ABHI KUMAR
20 March 2026 at 19:37

43 b 1 h

We file income tax under section 44AD and are traders. Is section 43B(h) applicable to us?


Suresh S. Tejwani
20 March 2026 at 15:35

TDS U/S 194S VDA

IF TDS IS DEDUCTED U/S 194S CAN WE SHOW SUCH TURNOVER IN ITR UNDER PRESUMPTIVE INCOME? IF AN INDIVIDUAL IS REGULAR TRADER OF CRYPTOCURRENCY.


Urvi Shah

What is the Tax rate and surcharge rate for discretionary Trust for AY 25-26?


Venkateshwarlu Pulluri

one grand mother is willing to transfer an amount of 50 Lakhs to her as a gift with love and affection on her grand daughter to survive herself in future, since she is no support of father, only mother is caring now,

is income tax applies on said cash gift to donee, since doner sold out her house property, out of said source she willing to transfer said amount.

please guide me in this regard.


Rajendra Kumar Das

Can a govt PSU deduct TDS under Section 194J on payment of Rs. 2,00,000 to the Institute of Cost Accountants of India for a certificate course of its employees. Please confirm


binu sukumaran
18 March 2026 at 09:17

Advance tax payment after 15th Mar 15

Sir.
Due to medical treatment of owner, unable to pay advance tax Q4 with in the mar 26.
Let's me know if paid with in Mar 31, is there any benefit with in respect of interest.
Please advise.
Binu


Suresh S. Tejwani

In case of the buyer deducted TDS on the sale consideration and deposited the same .Subsequently, the transaction was cancelled, and the consideration amount was refunded to the buyer by the seller.
1.Whether the TDS deposited under Section 194-IA can be claimed as a refund in such circumstances.
2.Whether the refund should be claimed by the deductor (buyer) or the deductee (seller).
3.The appropriate procedure to claim such refund, including any rectification or correction in Form 26QB.


Kollipara Sundaraiah

sir,
A partnership firm remenuration and interest paid to two partners.
Question:
tds provision applicable on remenuration and interest f.y.25-26 .


Suresh S. Tejwani
17 March 2026 at 13:11

REGARDING ITR OF TRUST

If we file ITR-5 instead of ITR-7 in FY 2023-24 and report an income of ₹12,000, a demand is raised. Is there any way to avoid paying this demand, considering that we had provisional 12A registration for that year?


Stephen Arul Raj
17 March 2026 at 12:39

Pending Income Tax Refund

Sir/Madam, we had certain expenses disallowed during FY 2017–18 and FY 2018–19. We subsequently filed an appeal and received a favorable order. However, the refund has not yet been received. Kindly guide us on the procedure to obtain the pending refund.






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