I am Salaried individual and sold one property (house) during 2024 and made brokerage payment of 2.5 Lac to agent. As per 194H I understood that Individuals or HUF don't required deduct TDS for such transaction.
I am bit confused as various portal interprets this section differently.
What exactly is the requirement for Individual not having any income other than Salary
If property is purchased in November then what is the time limit for deducting tds and filling challan on the portal?
Morale patches go beyond just being an embroidered piece, they are a way of letting out your creativity or interest. Uniforms, backpacks, or pieces of tactical clothing wear these badges for comedic, professional, or achievement’s sake. They are common with army and police forces for team identifications and bindings. Other than the above, there is casual use where hobbyists, collectors, and those interested in the outdoors identify themselves and their necessities with morale patches.
Visit: https://www.moralepatches.co.uk/custom-hat-patches
We have a partnership firm (2 partners, Mr. A and Mr. B) with 2 unit/branch (unit 1 and unit 2) under same pan, currently Unit 1 is operational. Now Mr. B wants to start Unit 2 operation with new partner Mr. C, how partnership deed will form. ?
Dear Sir,
Kindly Discuss all things about the ESIC and epf and Tds if any taxpayer delayed the payment of ESIC, EPF, TDS as well as delayed filling the return of ESIC, EPF, TDS then what impact on the income tax in case of individual, Partnership firm, Company, LLP
For the purpose of Aadhar seeding by mistake i have selected previous employer that current employer. The Previous employer is not working. How to un tag from Previous employer.
Dear Sir,
We have deposit the professional tax with Provided E-XXXXXXXXX No
But we have put in the challan one digit wrong. (WRONG NO).
WHAT IS THE CONSEQUANCE ?
Are NGOs given a special discount of 50% on Tally Renewal charges if they pay through their Tally partner?
IF I GIVE LAND ON RENT AND TDS IS DEDUCTED BY THE TENANT U/S 194I(b) AND ANNUAL RENT RECEIVED AROUND 35 LAKH THEN GST NUMBER IS REQUIRED..??
AND WHETHER ITR 2 OR ITR 3 TO BE FILED?
There is a case in which deductee party's pan was inoperative when the return was filed hence there is a demand to deduct tds at higher rate. After which the pan becomes operative and hence we have revised the return with same deductee entry, but the demand is still outstanding.
Please guide us what should we do further.
And futher can the demand raised would be lapsed?
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
TDS on Brokerage and Commission as per 194H