There was short deduction in TDS due to the reason that PAN was inoperative due to non-linking with Aadhar details. Afterwords PAN and Aadhar were linked and we filed rectification statement but demand of short deduction has not been removed
Sir,
A small business it person gold jewellery purchase and sale transactions four time for one finical year.
Question:
Assessess gold jewellery purchase and sale transactions business income or capital gains income treatment in itr show
we have paid 10 lacs to the kakinada port stevdores association, kakinada . amt is calculated as % of total quantity (material) handled during the year.
There is confusion regarding deduction of TDS at sournce ?
which section and what rate ?
Sir,
Assessess one brother residential house transfer to another brother after
Another brother vacant land transfer to one brother
Question:
Two assessess exchange of propertys capital gain tax applicable.
Sir,
One of my client received 10 mobile tab as sales promotion under a credit note. This credit note specifically mentioned that it was sales promotion expense and TDS was deducted under section 194R and no GST was collected in that credit note. Then I want to provide these mobile tab to one of my customer under a credit note which was in excess of Rs. 20,000. Then I want to know whether the credit note I am proposing to issue was liable for GST or Can I issue the same without GST in the same way as issued by the supper. But I think I would definitely required to collect TDS under section 194R in the credit note I am proposing to issue. Please clarify regarding the GST Applicability and TDS
I've recently sold my property in Delhi and have realized a Capital Gain of approximately 75 lakh. I own agricultural land in Himachal Pradesh where I've incurred expenses on construction. Can I claim a capital gain exemption based on the amount spent there?
I am paying a Rent of 65k for a flat which have 2 owners as per the agreement. So do I have deduct TDS from the rent even if the individual payment is 32.5k per owner?
Father sale property in 2014 . Amount is invested in new house in same year in name of his son. Is he entitled to claim exemption u/s 54?. He died in 2020 . Receive notice in 2023
Hi Sir/ Maam
My client had purchased shares of Rs 50 lac in 2016, Today the rate of shares are Rs.27.20 Crores. Kindly tell me how much will be the Capital gain.
Regards
Rupinder
Hi Sir,
We have been issued 147 notice initially around 2 years back and then last year finally the closure proceedings were initiated with 0 amount tax payable by me. Infact there is a return/ refund available in the closure statement.
After the closure proceedings were initiated there are 271 notices that are being issued but our tax agent suggested to just ignore them as the closure proceedings were initiated and the tax payable is 0. Please suggest if these can be ignored or anything needs to be done as we are getting reminders for the same notices with tight deadlines. Our tax agent mentioned that these are autogenerated emails and can be ignored. Please advice.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
TDS DEMAND DUE TO INACTIVE PAN