I had salary income till March 2024, so I have filed ITR-1, claiming deductions u/s 80C alongwith house property loss (house loan interest).
From April 2024 onwards, I am receiving professional charges after deduction of TDS. Please advise me the ITR form to be filed from AY 2025-26 onwards and also whether I can claim deductions u/s 80C and house property loss in that return.
whether net profit are distributed among partner after paying taxes.
DEAR SIR,
ONE OF MY CLIENT RECEIVED AMOUNT OF PROPERTY SOLD OF HIS HUSBAND FATHER OWNED PROPERTY (1938). AFTER DEATH OF HER FATHER IN LAW THE PROPERTY KHATHA ENDORSED MADE IN THE YEAR OF 4.12.2012.
THE URBAN DEVELOPMENT AUTHORITY HAS ISSUED TITLE DEED/SALE DEED IN FAVOUR OF HIS CHILDERN MY CLIENT HUSBAND DIED MY CLIENT IS SUCCESSOR OF THE HER HUSBAND SHARE HER NAME INCLUDED IN THE TITLE DEED IN THE YEAR OF 2019.
AFTER DEATH OF MY CLIENT HUSBAND BROTHERS THE TITLE DEED MADE IN THE NAMES OF WIFES IN THE YEAR 7.8.2023
THE PROPERTY SOLD OF 1.40 CRORE MY CLIENT RECEIVED HER SHARE OF RS 35 LAKHS.(25%)
HOW TO DETERMINE THE DATE OF ACQUISITION AND DATE OF TRANSFER OF THE PROPERTY
HOW TO CALCULATE THE CAPITAL GAIN.
PLEASE GUIDE ME
REGARDS
how to make treatment in accounts for advance paid and received in accounting and adjustment in accounting and also for tax purpose , income tax and GST.
Please reply.
Sir,
From last 3year i have been making a mistake of showing Exempted good in zero return good.
IS there is change to get notice.
If yes how to reply that notice.
Please guide
if a person is blind and also has malignant cancer,can that person claim deduction under section 80U and under section 80DDB? He is a senior citizen . Since he has very limited insurance coverage,
and incurring expenditure on chemotherapy, will he be allowed both deductions?
Financial Year 2023-2024 An Individual Chartered valuer earns professional fees Rs.47,95,884/- and made an export sale of Polyester Curtain Rs. 4,44,825/-.
1) Is he required to get his account audited.
2) If yes, how it is possible, as the last date of submission is over.
3) He got a notice - Your Income-Tax Return has been identified under risk management process of the Income-Tax Department. Your confirmation is required on the following claim(s)/ deduction(s)/omissions in the return. Reason "Refund claim in violation to section 44ADA"
Please advice me what to in this situation.
Sir,
A Doctor (name :A)owns private hospital service provide to different patients .but another doctor (name mr.B)service provide to patients in Mr .A hospital health services income rs:20 lacs and tds deduction after net amount show in name Mr.A pan 26 as reflected
Question:
Health services income amount repayment procedure Mr.A to Mr.B
Against whose PAN TDS is required to be deducted...if the owner of the land comes in agreement through it's constituted attorney 'Promoter(real estate project)', where all the dealing and rights regarding the building are with the promoter and sale consideration is to be paid to the Promoter?
I want to apply for a certificate u/s 17(2) of IT Act for my hospital. What is the process? Is this online or offline?
Input Tax Credit, GST refunds and Recovery of refunds- Roadblocks and way outs
GST LIVE Certification Course - 43rd Weekdays Batch(With Govt Certificate)
ITR & Deductions