Guest

What's the minimum intraday income to file under ITR-3?


Pradyumna u k

We have received a TDS demand notice for the inoperative PAN of the deductees for the second quarter. Then we informed the deductees, linked the PAN, and filed the revised E-TDS return, but we are still receiving the same notice.
Can anyone kindly guide us on how to address this issue? Thank you in advance.


Sudarshan Rawat
28 January 2024 at 11:37

Sale purchase of shares in Zerodha

Resolved thanks sir


Kollipara Sundaraiah
27 January 2024 at 15:00

Itr-u or normal itr filed f.y.21-22

Sir,
Assessess f.y.21-22 itr filed income below rs:3 lacs .
Question:
Assessess itr-u or normal itr filed f.y.21-22.


Vasudeva Rao

My client is a welfare association of employees, who contribute certain amount on a monthly basis as savings and get interest on these savings from Association and the Association also lends money to the needy members and collect interest on such lending. Whether this amounts to a case of mutuality. Out-siders are not allowed either to save money or to take loan from the Association. What is the implication of income tax?


Devesh Jagatram

Dear Esteemed experts,

I had purchased an under-construction property (property A) from a builder in March 2022, for which construction stage-wise payments are still going. In FY 22-23, I had sold another property (property B) and used that money to pay for Property A.

I had claimed exemption of LTCG arising on sale of property B for FY22-23 as I had invested that amount towards partial payments for property A. A registered sale deed agreement was executed by the builder of property A and the property is still under construction.

Due to some circumstances, I am planning to cancel property A and shift my purchase to another under-construction unit in a different tower by same builder (say property C). To do this, the builder suggested that we need to cancel the existing sale agreement of property A, and they will be making a fresh booking for the new unit as property C. The builder will not make an internal transfer of already paid money and will be returning it back to me. Thereafter, on registration of property C sale deed, he will be raising fresh demand letters based on current construction stage of new property and I will need to pay him for it as a fresh booking.

In such a case, how will the LTCG claimed as investment in Property A be handled? There is no real income arising from cancellation of property A as the builder will only pay me the amount I paid to him so far less the TDS deducted by me.

Will this cancellation and transfer to new unit be treated as Sale/Transfer of Property A and fresh purchase of Property C?

I will be thankful for your insights on this scenario.
Thanks.


Gagandeep Singla
27 January 2024 at 11:53

Charitable trust under section 11,12,13

Is section 43B applicable to charitable trusts?


Marimuthu
27 January 2024 at 10:22

TDS on Brand Ambassador Fees

Dear Experts,
1 A company is remitting the specified amount to its Chairman and Managing director towards Branch Ambassador Fees.
2 Whether the company needs to deduct the TDS u/s 194C or 194J


amit

How to get refund of Closed Partnership Firm in partner Account, in which assessment has been made & refund failure due to account closed.


SHYAM KRISHNAN K
26 January 2024 at 22:39

Foreign investment by indian resident

Is there any specific procedure to be followed by a resident when he made investment in a foreign business






CCI Pro

Follow us
add to google news


Answer Query

Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details
Company
ARTICLESHIP 18 June 2026
Article Assistance

RB KESHRI & CO.

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
2 posts Article assistant and Articleship completed students

Chirag N Shah & Associates

Mumbai

CA Inter

View Details
Company
24 June 2026
Chartered Accountant

CA Darshita Shah & Co

Nadiad

CA

View Details
Company
ARTICLESHIP 30 June 2026
Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
05 July 2026
Financial Controller

NovumLake Partners

Mumbai

CA

View Details
Company
22 June 2026
Accountant

Global Image Technologies Private Limited

New Delhi

MBA

View Details
Company
29 June 2026
ACCOUNTANT

SANDEEP AASHISH & CO

Araria

B.Com

View Details