Assessee had purchased one immovable property for Rs.60 lacs and no TDS was deducted on the assumption that there were 4 joint sellers of the said property and each share was less than 50 Lacs.

Can the department raise a demand for non deduction of TDS or is there any case laws in our support ?

Thanks in Advance

Can a person having income from fd opt ror the new tax regime in this year and then switch back to the old regime in the next financial year

If the partners capital account balance is Rs 10 lakhs, Can he retire by accepting Rs 5 lakhs as the full and final settlement. Will there be any tax implications for the firm or partner

If a partnership firm records a higher remuneration in its books of accounts but the partners withdraw a lesser amount, is this practice considered dis allowable under income tax?

26AS reconcilation Kiya tab pata chala ki kuch transaction 26AS pr hai but mere pass uska kuch data nahi hai.. to mujhe kya uski JV book karni padegi... Agar ha to kaise book Karu... Example plz

State Chemical Industry Association (AOP under Income Tax Act) held Inter Company Cricket competition for Employees of Chemical & Pharma Companies in the state. It charges Rs.75000/- per company towards fees for tournament. Is TDS deductible.

Hello Sir/Mam,
I filed ITR AY 2022-2023, but in my 26 AS no tax of payment is shown still I get defective notice. What to do.

Return has been filed u/s 139(8A), but it is not accompanied by the valid proof of payment of tax as required u/s 140B.Return has been filed u/s 139(8A), but it is not accompanied by the valid proof of payment of tax as required u/s 140B.Please find the FAQs for filing Corrected return https://www.incometax.gov.in/iec/foportal/help/response-to-defective-notice%20-against-updated-return/faqs

I was getting rental income on my commercial property an office in a cooperative society building. My last licensee vacated the premises on March 31, 2023 as he needed to shift to a bigger place. Since April 1, I am not having any tenant and therefore i sold the property in February. As property was vacant from April 1, to date of sale, do I have to file income from house property on deemed basis for the entire Financial year or only till the date the property was sold. No actual rent earned to file on basis of rent received for part of year.

My Proprietary Firm has been received interest income. which income include in business income which option chose feedback in AIS---
Feedback Types is follwings:-
01.Informarion is correct
02.Income is not taxable
03.Information is not fully correct
04.Information relates to other PAN/ Year
05.Information is duplicate / Included in other Information.
06.Information is denied.

please reply urgent.

Sir im a salried person and by mistakenly or my unfortunately i did't e varify may itr last year till it go 31 dec 2023
Now i ask ur goodself how to refund my last year itr