If a partner incurs travelling expenses exceeding ₹20,000 for the purpose of the firm’s business and the firm subsequently reimburses the exact amount to the partner, whether the provisions of Section 194T of the Income-tax Act, 1961 are applicable on such reimbursement?

Payment made to Indian company for providing cloud based service. Subscription is for 1 year.
Is tds applicable, if yes which sec.

Hence query:-

1 Can for financial years 2021,2022,2023 the tax calculations ( inclusive of arrears of respective years ) be done Sir
During FY 2025-26 some arrears are received and these arrears are of and related to earlier financial years. Where as in current financial year income ( i.e for Assessment Year 2026-27 ) ITR is to be filed under New Tax Regime ( which is now a default regime in individual case ). But for income of earlier financial years i.e 2020-21, 2021-22 .2022-23, the ITRs were earlier filed under Old Regimes in their relevant assessment years.
Now relief under section 89 is to be claimed with calculations and by filing of Gorm10E in assessment year 2026=27.now as per New Tax Regime when ITRs of these FYs were already filed as per Old Regime and time of filing of Revised Returns is also already elapsed.
2. Can there be mismatch allowed of selecting different Tax Regimes for calculating only relief of Section 89. pertaining to past ITRs already filed. OR Tax Regime has to be mandatorily to be same for Relief Calculations and that of ITRs of related Financial Years.
3 Can in above case , New Tax Regime can be chosen for calculating relief under section 89 for earlier financial years, if New Tax Relief turns out to be more beneficial in such case

Please guide point-wise.

Thank You.

Dear Sir,
I filed TDS return for the period Q3. But in that mismatch or not entered the short deduction certificate number. Now how to rectify that.
Can anyone help me out.

A private Trust intends to Gift some land to a society for running a school.
My questions are:-

(1) whether this transaction is treated as Capital Gain in the hands of Trust u/s 50C ?
(2) And what about Society ? Will they have to pay tax ? As they will receive Immovable property without any consideration [Section 56(2) ]

Dear Sir,

I have filed Income Tax Return of the firm for A.Y. 2025-26, while filing the Return of Income I have not consider Advance Tax paid by the firm and Income Tax Return is processed also. Now, what I can do for taking Advance Tax for claiming refund.

Please do the needful & oblige.
Vishal Bhalerao

Need Tax opinion,Our business model is to buy land, convert it to non Agricultural land, develop a solar park by taking approval from govt and sell the full project(EPC+ land) to different customers, we treat such land as inventory. We completed 1 solar park earlier. For our 2nd project, we bought land but due to operational issues we couldn’t start EPC and now we are planing to setup SPV and transfer this land including appovals taken as a capital. Want to understand the Tax implications on this transfer. 1.Whether this transfer is Taxable ? if yes then under what sec ? 2.If Taxable what should be the sale consideration (We receive shares in the SPV)? 3. Can this treated as slump sale or demerger ?

I am paying monthly Rent of Rs. 40,000/- & Rs. 1,25,000/- to Single Owner for 2 Property at different location. Now i want to deduct TDS u/s 194IB.

Just want to confirm that can i deduct TDS on 1,25,000/- or Total 1,65,000/- (40K + 125K).

Payment of rent is paid seperately by 2 different cheque resp

An employer transferred a company-owned flat to an employee for ₹10 lakh. Stamp value = ₹48 lakh Cost 30 lac bought 6 yrs ago WDV in books = ₹12 lakh Employer treats difference as business loss. Employee treats it as purchase transaction. What is tax implications for employee only

Sir
My updated return is invalidated by CPC subsequently I filed rectification which is also rejected by CPC I request to AO for rectification but that also is rejected stating CPC decision of updated return invalid and rectification rejection is correct Subsequently I filed application for Condanation of delay which is also rejected by AO and PCIT
1. What will happen to my tax paid and TDS paid during year will tax paid will be considered if scrutiny/reassessment happens
2.Which ITR will be considered for final assessment if scrutiny/reassessment happens