make Journal entry of Loan taken against Property
and repaid journal entry.


Jacob Abraham
This Query has 2 replies

This Query has 2 replies

One of my friends, who is an NRI ( due to employment in Oman), deposited Rs. 3 Lakhs in the federal bank for 10 years on 11/03/2015. She became NRI from 2017 onwards. Bank started deduct TDS from accrued interest but didn't inform her. Now when FD matured, the bank paid her after deducting the entire TDS (Approx Rs. 1 Lakh) from the 2017-18 Assessment Year till 10/03/2025. Now they mailed her all ( 29 Nos.) Form 16A certificates, from Asst Year 2017-18 to Asst Year 2025-26. 29 forms together.

Kindly advise whether she can claim the entire TDS refund now.


Shantanu Bose
This Query has 5 replies

This Query has 5 replies

Sir,
I've miniscule amount(Rs. 3750/) of brokerage and commission earned from a P2P lending platform and STCG from stocks in FY 24-25. Can I file ITR 2 and show this 3750/ in other income instead of ITR 3 for AY 25-26 to avoid complications of making balance sheet and books of accounts ? Can CBDT send me defective return notice for so much less amount ?
Thank you


VIKAS KUMAR SHARMApro badge
This Query has 3 replies

This Query has 3 replies

Sir,
Individual is registered under GST and trading for building material (bricks, sand, bajari, ms bar, cement etc.) my query is
can he TRADE LPG and OXYGEN gas also to industries under same GSTIN
OR need to go for another GSTIN????
regards
Vikas


Sandeep Jain
This Query has 3 replies

This Query has 3 replies

13 March 2025 at 14:22

Unsecured Loan amount

Sir,
We have received Rs.298000/- from a single person by Cheque of HDFC bank. We have return Rs.300000/- to him by internet Banking now can we receive Rs.2000/- by Cash from


Sandeep Jain
This Query has 1 replies

This Query has 1 replies

13 March 2025 at 12:04

Bank Charges Refund

Sir,
FY 2023-24 bank deducted Rs, 20000/- Renewal CC Limit Charges. we can show under Profit & Loss account ( Bank Charges) Now FY 2024-25 March month bank reimbursement some amount Rs.14320/- how we can adjust in books of accounts. Can we create new ledger Reimbursement exp by bank under Indirect income or any other way
Please guide


prasad Nilugal
This Query has 1 replies

This Query has 1 replies

My query is , what will be implication of Income tax Payable by employee working in SEZ units ?, any exemption , under which Section of the Income tax act . ( I think section 10AA of the Income tax Act ) please guide .


Anand Prakash Garg
This Query has 1 replies

This Query has 1 replies

Dear Sir

If any particular script is sold at loss and the same day you buy lateron same script.
Is capital loss can be adjusted against capital gain. In short, we want to reduce capital gain tax.


alok mukherjee
This Query has 3 replies

This Query has 3 replies

Mr X purchased a residential house property at Rs 100000 in 1980. Mr X has two sons A and B. Mr X died in 2012 and on his demise, his Son B gifted his 50℅ share to his brother A in 2013. In 2013 the total value of the property as per gift deed was Rs 2400000. So A actually got Rs 1200000 worth of gift mentioned in gift deed. A sold the house at Rs 5000000 to a third party Z in January 2025. What is the capital gain tax Mr A will be paying as per Indian Income Tax Law