One of my coffee plantation firm client, desires to admit an Indian origin, American citizen, NRI as a partner. The firm owns a coffee plantation in Hassan district and carries on the business of growing coffee, pepper and other agricultural produces. The NRI holds an Aadhar Card and a NRO bank account. Our query:
01. A NRI (Non-Indian Citizen) but Indian origin can become a partner in a partnership firm owing coffee plantation and growing coffee, pepper and other agricultural produces?

The NRI is investing from his NRO account.

Sir,
Assessess sales of flat value rs:55 lacs
Flat value rs:45 lacs fitting and fixtures value rs:10 lacs
Question:
Assessess sales agreement flat value and fittings and fixtures values separate or sales agreement flat with fixtures and fittings.

Sir,
TDS form 26Q for march-2024 got rejected with massage : Line No 2 - Duplicate Statement
Please help somebody .

Dear Sir/Madam,
I and my wife in joint ownership have purchased a flat . I paid an advance of 5% consideration on March 31, 2024. The rest of 5% advance was paid by me on Apr 04, 2024 . After ensuring that 10% is received, the builder then made the documents with booking date of flat as April 08 , 2024 and BBA agreement date is April 09, 2024.
Could you pls answer following query.

Q(1) In which financial year, this property will be considered as bought by us, old financial year or new financial year. I hope it should be new ( FY 24-25 ) based on the agreement date but still want to confirm . Asking because I got to know that now in return, the Income Tax department would ask this information of any property purchased .

A Private Limited Company owns a piece of land measuring 10 acres and engages a person to do the necessary infrastructure facilities, to form a layout. The Company deicides to give two sites so developed as fee for the activities done, instead of paying cash. Is this allowed in Income Tax Act. Kindly clarify

T_FV_6351 Applicable and Mandatory For Financial Year 202324 onwards 'Other special allowances under section 10(14)'.

i got this error for the F,Y-2023-24-Q4. any sollution for this error?

A company has only one employee, the annual salary of particular employee is below taxable limit. Here, How will issue Form 16 from traces without TDS Challans ??

Kindly Guide me

Can anybody advice solution for error code TV_6351 - 24 Q correction statement creation error

T_FV_6351 Applicable and Mandatory For Financial Year 202324 onwards 'Other special allowances under section 10(14)'.

Getting Error White Filed TDS 24Q Revised Return

Please help how to resolve the error

If any income earned by non resident by way salary and Company directly deposits salary in indian account of such nri then such income would be taxable as income arises in india?
Or it would be treated as foreign remmitance and would become exempt in india?