The company is engaged in civil contract works and pays royalty to Gravel Crushers. Should it deduct TDS @10% on royalty payments. Pl advise.

Respected Expert,
I have to revise my ITR due to increased salary amount because of arrears.But one problem arises due refund amount that I got earlier.On IT computation,it seems that I will get more refund when all tax is there (I.T.Deptt.). ( I always use to pay my IT in the form of Advance Tax)
Now I want to know,1)under which head I should deposite refunded tax amount and 2)by which challan number.3) what will be interest rate.
Thanks in Advance
Regard
Sunil Jadhao

Dear Sir,

Is it mandatory to receive TDS certificate from deductor as our customers are refusing to give it stating that once TDS is reflected in 26AS report then it is not binding at their end to issue TDS certificate.

Is there any notification in regard to this from the Dept.

Kindly guide

what is taxed in partner hands?
rem. debited to pl of firm or admissible remuneration in firm's it return?
my view--> admissible rem. irrespective of what is debited in firm's prof loss.
Am i correct?

IF HUSBAND HAS EXPIRED, AND MATURITY VALUE OF FD ON THE NAME OF SAME CREDITED TO HIS WIFE ACCOUNT THEN SUCH AMOUNT IS TAXABLE IN HAND OF WIFE OR NOT?

Resident Indian while paying towards Property purchase from NRI has to deduct 20% TDS. He needs to file Form 27Q.
My question is while paying Tax which section should be selected ? Section 112 or Section 115E

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.