Sir,
It assessess cash loans from different persons each person rs:19000/- total amount rs:15 lacs for daughter visa purpose.
Question:
1.huge amount from different persons sec 68 ,69 applicable
2.cash loans interest payments compulsory.

how can re-downloaded paid form 26QB Form from and paid TDS on sale of property receipt from Income Tax Site

assesseee got allotment letter/mou dated 2009 from builder
got flat possesion from builder and registered in 2015
after possession , sold flat to new buyer in 2016
question --> while calculating cap. gain for 2016, period of holding will be from 2009 or 2015?
my view --> from 2009 as mou /allotment letter can be said to be purchased (albeit it was just a right in capital asset back in 2009)

I had invested X amount in MLD in August 22, the maturity of the same was November 23. Total Period of holding 15 Months approx. Now on maturity the proceeds are credited to my bank account.

I want to know, how the gain will be taxed. Will it be taxed @ 10% as the same is purchased before 31st March 23. or at some other rate.

Resolved and deleted.

Dear sir,
One of our client was a Director in a Pvt Ltd company and had applied shares at the time of allotment @ 10 and Latter on there was a right issue which was also subscribed by them @ Rs65/- now they have sold shares of the Pvt Ltd Company @ 160/-. Is there any implaction that we have to go for valuation or go for Rule 10UAA. Kindly guide and will indexation will be available as allotment was in Fy 2013-14

Note that we have already submitted our 26Q2,2023 Return timely and here shown one Transporter whose one bill taxable Value Rs. 32,500.00 but not deducted any TDS (i.e. 0%) because Transporter given us Declaration for Not Deducted TDS Purpose.

After Return submitted Department issued us short Deduction Notice Rs. 7150.00(including Interest) because Transporter Not Linked his PAN with Aaddher.

Note that We already paid this above demand amount and Online Added our Challan Details in statement on Trace website and create conso file.

Now our Question is how to show this paid demand amount in revised TDS return (CONSO FILE) .

Hello All
I want to know if I give some amount in shape of gift to my brother who is a NRI.. SHALL THAT AMOUNT WILL BE TAXABLE IN THE COUNTRY AUSTRALIA in his income tax return..
Pl do reply.
Regards

I have received below answer;

Your ITR is invalid till the condonation request is approved. However, if the time to process the return u/s 143(1) of I.T Act is over, it is deemed that the condonation request, if any, has not been considered (or) has been rejected by the DIT(CPC).
Jan 25, 2022

Sir,
Professional income sec 44ada provision it returns filed person cash loan debtor balance write off adjustment entry with cash loan creditor two persons not same persons.
Question:
Assessess Book adjustment entry sec 40 a(3) and sec 40 a(3a) provision applicable in it act.