Sir,
Demand raised for inoperative PAN (Pan not linked with Aadhaar on the date of filing TDS return). Now PAN is linked to Aadhar and status of Pan is operative.
Do we need to pay total tds @ 20%. Or since PAN is operative now, can we file correction statement without paying 20% tds. Plz guide. This is for 26Q for Q2 of FY 203-24.

dear sir

i filed individual itr-1 for ay 23-24 on 30.06.23 and forgot to mention long term capital loss in the same
now i am trying to file updated return-2 under 139-8a using the income tax utility it is giving me following error:-
string does not match pattern pls advice

IS LTC TAXABLE IN NEW TAX REGIME?

Hi,

I did a mistake while filing 26Qb form and I deduct all the TDS but property is in joint ownership with my wife. Could anyone please help on how I can rectify it if property registration is already done.

Dear All

Please let me know whether we can deduct rebate u/s 89(1) in form of 10E in new tax regime? please anyone answer me. It's very urgent

As a CA, I know that CA can't Certify Income Tax Return i.e. ITR. But Some Clients are constantly insisting me to give CA Stamp on their Non Audited Balance sheet. Ofcourse Auditing Provisions are not applicable to them as they are Individual having PGBP and Other Sources Income having Total Income upto 10 to 15 Lacs. I told them I can't give such CA Stamp as it's not Audited. But, they say other CAs giving such Stamp, Why not you ?
Well, Before saying them to, "Go to then those CA". I want to ensure myself that Can I give such CA Stamp on Non-Audited Balancesheet ?
Will I need to Generate UDIN for that ?

Hello,

Bank has dedcuted TDS on cash withdrwal@ 2% on cash withdrwal during the year 2023-24 even though My client has newly incporporated in the Last year i.e FY 2022-23 only and filed income tax return in the last year i.e 2022-23 1st time
my client have given letter to bank as TDS u/s 194 N not applicable to us as we are newly incorpated not to deduct tds even though tds deducted by bank aslo bank has mailed to my client that No relaxation has been given by income tax department to newly established firm. Hence tax will be applicable on cash withdrawal in excess of 20Lakh. Kindly refer section 194N for more details.

please clarify this section nothing mentioned in the section that its relaxation for newly incorporated

Dear Sir/ Madam,

How to calculate income from House property incase of Let out Property under lease.

Thanks in Advance

Can I lease my house as a gift to my wife, so she can show the rental income in her tax filing?

Whether a son can claim deduction u/s 80DD for expenses incurred for the maintenance of his father's partial disability. The father is also a teacher and is having taxable income .